Eagle Community Credit Union awards $16,000 in scholarships
Eagle Community Credit Union in Lake Forest, CA recently awarded scholarships to four local students.
ORANGE COUNTY, CA (August 18, 2017) — The credit union gave each recipient $4,000 to help with college expenses. The recipients are Jacob Christensen, who is planning on attending Princeton; Javier Sanchez, who attends California State University, Fullerton; Dominic Johnson, who plans to go to San Francisco State University; and Justin Chang, who plans to attend the University of Southern California.
The annual scholarship program has been offered by the credit union for the past 30 years. This year, it was increased to four winners at $4,000 apiece. Recipients must be members of the credit unions and have to be students, but there is no age limit. Each has to submit transcripts, and essay, and a list of extracurricular activities. This year’s essay was on “we can make credit unions more attractive to youth.”
Javier Sanchez, in his essay, provided some ideas on what types of outreach to youth credit unions could do: “To reach younger people, credit unions need to make massive strides in educating those who are inexperienced with their finances, and in advertising what a credit union is. Representatives could go to high schools, universities, and pour more into social media and Internet-based mediums to reach out to people who are just making the adjustment to adult life. Credit unions need to put more focus on technological resources and marketing. People of my age group enjoy easily accessible applications that can smoothly streamline their financial lives. If credit unions could find a way to improve in these areas, they would be successful in appealing to a younger base.”
In his essay, Dominic Johnson spoke of the feeling of community he received from Eagle Community after a personal time of crisis, and that is a powerful message of the credit union difference to convey to young people: “The message is simple—Here you get a family, there you get a number.”
The 2017 Eagle Community Credit Union Scholarship recipients
About Eagle Community Credit Union
Founded in 1937, Eagle Community Credit Union is a member-owned, not-for-profit financial cooperative with six branch locations in Orange County, CA. Anyone who lives, works, worships, or goes to school in Orange County can become a member. Eagle is committed to helping members improve their financial well-being through quality products, service excellence and Member satisfaction. For more information please visit www.eaglecu.org.