Students from Anderson University won the Federal Reserve Bank of Richmond's second annual Share the Wealth financial literacy video contest. The competition was open to undergraduate students from throughout the Fifth Federal Reserve District, who were challenged to create videos to help promote financial education.
The winning video, titled "Meet Joe," was created by Michael Shirley and Trevor Sullivan of Anderson University, in Anderson, S.C., and encourages viewers to plan before they spend. The second-place video, "Read Before You Sign," by Andrew Owens, Russell Martin, and Sean Meyers of the University of North Carolina in Chapel Hill, N.C., cautions viewers to take the time to read and understand rental contracts before signing. Adrian Bautista and Kuan Chen of Georgetown University in Washington, D.C., created the third-place video, "Life Lesson: Credit Card Debt," which conveys to viewers that credit card bills should not be ignored.
The winning videos can be viewed on the Richmond Fed's YouTube Channel.
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.
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