The $1.4 billion Huntington Beach, Calif.’s NuVision Federal Credit Union announced its second annual Think.Tank.Challenge student essay contest,set for the first quarter of 2017. The challenge offers $20,000 in prizes.
The credit union seeks participation from local high schools. “Hundreds of high school students participated in NuVision’s first Think.Tank.Challenge, and next year we are looking to further expand the program throughout Los Angeles and Orange counties,” Attila Morgan, manager of community engagement/PR at NuVision Federal Credit Union said. “This unique educational program challenges students to learn and think about important financial topics while earning money for themselves and their schools.”
The Think.Tank.Challenge incorporates financial literacy programming for participating students throughout the process. The contest, designed to teach students the importance of setting goals and avoid distractions, also provides students with skills as they transition to college and beyond.
In 2016, NuVision’s inaugural Think.Tank.Challenge took place among four local high schools, including Carson High School, Lakewood High School, Long Beach Polytechnic High School, and Schurr High School in Montebello. The contest challenged students to “explain what young adults can do to become better savers,” and to answer the question: “What will you do in the next five years to secure the future of your retirement?” NuVision presented a check for $5,000 to the winning student.
NuVision has awarded over $50,000 in educational grants and scholarships to local students and schools since 2010.
