NEW YORK CITY -- MCU has awarded $66,000 in scholarships to college-bound graduating high school seniors: eight memorial scholarship grants of $5,000 each and 13 grants of $2,000 each. The scholarships were presented to the recipients by MCU President/CEO Kam Wong and Board Chair Sylvia G. Ash at a special reception at MCU's headquarters on June 9.
The recipients of the memorial scholarships are: Jocelyn Dicent, Abrielle Moore, Nicholas Nazario, John Hayes, Michailah Marshall, Michael DePass, Peter Manos, and Meagan Murray.
"Our scholarship winners exemplify the admirable and distinguishing traits of drive, dedication to education, and commitment to their communities," said Board Chair Sylvia G. Ash. "I am very proud to be able recognize them for what they have accomplished so far. They will certainly go far in their endeavors, and I am pleased to know that our contribution to their education will help them to do so."
Scholarship winners were selected based on academic performance, extracurricular activities, community service and involvement, letters of recommendation, and an essay expressing personal goals. The scholarships are part of MCU's long-standing, larger corporate commitment to youth education across the greater New York City area.
"Education is the tool that propels individuals forward," said MCU President/CEO Kam Wong. "We are so pleased to recognize these exemplary students and award them with scholarships that will help them continue their education and achieve their goals. We congratulate everyone who received an MCU scholarship or grant."
2016 is Municipal Credit Union's Centennial Celebration year. Called the Credit Union of Employees Conference Committee when it first opened its doors on October 15, 1916 in Manhattan's Municipal Building, MCU has been growing strong ever since. Today, MCU serves more than 400,000 members. MCU is celebrating its 100th anniversary all during 2016 through various programs to give back to the communities it serves.
Municipal Credit Union (MCU) is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has assets of more than $2.4 billion and offers a full range of financial services to its more than 400,000 members. With branches in New York City, Westchester and Long Island, its members also have access to the credit union's large and growing ATM network. Eligibility to open accounts at MCU is available to New York City and Yonkers municipal employees; state and federal employees who work in the five boroughs; health care professionals who work in New York State; members of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; all students enrolled in a college, university, school, or institution in the City University of New York (CUNY) education system; certain family members, and qualifying retirees. MCU is an equal opportunity lender, and deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about Municipal Credit Union, visit
www.nymcu.org.
Photo Caption: MCU's Board of Directors and President/CEO recognize recipients of MCU's 2016 scholarships. Shown (from left to right): MCU 1st Vice Chair James Durrah, Director Beryl Major, scholarship winners Jocelyn Dicent, Meagan Murray, MCU President/CEO Kam Wong, scholarship winners John Hayes, Michailah Marshall, Abrielle Moore, and MCU Assistant Treasurer Mario Matos Jr.
