Jax Federal Credit Union awards $1,000 scholarship to Blake Lancaster

Scholarship will support Lancaster’s studies at the University of Central Florida

JACKSONVILLE, FL (August 30, 2018) — Jax Federal Credit Union celebrates Blake Lancaster as its 2018 scholarship recipient. Lancaster, a 2016 graduate of Paxon School for Advanced Studies, is a junior at the University of Central Florida. The $1,000 scholarship will support his continued work toward earning a degree in biology.

Jax Federal Credit Union received more than 40 applications for this year’s scholarship contest. Applicants had to submit an entry form along with a 500-word blog post, including their best financial tip. Blake’s post stood out to the Jax Federal Credit Union team because of his tip:

“There is perhaps no financial tool I use more than the humble budget. In the general sense, it helps prevent oneself from overspending in certain predetermined areas, but budgeting is also a lesson in maintaining a balanced mindset when it comes to money. I didn’t really think about how I handled my money until I started relying on my own source of income. I learned that it’s important to avoid spending too liberally but I should also allow myself to enjoy the fruits of my labor from time to time.”

“Choosing a winner is a tedious task, because we’re always so impressed by each and every applicant,” said Gerri Sexsion, president and CEO of Jax Federal Credit Union. “We are so proud to have Blake as a member, and we congratulate him on his dedication to his studies at UCF and to his finances.”

All Jax Federal Credit Union members who are in good standing and enrolled in a degree program at an accredited technical program, college or university are eligible to apply for the credit union’s annual scholarship contest.

Blake Lancaster

About Jax Federal Credit Union

Established in 1935, Jax Federal Credit Union serves over 39,000 members across Duval, Clay, St. Johns, Baker and Nassau Counties. Jax Federal Credit Union helps its members meet their financial needs through eight branch locations; a robust mobile and internet banking platform; and access to over 6,800 Shared Branching locations and nearly 30,000 surcharge-free ATMs nationwide. For more information, visit


Media Contact:
Nan Kavanaugh

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