Sixth-Grader Is Millionaire For ADay

Register now

LENEXA, Kan. - (05/27/05) -- The wealth was oh-so-brief, but12-year-old Tyler Kesterson enjoyed his status as a millionaire,nevertheless. The sixth-grader's name was chosen out of 1,300entries in the Credit Union of Johnson County's 'Millionaire For aDay' contest, part of the credit union's annual youth savingsprogram. The day-long largesse earned the pre-teen a $100 check.The credit union figured that was 24-hours worth of interest on a$1 million certificate at the two-year rate of 3%--equaling $92,but rounded off to $100. The day-long notoriety also came with freelunch and a limousine ride back to school, where about 60 of hisclassmates greeted him at curbside.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER