The Federal Reserve Bank of Richmond's Baltimore Branch has named the winners of its first creative expression contest.
Arielle Vogelstein, from Beth Tfiloh Dahan Community High School in Reisterstown, Md., won first place in the comic book division and received a $400 savings bond. Stephanie Falcone from the Connelly School of the Holy Child in Potomac, Md., won second place and received a $300 savings bond. Cara Herman, also from Beth Tfiloh Dahan Community High School, won third place and received a $200 savings bond.
Julia Rees, from the Holton-Arms School in Bethesda, Md., won first place in the short story division and received a $400 savings bond. Anirudha Balasubramanian, from St. Albans School in Washington, D.C., won second place and received a $300 savings bond. Monica Passi, also from Holton-Arms School, won third place and received a $200 savings bond. These entries will be on the Bank's Web site.
The Richmond Federal Reserve sponsors the contest to promote economic and financial education and to encourage excellence in the creative arts. Students were asked to write a short story or draw a comic strip on the following topic: "Imagine you are a super hero who has mysteriously gained extraordinary powers that allow you to solve economic problems throughout the world. By considering an economic problem or issue, explain how you would use your powers to save the proverbial day!"
The inaugural competition drew 30 short stories and 27 comic strips entries from nine area high schools in Maryland, northern Virginia, and the District of Columbia. Essay judges included Karen Brooks, Assistant Vice President, Kylie-Ann Allen, Public Affairs Manager, and Karen Kokernak, Economic Education Specialist.
The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.