Michigan teen Sarah Moraw, representing Sparta-based ChoiceOne Bank, took third place in the American Bankers Association Foundation’s “Lights, Camera, Save!” national video contest.
Moraw’s video, “Rappin’ Your Way to Retirement,” includes her rapping about saving for retirement with an IRA. Moraw, a student of West Ottawa High School, will receive a $1,000 cash prize to fund her savings goal. An educator from Moraw’s school will be awarded a scholarship to Jump$tart’s National Educator Conference this fall in Atlanta.
ChoiceOne Bank was one of 89 banks that hosted local levels of competition and selected a winner to represent their bank and compete nationally. The program, in its 12th year, encourages youth ages 13 to 18 to communicate the importance of good money management in a video of 30 seconds or less.
“We are thrilled for Sarah and are excited to be a part of this major accomplishment,” said Kelly Potes, CEO of the $2.4 billion ChoiceOne Bank. “I hope students nationwide will check out Sarah’s video as it delivers important financial lessons in a format that is equal parts educational and entertaining. This was an incredible opportunity for teens to engage and educate each other on the value of saving money and creating healthy money habits.”
The national ABA winner won a $5,000 cash prize, while the runner-up received $3,000. By winning ChoiceOne’s local competition, Moraw won $350. ChoiceOne’s runner-up, Natalie Schneider of Newaygo, Mich., received $150. Christina Weeks, of Almont, Mich., received $50 by capturing third place.