Gordon Ford College of Business News
A New Partnership Gives WKU’s Personal Finance Summer Camp A Boost
- Liz Fogle
- Wednesday, June 22nd, 2022
Thanks to a partnership with Abound Credit Union, Western Kentucky University’s Center for Financial Success (CFS) expands its residential high school summer camp. The new partnership with Abound Credit Union provides significant support for the camp and allows CFS to increase scholarships for campers, among other things.
“Abound is excited to support WKU's Personal Finance Summer Camp”, said Ray Springsteen President / CEO of Abound Credit Union. “Helping Kentuckians live better is a primary focus here at Abound. The credit union invests in financial education programs throughout the state from elementary school to adults. WKU’s Personal Finance Camp is a great way to help more Kentuckians learn basic personal finance principles and lead better lives.”
The Personal Finance Summer Camp will run from June 26th through June 30th. The camp launched in the summer of 2021 with 14 high school students. This summer, the camp is scheduled to host 30 rising 10th-grade through 12th-grade students from across Kentucky, and Tennessee. Campers will spend five-days living on campus, learning about personal finance, and competing in a financial plan case study competition. The case study requires the teams to build a financial plan for a mock client with a presentation on the last day of the camp. As part of the experience, the campers visit local financial firms and their advisors serve as a resource for the case study competition. The camp counselors are financial planning students who provide guidance and support throughout the camp.
Kentucky Treasurer, Honorable Allison Ball is scheduled to deliver in-person remarks at the Closing Awards Ceremony on June 30th. The Treasurer has played a vital role in expanding access to financial literacy in Kentucky, including spearheading the creation of the Kentucky Financial Empowerment Commission and we appreciate her support for our camp.
For more information on the Personal Finance Summer Camp, please visit https://www.wku.edu/program/fincamp
WKU’s Center for Financial Success (CFS): The Center for Financial Success is housed in WKU’s Gordon Ford College of Business in Bowling Green, KY. The Center provides resources to aid the university and regional community in becoming financially informed and independent by utilizing a combination of faculty expertise, peer-to-peer coaching, and applied financial planning education.
Abound Credit Union: Abound Credit Union, a leader in financial education, has been providing valuable banking solutions to help hardworking Kentucky families thrive for 70 years. We’ve grown over the years and now have 18 locations, $2 billion in assets and over 115,000 military and civilian members. The Credit Union was named 2021’s Best Mortgage Lender and Best Financial Institution in The News-Enterprise Readers’ Choice Awards and has been recognized for its leadership in financial education at the state and national level. Abound Credit Union is also proud to be one of the Best Places to Work in Kentucky. It’s simple to become a Member, visit our website at www.AboundCU.com to see how you may be eligible.