Teachers Federal Credit Union announces 2020 scholarship winners

HAUPPAUGE, NY (July 6, 2020)Teachers Federal Credit Union (Teachers), one of the largest credit unions in the United States with $7.8 billion in assets and more than 340,000 members, has awarded$50,000 in scholarships to 15 graduating high school seniors from the Long Island region.

Scholarships were presented on June 22through a modified awards ceremony at Teachers headquarters in Hauppauge, New York.

“It’s an honor to present these scholarships on behalf of Teachers to these talented and hard-working graduates,” said Teachers President and CEO, Brad Calhoun. “Supporting their educational pursuits is a continuation of our pledge to be a strong community partner that serves our members and ensures that everyone and anyone has a chance to reach their goals and dreams. I’m proud of each of these Teachers members and look forward to hearing more about their impact on the world and our community.”

Special for this year, the Teachers Board of Directors approved the Robert G. Allen Scholarship in honor of the credit union’s previous President/CEO, Robert Allen, who retired in 2019. The five $5,000 scholarships are in appreciation of his years of service to the organization and were awarded to graduates committed to attend an accredited college, vocational or trade school in Nassau or Suffolk County in the fall of 2020.

The Teachers Scholarship Program is open to graduating high school seniors that are good standing members of Teachers Federal Credit Union. Scholarship applications are reviewed by a committee that evaluates academic achievements, extracurricular activities, community engagement, and a written essay.

Teachers is committed to fostering financial education for its members and community. As part of these efforts, the credit union has partnered with Junior Achievement of New York, a non-profit organization that empowers young people (K-12) to own their economic success and make smart academic choices. Teachers encourages its employees to volunteer their time and experience through the Junior Achievement platform to improve the lives of young adults throughout Long Island.

Most recently, Teachers was named the first-place winner of the New York Credit Union Association’s 2020 Desjardins Youth Financial Education Award for engaging over 5,000 students through in-classroom seminars. The Desjardins Award honors credit unions that demonstrate a significant leadership and commitment to youth financial literacy for all ages.

Teachers Federal Credit Union 2020 Scholarship Recipients

  • SrikarAnanthoju of Comsewogue High School, attending University of Michigan
  • Alexa Boucher of Shoreham-Wading River High School, attending Quinnipiac University
  • Joshua Caiof Mount Sinai High School, attending Harvard University
  • Alexa Cohen of Miller Place High School, attending Long Island University, C.W. Post
  • Annie Doall of Rocky Point High School, attending Florida Gulf Coast University
  • Angelo Franzese of Newfield High School, attending SUNY Cortland
  • Rebecca Morales of Farmingdale High School, attending Boston University
  • Javari Thorpe of Brentwood High School, attending Farmingdale State University
  • Kyra Weber of Smithtown West High School, attending SUNY Oswego
  • Joshua Zimmerman of Ward Melville High School, attending The University of Virginia

2020 Robert G. Allen Scholarship Recipients

  • Thomas Aloi ofComsewogue High School, attending Stony Brook University
  • Emily Andrieof Longwood High School, attending Farmingdale State University
  • Joseph Mallimoof Connetquot High School, attending Suffolk County Community College
  • Danelle Rose of Miller Place High School, attending Stony Brook University
  • Julia Sosciaof Longwood High School, attending Stony Brook University

About Teachers Federal Credit Union (NY)

Teachers Federal Credit Union (Teachers) is one of the country's largest credit unions, with more than $9.7 billion in assets and more than 460,000 members across all 50 states. Founded in New York in 1952, Teachers is a full-service, not-for-profit financial institution with an open charter offering membership to anyone in the U.S. through its 30 full-service branches and best-in-class digital solutions. Teachers is a key supporter of the communities it serves and is proud to offer a range of member-focused products with competitive rates and low fees. What started as a smart solution for teachers is now smart for all. For more information, visit


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