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CU System
N.J. CUs Take Financial Reality Fairs to Finance Academy
ELIZABETH, N.J. (6/12/13)--New Jersey credit unions Friday took the Financial Reality Fairs program to the Halsey Academy of Finance in Elizabeth, N.J., a branch of the Admiral William F. Halsey Jr. Leadership Academy that provides business leadership students with coursework, activities and real-world experiences.

The New Jersey Credit Union League noted that the Financial Reality Fair fit right into Halsey's business leadership curriculum (The Daily Exchange June 10).

Roughly 160 students of all of grade levels completed the fair, which was supported by about 20 volunteers and sponsored by Entertainment Industries FCU--based in Elizabeth, N.J. and New York City--during the course of the full school day.

Students tested their personal finance and budgeting skills, buying cars and furniture, renting apartments, and making a few extravagant purchases along the way. Each student then sat down with a financial counselor to review their experiences. Roughly 75% of the students were within their budgets at the end of the fair, reported the financial counselors.

The fair received coverage from NJToday.net, which featured a story on Friday that explained the program and the students' experiences. The story also highlights Entertainment Industries FCU President/CEO John Gibardi, who whose credit union sponsored the fair. Use the link.

This was the final Reality Fair of this school year. Plans are in the works for the 2013-2014 school year.
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