C&N Sponsored Wellsboro High School Team Takes State Championship In Stock Market GamePosted Thursday, 05 December 2013 01:59 | Filed under C&N News
Todd Coolidge, left, C&N Wellsboro branch manager, congratulates Wellsboro High School Economics and Government Teacher
Benjamin Miller and his team for winning the state championship in the Stock Market Game competition. Team members are, from left,
Samuel Mitchell, Christopher Hume and Colby Davis. Also congratulating the team is Mike Pietropola, right, high school assistant principal.
WELLSBORO, PA - A three-member team from Wellsboro High School has won the state championship by leading all divisions in the late spring Stock Market Game competition, an award-winning educational program offered by EconomicsPennsylvania. The team was sponsored by Citizens & Northern Bank.
Team members are Samuel Mitchell, Christopher Hume and Colby Davis, all juniors at the high school. Their teacher and advisor is Benjamin Miller, high school economics and government teacher. To win the state title, the local team competed with nearly 1,500 other teams and more than 4,500 other students.
The Stock Market Game, a regional and statewide competition, is open to teachers and students in grades 4-12. The game is a 10-week simulation that offers players the opportunity to invest a hypothetical $100,000 in stock chosen from the American, New York and NASDAQ markets. The activity is designed to increase the students’ understanding of the economy, markets, corporations, long term investment options and more. The winning Wellsboro team finished the game with a 20.5044% return above the S&P 500 growth rate accumulating total equity of $124,560.82.
C&N has sponsored teams for the past two years. “We are so pleased to recognize this very impressive team and their teacher for their commitment to this program,” said Todd Coolidge, Wellsboro branch manager. “Winning the state championship was certainly no small feat. C&N’s sponsorship is in keeping with our commitment to promote financial literacy among our local students.”
Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Cameron, Potter, McKean, Tioga, Bradford, Sullivan and Lycoming counties in Pennsylvania and in Canisteo and Hornell, NY in Steuben County. C&N can be found on the worldwide web at www.cnbankpa.com. The Company’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.