American Heritage Credit Union awards 30 high school senior members with annual Cecilia B. Grady Scholarship for the 2023 program

PHILADELPHIA, PA (May 22, 2023) — American Heritage Credit Union (American Heritage) awarded 30 high school senior members with a $1,000 scholarship to ease the financial burden of higher education expenses. American Heritage Credit Union’s Scholarship Committee selected the 2023 scholarship recipients based on their scholarly merits, community and school involvement, a letter of recommendation, credit union eligibility, and a submitted essay describing a time applicants faced a challenge or setback and how they were able to learn from the experience.

This year, American Heritage invited the scholarship recipients to its Scholarship Banquet at American Heritage’s Main Campus to celebrate these deserving students and their achievements.

The Scholarship Program honors American Heritage’s Chairperson Emerita, Cecilia B. Grady, who served on American Heritage’s Board of Directors for over 40 years. American Heritage’s annual scholarship program represents her dedication to financial literacy, education, and community outreach.

“We’re proud to offer our scholarship program to our members to help alleviate some of the financial burden that higher education creates,” states Bruce K. Foulke, American Heritage’s President & CEO. “Our future community leaders are coming out of school with more debt and expenses than any generation before them. The scholarship these students receive from our program can be used however they see fit to support their educational goals and career aspirations. Congratulations to this year’s recipients of the Cecilia B. Grady Scholarship Program and we wish you luck in your future endeavors!”

American Heritage President/CEO Bruce Foulke (Back left), along with the recipients of the 2023 Cecilia B. Grady Scholarship Program.

About American Heritage Credit Union

American Heritage Credit Union is a member-owned financial cooperative with more than $4.6 billion in assets serving more than 800 Workplace Partners and more than 300,000 members, with more than 35 locations across Philadelphia, Bucks, Montgomery, Delaware, and Camden Counties. Founded in 1948, American Heritage Credit Union is now one of the top 75 largest credit unions in the United States and named Pennsylvania’s 2023 Best-in-State Credit Union by Forbes. For more information about American Heritage Credit Union please visit


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