The Better Way to BankĀ®

About 1st Financial

Press Release November 21, 2013

FOR IMMEDIATE RELEASE

CONTACT:
Laura Woods
636-916-8303
lwoods@1stfinancialfcu.org

1st Financial Federal Credit Union Partners with
Local High School for Financial Reality Fair

Wentzville, MO - 1st Financial Federal Credit Union was honored to partner with the Missouri Council on Economic Education (MCEE) and Holt High School in Wentzville, MO in November for their financial reality fair titled "Mad City Money".

As part of an initiative to increase financial literacy among youth in the state of Missouri, the MCEE offers a program called Mad City Money, in which students are each given a different life scenario. They have to create budgets based on the specific circumstances they are given and try to plan a life for themselves without going over budget.
One significant aspect of Mad City Money is the involvement of local businesses, such as 1st Financial, who "sell" students imaginary material goods and services, such as cars and furniture, and help them think through the consequences of their purchases.

Mad City Money gives students a chance to connect what they are learning in the classroom to what they will be facing once they get into the real world.

Michael English, President & CEO, Missouri Council on Economic Education recently said, "Over two days, MCEE and 1st Financial Federal Credit Union provided personal finance hands-on learning for 150 high school students. At the end of the day, the high school students had acquired a realistic sense of the expenses and responsibilities of an adult." He went on to say "Students at Holt High School were incredibly engaged in the Mad City Money simulation, thanks in large part to the enthusiastic volunteers from 1st Financial Federal Credit Union."

1st Financial Federal Credit Union exists with a vision of helping people achieve their financial dreams and believes financial education is the foundation of making that vision a reality for the communities they serve. By supporting organizations like MCEE and Holt High School, resources become available to young consumers on a level they can understand before entering adulthood, creating a higher likelihood for success.

For more information on 1st Financial Federal Credit Union and the credit union difference, please visit www.TheBetterWayToBank.org or call (636) 916-8300.

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About 1st Financial Federal Credit Union

Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.

1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.

Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today.

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