News & Press: Minnesota Credit Union Foundation News

Minnesota Credit Union Foundation Partners with Girls Scouts for Mad City Money Simulation

Thursday, June 8, 2017  
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SAINT PAUL, Minn. (June 7, 2017) -  Recently, The Minnesota Credit Union Foundation and the Girl Scouts of the River Valley teamed up to provide Girl Scouts from throughout the metro area a chance to participate in Mad City Money, a financial literacy simulation similar to real-life.

Over 70 girl scouts in grades 6 through 11, from all over Minnesota and Western Wisconsin, participated in the event, which was put on by the Minnesota Credit Union Foundation and 30 female credit union volunteers representing 13 credit unions and the Minnesota Credit Union Network. The event was held at the Andover Community Center on Saturday, May 20.

During this action packed, real life simulation, participants practiced budgeting as an adult with realistic circumstances like student loan debt, credit card debt, and the cost of medical insurance. The girls built a monthly budget based on their assigned incomes and family situations. They visited merchants in Mad City to purchase housing, transportation, food, day care and other needs, and visited the “Wheel of Fate” to face the unknown and unexpected windfalls and expenses that adult life brings.

With guidance from the experts from Minnesota’s Credit Unions, the girls experienced making decisions that helped or hindered their success, and worked towards earning a Budgeting, Financing My Future, or On My Own badge.

The girls were surveyed following the simulation, and some of the comments about what they liked and learned included:

  • STEM is important and necessary to learn
  • I learned how to manage money using math
  • Spend money on your needs first then your wants
  • I learned about earning money and how to make decisions with that money
  • Math is fun
  • It’s hard to be a grownup and control your money 
  • I learned women can be in charge of loans
  • Money does not go as far as it seems
  • Credit Unions help teach girls about the economy

“It’s really important for our young women to see and interact with women professionals to learn about what their future could be like,” said Brenda Danner, Program Coordinator for Girl Scouts River Valleys. “What’s more, the credit union approach to financial education - being prepared for the unexpected and giving back to others when you have enough – also fits perfectly with what Girl Scouts is all about!” 

As not-for-profit financial institutions, credit unions are focused on empowering individuals, families, and communities through financial education. MnCUF provides grants, community partnerships, professional development and disaster relief to help the state's credit unions and communities prosper and thrive.


Volunteers represented the following credit unions/organizations:


  • Affinity Plus Federal Credit Union
  • City & County Credit Union
  • Embarrass Vermillion Federal Credit Union
  • Firefly Credit Union
  • HBI Employees Credit Union
  • Hermantown Federal Credit Union
  • Hiway Federal Credit Union
  • Minnesota Credit Union Network
  • Minnesota Credit Union Foundation
  • Royal Credit Union
  • SharePoint Credit Union
  • South Metro Federal Credit Union
  • Topline Federal Credit Union
  • United Educators Credit Union

Focused on financial education and professional development initiatives, the Minnesota Credit Union Foundation is dedicated to providing the resources for credit unions and communities to prosper and thrive. MnCUF is a non-profit 501(c)(3) organization founded in 1969 that serves as a charitable arm of the Minnesota credit union movement. For more information, visit

Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034