Last week, the Belize Credit Union League, an organization where 12 of Belize's 13 Credit Unions are members, celebrated International Credit Union Week.
As part of that celebration, the BCUL held an essay competition with the theme, the Credit Union Difference, and invited entries from high school students, where they had a chance to win as much as $1,000 in cash.
It's a great recruitment tool for young savers. Today, BCUL announced the winners, and 7News got a chance to speak with them.
Here's what they told us:
Clement Usher - President, Belize Credit Union League
"The essay competition actually goes way back. It was something that used to be done, but somehow along the way it stopped. And we decided that we would revive it this year. So Corine and Miguel took up the charge, and I think that they did an excellent job. It's a pity that we didn't get as much submissions as we would have liked, but what was important was the theme, which was "The Credit Union Difference and Members Matter Most."
Jason Catch - 1st Place, Corozal Community College
"I chose those because it was preferably the things that should be incorporated into the essay to make it a great essay."
Duane Moody -Channel 5 News
"If the Credit Union League decides that next year they're going to do it, are possible chances that you would submit once again?"
Jason Catch
"I don't think do because I would want others to have an opportunity to win and get the benefit"
Jessica Klassen - 2nd Place, Linda Vista School
"I wrote about the benefits, how our benefits the poor people, and how you get high returns from the credit unions."
Daniel Ortiz
"What are you going to do with the money? What class are you in? Are you going to use it for educational purposes?"
Jessica Klassen
"I don't think so. I want to put it in the credit union and save it first."
First place winner, Jason Catch, won $1,000; second place winner, Jessica Klassen won $500, and the third place winner, Brent Toombs of Sacred Heart College, won $250.
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