Funding the future: Credit unions in the community
Published May 20, 2019 4:15 PM
|
Updated June 1, 2021 1:30 PM
1 Min Read
al paul
Financial Jeopardy
TruMark Financial Credit Union hosted its 12th annual Financial Jeopardy competition at its main Fort Washington, Pa.-based branch. The CU awarded three scholarships to students who excelled in the challenge that covered personal finance.
Renewable scholarships
Desert Financial Credit Union celebrated 15 years of its community service scholarship by awarding almost $50,000 to high school seniors. The Phoenix, Ariz.-based CU held a dinner to honor the recipients while also informing the seniors that the scholarships were renewable so long that a community service requirement was met.
It's your money
RTN Federal Credit Union of Waltham, Mass., sponsored Your Money and Your Future, a youth financial education seminar at two community chapters of the Boys & Girls club. Thirty-one kids between the ages of 10 to 17 attended.
STEM time
San Jose, Calif.-based First Tech Federal Credit Union approved over $1.1 million worth of grants to over 60 nonprofits across California, Oregon and Washington. The recipients assist children in underserved communities and develop youth education with a focus on science, technology, education and mathematics.
Dose of reality
Over 1,800 Montana students received a dose of reality thanks to 19 Montana credit unions who hosted 13 financial reality fairs over the past three months.
Joining forces
Lawrence, Mass.-based Merrimack Valley Credit Union joined forces with Bridgewater Credit Union to donate $10,000 and 3,905 pairs of shoes to local shelters.
Cynthia Colon
Receiving recognition
Mastercard awarded GTE Financial Credit Union the 2019 Community Institutions Doing Well by Doing Good award for the CU's efforts in its community. The Tampa, Fla.-based CU donated over $610,000 and contributed 4,400 volunteer hours to charities within the area.
Roll of Excellence
Services Center Federal Credit Union of Yankton, S.D., awarded $15,000 to local high school seniors through its Roll of Excellence Scholarship program.
Honoring heroes
Chalfont, Pa.-based Merck Sharp & Dohme Federal Credit Union announced their new prisoners of war and missing in action National Chair of Honor.
Giving grants
The SECU Foundation of Raleigh N.C.-based State Employees' Credit Union pledged $60,000 in support of ReCONNECT NC, a program developed at NC State University. The grant will help cover expenses related to operational and programmatic support.
