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CUNAs Mad City Money game a hit at CNYIN event
ONTARIO, Calif. (11/30/09)--Several individuals said they will implement Mad City Money at their credit unions after participating
Cathy Arra, California and Nevada Youth Involvement Network, helps Mark Davey, CEO of Antelope Valley CU, Lancaster, Calif., purchase a home during a Mad City Money simulation.
Click to view larger imageMike Jones, branch manager at Educational Employees CU, Fresno, Calif., and California and Nevada Youth Involvement Board member, participated in a recent Mad City Money simulation by working as the manager of a credit union.
Click to view larger imageMarlene Myers, California and Nevada Youth Involvement Network vice chairman, and Bruce Milgrom, Modesto's First FCU CEO, Modesto, Calif., were among 25 participants in a Mad City Money simulation at the California and Nevada Credit Union Leagues’ annual meeting and convention.(Photos provided by the California and Nevada Credit Union League)
in the program at the California and Nevada Credit Union Leagues’ Annual Meeting and Convention. “This program gets students immersed in an adult world complete with an income, responsibilities such as children and debt, and gets them to make real-world decisions such as home and auto purchases, monthly bills, paying down debt and saving for the future,” said Wendy Zanotelli, chief operating officer of UNCLE CU, Livermore, Calif. Rick Hoffman, CEO of Inland Empire CU in Pomona, Calif., and Mark Davey, CEO of Antelope Valley FCU, Lancaster, Calif., agreed. “It is a great first step for high school students,” Hoffman said. Mad City Money, a simulation game sponsored by the Credit Union National Association (CUNA), allows participants to build a budget and tackle financial responsibilities, such as buying a home or paying off debt. The game targets youth. It was offered by the California and Nevada Youth Involvement Network (CNYIN) at the leagues’ conference. Twenty-five credit union CEOs, volunteers and employees participated. Participants were given financial responsibilities--from selecting housing, and transportation, and buying food and other necessities--while building a budget. They also could visit a credit union in the simulated “town” for financial advice. Representatives from Silver State Schools CU, Las Vegas; Caroline Lane, senior vice president, CO-OP Financial Services; Dean Archer, CUNA vice president of sales and strategic business development, and CNYIN board members, acted as merchants.
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