Credit Union Awards Scholarships to Students
May 7, 2014
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1st Financial Federal Credit Union awards two scholarships annually to high school and college students with the purpose of stimulating financial literacy, promoting the advantage of banking with a credit union, and encouraging the community to shape their future through higher education.�
1st Financial has been presenting the $1000 Horizon Scholarship since 1996 to one graduating high school senior with a record of community service, emphasis on extra-curricular activities and proven focus on education.�
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Lauren Christensen of Francis Howell High School was chosen to be awarded the 2014 1st Financial Horizon Scholarship.� "Im honored to have been chosen as the recipient of the Horizon Scholarship," said the future Marketing Major at the University of Houston.� Lauren continued by saying, "it will help a great deal in paying for my education at the University."
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In addition to her academic history and community involvement, Lauren was chosen because of her essay on why credit unions are the better choice for consumers.� In her essay, Lauren wrote "credit unions charge lower fees and offer services to educate their members on how to reduce fees and manage their money.� Seminars on financing cars, homes, college education as well as dealing with major changes in life that affect the member are offered throughout the year to assist the member with these major money decisions.� The goal of the credit union is to assist its members in financial decisions, not to cost them more money and make a profit."
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The $1000 Right Stuff Scholarship is awarded to a member between the ages of 19 and 24 who is currently enrolled in a college or university.� Melanie Moore, a former Horizon Scholarship winner who is currently attending Missouri University of Science and Technology studying Ceramic Engineering, was awarded this years Right Stuff award because of her continuous involvement within the community, her academic record, and her essay on the impact between credit unions and the United States economy.� Melanie was unable to attend the Annual Meeting.
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For more information on 1st Financial Federal Credit Union and the credit union difference, please visitwww.TheBetterWayToBank.org�or call (636) 916-8300.
About 1st Financial Federal Credit Union
Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.
1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.
Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today.