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Bringing a Mes
16 RuralLeaderMag.com | November 2019 How do you identify future leaders? Is it GPA? Test scores? Another metric? There are all kinds of formulas to predict who among the nation’s youth will become our country’s leaders. But trying to decipher them can leave you lost in a sea of analytics.
Fortunately, there’s an easier way to discover those who will set the bar in the years ahead. It’s students and leaders who are applying a creative approach to help uplift their communities. These students are developing a unique set of skills that combine the power of sport, financial literacy and leadership development to help create a winning formula for the success of our future leaders.
In support of this innovative approach, MUFG, a global financial institution, has made a multi-year commitment to support Laureus, a global nonprofit organization that uses sport as a force for good. As part of its support, MUFG Union Bank foundation participated as a Bronze sponsor at this year’s Laureus Youth Leadership Summit, which took place in Los Angeles this past July 8-9. At the event, more than 200 youth and leaders from across the U.S. gathered to share insights about the best ways to design youth-serving programs. The findings discovered during this conference were then made available for attending youth to take back to their communities to help create positive change. The convergence of sport, financial literacy and youth leadership were highlights of the two-day Summit. MUFG, which is the parent company of Union Bank, had an opportunity to shine the spotlight on an initiative that sets them apart from many of their industry peers, student-run bank branches inside high schools.
Financial education and youth empowerment are part of the foundation’s Stewardship and Sustainability strategic initiatives, and therefore the Laureus Youth Summit was a perfect partnership for the MUFG Union Bank Foundation.
Real-world skills put into practice. In 2011 the Fresno Unified School District, in partnership with MUFG Union Bank, opened the doors to its very first student-run bank. The branch was inside McLane High School in Fresno, California - a region where poverty and dropout rates among high school students continue to be high. The branch was the first student-run bank of its kind west of the Mississippi River and since that initial creation, four more student-run branches have opened in high schools around Southern California, in predominantly low-to-moderate income communities. Each of these Bringing a Message of the Importance of Financial Education to Youth and Community Leaders