Catholic Federal Credit Union Awards $100,000 in Scholarships
May 25, 2016
SAGINAW, MI (May 23, 2016) Catholic Federal Credit Union recently awarded $100,000 to 240 students with their Msgr. Forbes Scholarship Trust Fund.
The college scholarships are open to members of the credit union who meet the criteria based on financial need, community involvement, educational/occupational goals, grade point average and other requirements.
The scholarship program, which originated in 1982, was inspired to honor the legacy of the late Msgr. Eugene A. Forbes whose dedication and commitment to encouraging the pursuit of higher education, coupled with the credit unions philosophy of people helping people, continues to be an integral part of Catholic Federal Credit Union.
Since 1982, the Msgr. Forbes Scholarship Committee has awarded $1.8 million dollars and has given out over 3,800 scholarships to students who want to begin or continue their education.
Catholic Federal Credit Union is a full service financial institution offering loans, savings accounts and checking accounts. The credit union has locations in Bay City, Essexville, Saginaw and Vassar in Michigan.