News & Announcements

Lisbon Community Federal Credit Union Helps Provide Financial Education to Teens at Wiscassett Middle High School Financial Fitness Fair.

Maine credit unions introduced the new concept for youth financial education in 2004 entitled - A Money Management Experience. (These efforts have contributed to Maine’s credit unions being an eleven-time winner of The Desjardins Award for Youth Financial Education, making Maine the most recognized Credit Union System in the country.)

Ellen Bradstreet of Lisbon Community Federal Credit Union helps students with decisions about home furnishings.

This award-winning, half-day event targets high school juniors and seniors and is similar to the game of "LIFE," where participating students are given a career and monthly income and then have to visit booths associated with various expenses that the average adult is faced with each month. Costs, such as transportation, housing, clothing, food, student loans, insurance and several other everyday expenses, are filled in on a monthly budget form by each student.  At the end of the event, the goal is for students to have monthly budget that does not exceed monthly income.
The 2014/15 school year was the busiest ever with more than 30 fairs taking place during the school year.  A total of 6,411 students participated in one of the Maine Credit Union League’s fairs.
Below is a list of most of the fairs that are scheduled for the 2016 school year.  Several smaller fairs are also taking place that are not included on this list and they are continually updated at http://www.mainecul.org/community-involvement/financial-education-and-resources/financial-fitness-fairs/.
It costs nothing for a school to host a fair, and is TIME WELL SPENT!

• March 2016 (Oxford FCU) - Oxford Hills Middle School, Norway
• Tuesday, March 29, 2016 (Aroostook Chapter) - Loring Job Corps, Limestone
• Wednesday, March 30, 2016 (Norm Nolette Chapter, with assistance from Jeannette G. Morin Chapter) - Lewiston Armory, Lewiston
• April 2015 (Kennebec Valley Chapter) - KV Community College, Fairfield
• Tuesday, April 6, 2016 (Northern Penobscot Chapter) - Lee Academy, Lee
• Thursday, April 28, 2016 (Alex Ferguson Chapter) - Bonny Eagle High School, Buxton
• May 2016 (Bangor Chapter) - EMCC, Bangor
• June 2016 (York County Chapter) - Thornton Academy, Saco

For more information about participating and/or attending one of the Money Management Experience events, scheduling a fair or having a school participate in one, please email Jon Paradise at the Maine Credit Union League or call him at (207) 773-5671, ext. 273.