Veridian CU Awards $14,000 in Expanded Scholarship Program

WATERLOO, Iowa (June 8, 2022): Veridian Credit Union has awarded $14,000 in scholarships to seven students for the 2022-2023 academic year in the first award cycle since increasing funding and expanding eligibility for its scholarship program. Two scholarships for $2,000 are now awarded to Veridian members in each of three categories, including incoming freshmen, undergraduates and technical/trade students. An additional $2,000 is available in conjunction with the credit union’s ArtShare program for members enrolling in an educational program that leads to a career in the arts.

The credit union updated its scholarship program last year to increase the number of recipients from four students to seven, and added a category for technical and trade students. The change increased overall scholarship funding from $8,000 to $14,000 annually.

“We adjusted our scholarships to not only increase overall funding, but to add a category for students who will pursue training in a technical or trade program,” said Julie Gage, Veridian’s public relations strategist and scholarship coordinator. “These changes better align our scholarships with the diverse needs of local students, and we happy to support our recipients on their chosen career paths.”

Applicants in all categories completed an online form and submitted a 500-word essay. A panel of Veridian employees reviewed the applications and selected the following recipients:

Incoming Freshman

• Jenna Maifeld of Cedar Rapids, Iowa attending the University of Iowa

• Josiah Davenport of Ankeny, Iowa attending Cedarville University

Undergraduate

• Carolyne Waldron of Johnston, Iowa attending Iowa State University

• Madison Van Vors of Center Point, Iowa attending Central College

Technical/Trade

• Anthony Carrara of Chicago, Illinois attending Associated Builders & Contractors

• Ashley Johnson of Waterloo, Iowa attending Mercy/St. Luke's School of Radiology Technology

ArtShare

• Ella DeHaan of Ankeny, Iowa attending the University of Northern Iowa

Veridian member and Ames resident Kaleb Stevens also received a $2,000 from the Iowa Credit Union Foundation’s 2022 Warren A. Morrow Memorial Scholarship toward fall enrollment at Iowa State University. Details about Veridian scholarships, including the next funding cycle, are available at veridiancu.org/scholarships.

Veridian Credit Union, founded in 1934 in Waterloo, Iowa, is a not-for-profit financial cooperative owned by its members. The credit union offers a full range of business and consumer financial services and employs more than 900 people throughout 29 branches in Iowa and eastern Nebraska. For more information, visit veridiancu.org or call (800) 235-3228.