JOSEPH, Mich. United Federal Credit Union (UFCU) has awarded the third in a series of five annual business scholarships to students at Lake Michigan College (LMC). Mark Phillips of Benton Harbor, Michigan, is this years recipient. Mark will receive $1,000 to continue his education.
Phillips is majoring in business administration and has completed 71 credit hours. After obtaining his associates degree, the 30-year-old father of three plans to pursue a bachelors degree at Siena Heights University, and eventually earn a Masters of Business Administration. He says he is the first person in his family to pursue a college education.
"I felt a real sense of pride when I learned that I had been awarded the scholarship," said Phillips. "I am grateful that UFCU has confidence in me, and my goal to have the education I need to give my family a better way of life."
The scholarship funds are part of a $5,000 award UFCU received in 2013 after being designated Outstanding Credit Union of the Year by the Michigan Credit Union League (MCUL). UFCU elected to create a scholarship for business students at Lake Michigan College.
"We are committed to the success of Lake Michigan College and students like Mark Phillips," said UFCU President/CEO Gary Easterling. "Marks determination to give his family a better way of life is admirable. His education should lead to a path of success."
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United Federal Credit Union has served its Members since 1949 by helping them to build a sound financial future. UFCU consists of more than 130,000 Member/owners worldwide, and manages assets in excess of $1.83 billion. Its corporate offices and main branch are located in St. Joseph, Mich., with additional branches in Arkansas, Indiana, Michigan, North Carolina, Nevada, and Ohio.
