SPRINGFIELD, Mo. (8/31/15)--Volunteers from four Missouri credit unions and Bank On More gave students of Metropolitan Community College in Longview a crash course on personal finance during a Speed Savings event at the college’s new student orientation.
According to the Missouri Credit Union Association (MCUA), at every 20 minutes, a group of students would arrive at the Speed Savings room. They visited stations offering financial topics, including managing student loans, improving a credit score, budgeting and credit card management. Credit union volunteers at each station explained the topic in three-minute intervals. Students who funneled through all the stations were eligible to win an iPad, sponsored by Bank on More.
“Bank On More’s Speed Savings event challenged students to start thinking about their financial future--whether that’s establishing a credit history or planning for student loans,” said Liz Adams, MCUA senior vice president of member relations. “It also provided credit unions the opportunity to begin a dialogue with students about credit unions.”
Credit union volunteers were from Kansas City-based CommunityAmerica CU, Heartland Community CU, and Mazuma CU, and from Independence-based United Consumers CU. They educated more than 800 students.