Community State Bank Awards Scholarships to 15 Local High School Students

June 4th, 2018

Community State Bank (CSB) was pleased to award $7,500 in educational scholarships to a total of 15 graduating seniors. The local students attended Badger High School, Union Grove High School, Waterford Union High School, and Westosha Central High School. The scholarship recipients were an instrumental part in organizing and volunteering for CSB’s financial literacy program, known as MyLIFE.
my life webMyLIFE (My Local Interactive Financial Education) was developed by CSB as a comprehensive interactive financial literacy program for high school students designed to demonstrate the importance of sound money management skills.

Over 60 community businesses, 150 volunteers and the 15 scholarship recipients volunteered for this year’s program. The scholarship recipients also assisted with setup and preparing event day materials. “We’re extremely proud of these students’ accomplishments. In just this year alone approximately 1000 students were able to experience the program,” said CSB Market President, Neil Buchanan.

How does MyLIFE work? 

Earlier in the school year, each participating MyLIFE student had the opportunity to choose a career path that determined his or her starting salary for the event. Students were then randomly assigned a “life” – single, married or divorced, kids or not, a credit score, level of education, and student debt – all potential real-life situations. Once their “life” was assigned, students were directed to the gym, where high school staff, local business leaders, community and student volunteers helped guide them through essential life decisions.

The participating MyLIFE students were required to manage a complete monthly budget including: housing, insurance (health, life, auto, homeowner’s), groceries, transportation, gas and repairs for their cars, even health emergencies and other unexpected expenses.

Since the program was launched in 2013 over 5000 students and 6 local schools (Lake Geneva Badger High School, Shoreland Lutheran High School, Shepherds College, Union Grove High School, Waterford Union High School and Westosha Central High School) have been able to experience the program. CSB has also awarded a total of 39 educational scholarships to local high school students.

“It’s amazing to see the effect that MyLIFE has on local businesses, schools, communities and the people of Southeast Wisconsin,” said CSB President & CEO, Scott Huedepohl. “Thank you to all who continue to volunteer for the MyLIFE program. We are so grateful for your ongoing support.”

2018 MyLIFE Scholarship Recipients

Union Grove
High School
Waterford Union High School Westosha Central High School
High School
Jack Pettit
Jacey Staven
Kellen Cayemberg
Ian Donovan
Morgan Saltzmann
Callen Shaw
Alexander Boho
Keegan Northrop
Addison Borchert
Zachary Bell
Alexander Dawson
Yasmin Zamora
Jacquelyn Carper
Laura Walczynski
Taylor Garrels
Special Thanks to our MyLIFE Schools and Volunteers! 
MyLIFE Local Business Leaders
American Family Insurance
Advia Credit Union
Bear Realty
Clear Water Outdoor
David Insurance
Educators Credit Union
First Business Bank
Ford of Lake Geneva
Fox River State Bank
Fox Valley Veterinary Service
Frank Boucher Chevrolet
Gagliardi Law
Geneva Lake Family YMCA
Glass Insurance Center
Golden Flight Express LLC
Goodwill Industries
Grove Insurance Agency Inc.
Hartlage Insurance
Hibbard & Dammeir & Associates
HyPro Inc.
Integrity Funeral Service
Jasperson Realty
Jeff Braun Realty LLC
Johnsen Farm
Karweik Insurance Group
Keefe Real Estate
Knight Barry Title
Kunes Country Chevrolet Buick GMC of Elkhorn
Lake Geneva Chiropractic
Lauer Financial LLC
LMI Packaging
Martin Ford Sales

Martin’s Garage
National Guard
Next Door PubNORMCO Heating & Cooling, LLC
Peck & Weis Heating Cooling Plumbing & Electric
RE/MAX Premier Properties
River City Lanes
Rockwell Automation
Shepherds College
Shorewest Realty
Sierra Insurance Marketing
Sitzberger Hau & Company, S.C.
Skydive Midwest Skydiving Center
Skyline Landscape Design LLC
Spiegelhoff & Associates Insurance
State Farm Insurance
Stinebrink’s Piggly Wiggly
Sweet & Maier, S.C.
Today’s Child Learning Academy
Town of Waterford Police Department
Trottier Insurance Group
Union Grove Piggly Wiggly
Union House Marching Band Inc.
United Way
US Marine Corps
Village of Waterford
VISIT Lake Geneva
Waterford Area Chamber of Commerce
Waterford Area Kiwanis Club
Waterford Junction
WLKG Radio