Island Federal Credit Union awards $50,000 in scholarships to local high school seniors

HAUPPAUGE, NY (June 30, 2016) — This month, Island Federal Credit Union presented college scholarships totaling $50,000 to 11 Class of 2016 graduates of Long Island high schools.

The Island Federal Credit Union Scholarship Program aims to help meet rising college costs and ease the burden on Long Island families.

Island Federal President/CEO Bret W. Sears said the scholarships serve a vital role, and reflect the credit union’s commitment to Long Island families who aspire to everything from buying their first car to owning a home to getting a solid college education.

“We are proud to announce that once again Island awarded $50,000 in scholarships to local high school seniors. We are hoping the scholarships will help make the transition to college easier and help students achieve their educational and personal goals,” said John McGregor, VP-CLO, who awarded the scholarships at a ceremony at Island’s Hauppauge main office.

Since 1992, Island Federal Credit Union has awarded 283 scholarships totaling $490,000 to help fill the gap between college costs and what families can afford.

The list of 2016 award recipients is as follows:

$10,000 WINNERS:

BRANDON HORNEDO of Farmingdale, New York, Farmingdale High School, Attending Farmingdale State University or Hunter College

DANIEL PELIS of Lake Grove, New York, Sachem North High School, Attending Stevens Institute of Technology

TYLER WHITE of Holtsville, New York, St. John the Baptist High School, Attending Hofstra University

$2,500 WINNERS:

CAITLIN ALBARELLA of Lindenhurst, New York, Lindenhurst High School, attending Molloy College

NATALIE DISTLER of Amityville, New York, St. John the Baptist High School, attending Binghamton University

NICOLE GERMAINE of Holbrook, New York, Sachem North High School, attending Hartwick University

THOMAS HERMAN of Seaford, New York, Seaford High School, attending Bloomsburg University

RENEE HOELER of Hauppauge, New York, Hauppauge High School, attending Binghamton University

LIZABETH-ANNE NIEMCZYK of Hicksville, New York, Hicksville High School, attending Sacred Heart University or SUNY Cortland

JESSICA WAGNER of Levittown, New York, Division Avenue High School, attending Sacred Heart University

SEAN WATSON of Wantagh, New York, Chaminade High School, attending Stony Brook University

The winners of the Island FCU Scholarships are chosen through a random drawing. The Scholarship program is open to high school seniors accepted into a full-time undergraduate program at the time the entry is submitted and who open an Island account.

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About Island Federal Credit Union

Island Federal Credit Union, headquartered in Hauppauge, NY, is a not-for-profit, full- service financial institution, providing affordable banking products and services to Long Islanders. Founded in 1955, Island has grown to be among the top performing credit unions in New York State with over $1.3 billion in assets, serving more than 38,000 members. Island’s successful track record can be attributed to consistently delivering the best rates, no hidden fees, and exceptional service to its members. When banking at Island, members have access to a complete menu of loan and deposit products, including: Simply Free Checking accounts, Certificate accounts, IRAs, Auto, Mortgage, Home Equity loans and lines, a Best Rate and a Best Rewards Mastercard® and Student Choice College loans. For anytime access, Island offers free 24/7/365 customer service, online banking, bill payer, and mobile banking services. For more information about Island, stop by any branch, visit their website,, or call (631) 851-1100.


Ron Gold
Marketing Works PR

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