Financial Education

SIMULATED GAME OF LIFE OFFERS AREA STUDENTS A CHANCE TO WIN UP TO A TOTAL OF $50,000 IN ‘MAD CITY’ SCHOLARSHIP MONEY

STUDENTS TAKE ON THE ROLE OF ADULTS IN FUTURISTIC MAD CITY AND ARE GIVEN JOBS, INCOME, A FAMILY AND DEBT MENTOR, Ohio, March 5, 2024 /PRNewswire/ -- The Cardinal Credit Union, a member-owned, not-for-profit financial cooperative serving the community through high-performance banking products and services, is once again co-hosting its annual Mad City Money Scholarship competition from March 12 to April 17 across five area high schools, including Notre Dame-Cathedral Latin School, Lake Catholic High School, Eastlake North High School, Mentor High School, and Willoughby South High School. Participating student teams have an opportunity to win up to $10,000 in scholarship money per school for a total of $50,000 across…

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Improving financial wellness through education, innovation and community

by LAURA HENNIGAN, Crain's Content Studio-Cleveland Original article: https://www.crainscleveland.com/custom-content/inside-cardinal-credit-unions-community-focused-approach-and-financial-wellness Since its original formation 10 years ago, Cardinal Credit Union's Financial Education Wellness program has expanded to include five additional high schools and one student-run branch at Lakeland Community College. Cardinal Credit Union has been providing f­inancial services in the Greater Cleveland area for more than half a century. Initially established in 1953 to support the employees of the Mentor Public School System, the organization now serves 24,000 members across Ohio. Unlike a traditional bank, Cardinal Credit Union is a member-owned financial cooperative that is owned, managed and utilized by its…

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Cardinal Credit Union hosts Money Booth Madness at Mentor High

Teaching high school students about financial responsibility doesn’t have to only take place in a classroom. And it certainly can be fun. To help kick off this school year, Cardinal Credit Union recently hosted Welcome Back Money Booth Madness during lunch periods at the SmartStart Student Branch at Mentor High School. Cardinal Credit Union will deposit dollar for dollar of money collected in the booth into a student’s Cardinal checking or savings account. Dominic Santell, a 16-year-old junior at Mentor, took his chance in the money booth and it was a little bit different than he expected. “When the money…

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