New York Fed-sponsored contest calls for entries promoting "savvy" credit use.

Brooklyn College Students Take First Place in Video Festival

March 20, 2014

Film festival winners with New York Federal Reserve President William C. Dudley, second from right, on a March 7 campus visit, and Brooklyn College President Karen L. Gould.

Film students Rasa Partin, Ben Remetz and Andrew Roder beat out 10 other finalists to win top prize in the Federal Reserve Bank of New York's 2013/2014 Savvy Credit Video Festival with their entry "Elevate Your Credit."

Chosen by a panel of industry professionals, the first-place video shows the pitfalls of irresponsible credit use versus the advantages of building a strong credit score. Along with career advice from a leading entertainment professional, the winners received a total of $3,000 from the New York Bankers Association, the festival's sponsor. "Elevate Your Credit" will also be shown at several movie theaters throughout New York City.

The New York Fed's Regional & Community Outreach team started the festival in 2009 to help strengthen financial literacy among young adults. College students are asked to create a 30-second video encouraging smart credit use. The New York Fed sponsors two festivals annually: one for the tri-state area of New York, New Jersey and Connecticut, and another in Puerto Rico. More than 30 videos from 18 different colleges and universities were submitted this year.

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