Personal budget simulation for students7/30/2023 ![]() View its Year In Review to learn how PSECU contributes to the greater good. PSECU has been recognized as a Best-In-State Credit Union by Forbes. For more information about PSECU, visit. Today, PSECU continues that legacy as Pennsylvania’s largest credit union, with $8 billion in assets, more than 560,000 members, and a convenient anytime, anywhere digital-first banking model. Opened in 1934, PSECU was founded by 22 ordinary people who pooled $90 and made an extraordinary commitment to each other: To create a financial institution where collective resources benefit all members. When registering for the Bloomsburg University Financial Reality Fair, each student will also be provided with a giveaway toolkit of resources and financial education materials to help them as they continue working toward financial success. “Following credit unions’ ‘people helping people’ philosophy, we at PSECU are proud to have the opportunity to sponsor the Financial Reality Fair and help impart that education to Pennsylvania’s students.” ![]() “For students to realize their full potential after graduation, it is important that they have a solid understanding of the financial environment they’ll be entering, and that’s just what a Financial Reality Fair provides,” said Mike Verotsky, Director of University Development for PSECU. The survey results were overwhelmingly positive with each question receiving an average score of at least 4.6 out of a maximum score of 5. They were asked questions about skills they acquired, thoroughness and clarity of information provided, and likelihood of event recommendation to peers. Of the participants, 333 students submitted completed surveys about their experience. Last year, PSECU hosted Financial Reality Fairs at Millersville University, Susquehanna University, and HACC’s Harrisburg Campus. “We are always happy to partner with PSECU in programming that helps students become more fiscally aware and responsible money managers, both while enrolled at BU and after graduation,” said James McCormack, Assistant Vice President for Student Affairs at Bloomsburg University. To end the activity with a balanced budget, students are encouraged to revisit each booth as many times as needed. Students then visit a series of booths to learn about and make choices pertaining to living expenses, from entertainment to insurance. Students receive a budgeting worksheet with salary information based on intended career and level of education. With the help of volunteers from PSECU and Bloomsburg University, the Financial Reality Fair is designed to be a highly interactive experience for student participants. “Since opening our Financial Education Center at Bloomsburg University in 2002, we’ve found the university to be an excellent partner in offering this type of high quality, useful financial education and skill-building opportunity to students.” Staying within the given parameters, their goal is to end the exercise with a balanced budget, or better, have money to spare,” said Greg Smith. They then progress through a series of booths where they make choices about things like housing, transportation, entertainment, etc. “During a Financial Reality Fair, students are assigned a budget and credit score. Sponsored by the state’s largest credit union, PSECU, the free financial education event will be held in the first-floor atrium of the university’s McCormick Center for Human Services from 11 a.m. HARRISBURG, PA (November 9, 2018) - On November 14, Bloomsburg University students will participate in a hands-on financial management and personal budgeting Financial Reality Fair. ![]() PSECU-sponsored Financial Reality Fair to offer Bloomsburg University students financial management and personal budgeting simulation
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