Cooperative Credit Union Association Members Award Nearly $160K in Scholarships

CCUA Member Credit Unions Award Nearly $160K in Spring Scholarships Credit unions have a longstanding commitment to educating the best and the brightest minds in their communities for future success. Evidence of this promise comes in the form of the many academic scholarships they confer each year. From April to June 2016, 28 Cooperative Credit Union Association (CCUA) member credit unions as well as Massachusetts chapters awarded an impressive $159,850 in college scholarships. The breakdown is as follows: Align Credit Union, Lowell, Mass. - $13,000 Arrha Credit Union, Springfield, Mass. - $6,000 Blackstone River Federal credit Union, Woonsocket, R.I. - $500 Direct Federal Credit Union, Needham, Mass. - $6,000 GFA Federal Credit Union, Gardner, Mass. - $2,000 Greenwood Credit Union, Warwick, R.I. - $500 Greylock Federal Credit Union, Pittsfield, Mass. - $6,500 Hanscom Federal Credit Union, Bedford, Mass. - $10,500 Jeanne D'Arc Credit Union, Lowell, Mass. - $10,000 Holy Rosary Credit Union, Rochester, N.H. - $8,750 Homefield Credit Union, North Grafton, Mass. - $3,500 IC Federal Credit Union, Leominster, Mass. - $5,000 Luso American Credit Union, Peabody, Mass. - $8,000 Mass Bay Credit Union, South Boston, Mass. - $3,200 MassMutual Federal Credit Union, Springfield, Mass. - $12,000 Members First Credit Union, Manchester, N.H. - $7,500 Naveo Credit Union, Somerville, Mass. - $4,000 Navigant Credit Union, Central Falls, R.I. - $15,500 Pawtucket Credit Union, Pawtucket, R.I. - $500 People's Credit Union, Middletown, R.I. - $500 Pioneer Valley Federal Credit Union, Springfield, Mass. - $4,000 Quincy Credit Union, Quincy, Mass. - $4,000 Rhode Island Credit Union, Providence, R.I. - $500 Southern Mass Credit Union, Fairhaven, Mass. - $5,000 St. Mary's Bank Credit Union, Manchester, N.H. - $2,400 Wave Federal Credit Union, Warwick, R.I. - $500 Westerly Community Credit Union, Westerly, R.I. - $4,500 Workers Credit Union, Fitchburg, Mass. - $3,000 Chapters (Mass.) Berkshire County Chapter - $1,500 Central Massachusetts Chapter - $5,000 Metro-Boston Chapter - $1,500 Pioneer Valley Chapter - $1,500 Southern Massachusetts Chapter - $1,500 Tri-County North Chapter - $1,500 "Education is a fundamental principle of cooperatives," said CCUA President Paul Gentile. "Our credit unions understand the power of education and the positive lasting effects it can have on a young person's life. Their foresight and generosity are to be commended."