CUs commence to honor grads with thousands in scholarships

June 10, 2015

MADISON, Wis. (6/10/15)--Credit unions nationwide are supporting the higher education goals of students in their communities with thousands of dollars in scholarships.

Some funds are awarded to high school students who will have a diploma and a scholarship in hand as they cross the stage.


Click image to enlarge. Navigant CU, Smithfield, R.I., awarded $100,000 in scholarships as part of its "Next 100" campaign. (Navigant CU Photo)

Other scholarships financially support learning efforts by all ages in all educational arenas.

Just a few of the awards given by credit unions and state credit union leagues, totaling nearly $300,000, are listed below:

  • Rhode Island Lt. Gov. Daniel McKee was on hand for the distribution of 100 scholarships worth $1,000 each by Navigant CU, Smithfield, R.I. The credit union celebrated its 100th anniversary earlier this year, and the scholarship program is part of its “Next 100” campaign.
  • In its 22nd year of giving, NW Plus CU, Everett, Wash., distributed $8,000 in scholarships to seven members--regardless of age or need--in their pursuit of higher education.
  • Ascentra CU, Bettendorf, Iowa, awarded five $1,000 scholarships to high school students and five $1,000 scholarships to continuing education students.
  • This year, the Premier Scholarship program from Premier Members CU, Boulder, Colo., expanded to nine students from seven for a total of $20,000 in academic funding.
  • Two high school students and two college students received $500 each and $1,000 each, respectively, from Jeanne D'Arc CU’s MoneyStrong scholarship. The Lowell, Mass., credit union also awarded $4,500 to employees for their higher education.
  • Two students earned $1,000 each from Meridian Trust FCU, Cheyenne, Wyo., for their video essays on the value of education.
  • The Hampton Roads Chapter of the Virginia League of Credit Unions awarded four Garland K. Keeling Memorial Scholarships worth a total of $4,500 (CURRENT June 3).
  • The Shenango Valley Chapter of the Pennsylvania Credit Union Association awarded scholarships worth a total of $10,000 to 20 member students from 10 area credit unions (Life is a Highway May 26).
  • Out of more than 400 applicants, American Airlines FCU, Fort Worth, Texas, distributed a total of 11 scholarships. Seven high school students and four college students each received $5,000 scholarships.
  • Langley FCU, Newport News, Va., presented $5,000 scholarships in honor of Jean M. Yokum to four members of the credit union’s Constellation Club (CURRENT June 3).
  • The New Jersey Credit Union League’s Youth Involvement Board selected a total of nine students from the league’s four chapters to receive $1,000 each. Scholarships went to students intending to study at a four-year college or university as well as community college or vocational/technical schools (The Daily Exchange June 1).
  • Lebanon (Pa.) FCU awarded $1,000 to one graduating senior from each of the eight high schools in Lebanon County (Life is a Highway June 9).
  • A high school graduate, current college student and doctoral candidate each received $2,000 from Coors CU, Golden, Colo., for their commitment to community service.
  • Piedmont Advantage CU, Winston-Salem, N.C., announced the five winners of its new Members Come First Scholarship, a $1,000 academic scholarship awarded to college-bound high school seniors (In the Loop June 4).
  • Four high school students received $1,000 each from USSCO Johnstown (Pa.) FCU. (Life is a Highway May 28).
  • The Kansas Credit Union Association announced three Kansas students received a total of $4,500 in YES college scholarships, which are awarded annually to children and grandchildren of credit union staff and volunteers.
  • Coventry (R.I.) CU bestowed $1,500 each to four high school seniors (Daily CU Scan May 26).
  • Three high school seniors received $1,000 scholarships each from Greater Abbeville (S.C.) FCU.