Press Releases

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Nov. 6, 2013

Richmond Fed Announces Winners of College Fed Challenge Preliminary Rounds

Richmond, Va.

Teams from James Madison University, American University and Elon University won preliminary rounds of the College Fed Challenge Competition held by the Federal Reserve Bank of Richmond. The teams will compete for the Fifth District championship on November 15.  

Richmond Office Winner
James Madison University, Harrisonburg, Va. 
John Sims, Brendan English, Michael McCullough, Bela Reeves, Schyler Bogert and alternate Kendra Christensen.
Coach: Professor Philip Heap

Baltimore Office Winner
American University, Washington, D.C.
Alex Adamczyk, Kevin Kurtz and Charles Bilyue  
Coach: Professor Evan Kraft

Charlotte Office Winner
Elon University, Elon, N.C.
Jeffrey Baldetti, Edward Cooley, Nathan Dean, Rebecca Stoddard, Stephanie Tizik and Adam Brantley Stone
Coaches: Professors Jennifer Platania and Vitality Strohush

Competition finalists included: Mary Washington University, McDaniel College, Mount St. Mary’s University, Roanoke College, University of North Carolina, University of North Carolina at Wilmington and University of Richmond.

Other participating colleges included: Appalachian State University, Charleston Southern University, Christopher Newport University, College of William and Mary, Guilford College, Johnson C. Smith University, Lenoir-Rhyne University, Liberty University, Loyola University, Lynchburg College, Notre Dame of Maryland University, University of Maryland Eastern Shore, Virginia Commonwealth University, Virginia Union University and Winston-Salem State University.

College Fed Challenge is an academic competition designed to deepen students’ understanding of the nation’s central bank. Students delivered 20-minute presentations on monetary policy and were scored on content, teamwork, responses to questions, presentation and style.

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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