Bowater Employees Credit Union Awards $2,000 Scholarship to Local Student

Charles Lachlan Baker of Riceville, Tennessee, has been selected as this year’s recipient of Bowater Credit Union’s Annual $2,000 College Scholarship. In order to receive this scholarship, Charles competed against many other students who were evaluated based on grades, school activities, civic activities and an essay on the importance of credit unions in the lives of young adults.

Charles recently graduated from Walker Valley High School and has begun his time as an undergrad Aeronautical Engineering student at University of Alabama, Huntsville. “We are proud to have Lachlan representing Bowater Credit Union and his community,” said Kim Gunter, VP Marketing of Bowater Credit Union.

Charles submitted an insightful essay about the importance of credit unions in the lives of young adults, stating, “Credit unions are focused on helping people in the community by paying dividends to customers, making donations to local schools and businesses and not making a profit. When young people join a credit union, they become a member, not a customer, and this allows them to support their community as well.”

Bowater Credit Union is a federally insured credit union offering savings, checking, loans, and financial education to those who live, work, worship, or go to school in the counties of Bradley, McMinn, Meigs, Monroe, and Polk.  Bowater CU has four branches, over 18,000 members, and $150 million in assets.  To learn more about Bowater Credit Union and its services, call 423-336-7268 or visit www.bowaterecu.org.