Summit Credit Union’s Project Teen Money propels area students’ financial lessons

Interactive competition offers scholarships, peer-to-peer inspiration

MADISON, WI (February 7, 2017) — Summit Credit Union has launched its fourth annual Project Teen Money program, a unique challenge created by the member-owned cooperative to help young adults achieve financial success. Culminating in a $2,500 scholarship awarded to the winner, the competition is conducted through Summit’s in-school branches at Madison’s East, La Follette and Memorial high schools.

Working closely with Summit, two students from each high school were selected last fall to create three videos inspiring their peers to save more, spend smarter and give back to their communities. For each topic, participants create a 30- to 90-second video in which they educate and motivate their peers. The videos will be featured on Summit’s website throughout February and March, and participants will use social media to help communicate to their peers.

“It’s never too early to start learning life skills around managing money,” said Summit Credit Union CEO and President Kim Sponem. “With the help of Summit, Project Teen Money is a great way for high schoolers to inspire and help educate their peers about living a financially successful life.”

Fellow students, families and community members are encouraged to vote for their favorite videos. The $2,500 scholarship is awarded to the winner, while all other participants receive a $500 scholarship.

To cast votes and learn more about this year’s participants, visit The first video, detailing the importance of saving, is currently on Summit’s website and is open for voting.

About Summit Credit Union (WI)

Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $6.6 billion in assets and has more than 250,000 members and 948 employees across 56 locations throughout south-central and southeastern Wisconsin. Since 2002, Kim Sponem has been CEO & President of Summit Credit Union, formerly known as CUNA Credit Union/Great Wisconsin Credit Union. Recognized for its excellence in employee engagement, in 2021, 2022 and 2023 Summit was named both a Top Workplace in the USA by Top Workplaces USA and a Top Workplace in the Madison area by the Wisconsin State Journal. In 2023 it has added a Top Workplace award in Milwaukee by the Milwaukee Journal Sentinel. For more information, visit or call 608-243-5000 or 800-236-5560. For additional media information, visit or follow Summit on Facebook, Instagram and Twitter.


Jason Waller
(608) 243-5000, ext. 6862

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