Press Releases

Fifth District College Fed Champions 2017 VCU

Nov. 10, 2017

Virginia Commonwealth University Wins District College Fed Challenge

Richmond, Va.

Students from Virginia Commonwealth University (VCU) won the district title in the Federal Reserve Bank of Richmond’s College Fed Challenge competition. The winning team included students Sarah Khouri, Pierre Gardan, Sam Herrick, Enrique Figueroa, Hunter Ford, and Patrick Duckworth (Alternate). The team was coached by Professor Oleg Korenok.

VCU, located in Richmond, Virginia, competed in the district finals against teams from the University of North Carolina, Chapel Hill, North Carolina, and Loyola University Maryland, Baltimore. By winning the district title, VCU advances to the national competition to be held December 1 at the Federal Reserve Board of Governors in Washington, D.C.

Preliminary rounds of the competition were hosted by participating schools within the region served by the Richmond Fed.

College Fed Challenge is an academic competition designed to deepen students’ understanding of the nation’s central bank. Students delivered presentations on monetary policy and fielded questions from judges during a Q&A session. Teams were scored on content and analysis, responses to questions, teamwork, presentation and style.

View photo of Virginia Commonwealth University
Back row – Left to right – Pierre Gardan, Hunter Ford, Sam Herrick, Oleg Korenok (Coach)
Front row – Left to Right – Patrick Duckworth, Sarah Khouri and Enrique Figueroa

View photo of University of North Carolina at Chapel-Hill
Left to right – Hop Mathews, Lucas McCallen, Zach Saunders, Tyler Gwinn and Ziyu Liao

View photo of Loyola University Maryland
Back row – Left to right – Professor John Burger, Aaron Davis and Connor MacNeill
Front row – Left to right – Jessica Potter, Liam Marmo and Emily Pisano


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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