Investing in the future: Raiz FCU celebrates Giving Tuesday with $82,500 in scholarships and grants

EL PASO, TX (December 1, 2023) — On this year’s Giving Tuesday, November 28, 2023, Raiz Federal Credit Union commemorated the day by awarding a total of $82,500 in scholarships and grants to students, education professionals, and local non-profits. This annual scholarship opportunity began as a way for Raiz to honor its heritage rooted in education and remains empowering individuals today on their journey of paving new pathways forward.

Raiz awarded 19 recipients from various categories including, the Raiz Community Scholarship, Michael Sandoval Memorial Scholarship, Raiz Up Professional Development Grant, and the Together We Raiz Community Grant. The Raiz Up Professional Development Grant, which was introduced in July 2022, is a testament to Raiz’s dedication to educators in the Region 19 district. Max Villaronga, Raiz FCU’s President and CEO, expressed his gratitude, “May this grant fuel your personal growth, enabling you to shape the minds of tomorrow with even greater impact. A heartfelt thank you for your unwavering dedication to nurturing the leaders of the future.” Additionally, the Together We Raiz Community Grant was established to uplift local non-profit organizations. “We share this hand-up to continue the selfless services of non-profits that enrich the fabric of El Paso. Their commitment to empowering and serving our community resonates deeply, and we are honored to champion each cause.”, shared Mr. Villaronga.

Raiz would like to extend congratulations to all the scholarship and grant recipients of 2023 listed below for their dedication and remarkable achievements so far.

$1,000 Raiz Community Scholarship:

  • Chris Rojas
  • Ramon Bracamontes
  • Ruby Shivery
  • Alex Acquah
  • Brianna Ophord
  • Mia Pinon
  • Hector Dimakis
  • Armadeus Ramirez
  • Camryn Medina
  • Jacob Fang

$5,000 Raizing Leaders Scholarship (UTEP College of Education Students)

  • Elanor Morgun

$5,000 Michael Sandoval Memorial Scholarship

  • Hannah Tellez

$3,500 Raiz Up Professional Development Grant

  • Abigail Poitevint
  • Izabela McCage
  • Jerimiah Hunter Nelson
  • Nancy Ramirez
  • Patricia Montiel

$25,000 Together We Raiz Grant

  • Court Appointed Special Advocates (CASA)
  • Eagle’s Treasures in Heaven

If you’re interested in applying for the awards in 2024, we encourage you to become a member of Raiz today. All scholarship and grant opportunities are available only to qualifying members of Raiz and 501(c)(3) non-profit organizations. For more details about Raiz Federal Credit Union, please visit

About Raiz Federal Credit Union

At Raiz (pronounced as "rise"), our members and strong, vibrant community inspire us daily. We share a passion for knowledge and the pursuit of growth, grounded in our heritage as El Paso Area Teachers Federal Credit Union (TFCU). Today, we guide members from many professions to focus on their goals and help them get here. We're proud of our roots in El Paso (since 1936) as we envision a bold path forward, leading the way with passion. With over 73,000+ members strong and $1 Billion in assets, we provide a full range of high-quality financial services at the great rates and low costs you can expect from a first-class credit union. Join us and experience the difference that comes from working with people who care. The meaning behind our name: Spanish for root and pronounced as raíz (en Espa ñol) or rise (in English), our new identity grows from our heritage in the community. Grounded in the roots of our beginning with teachers, sharing a passion for knowledge and pursuit of growth. We inspire our members and employees to feel connected to our future potential together. We are rising and inviting people to move forward with us.


Ale Loeza | Marketing & PR Manager |
915-926-2698 |

More News