TruStone Financial awards $11,000 in scholarships

PLYMOUTH, MN (July 7, 2016) — Seven top-notch students from high schools in Minnesota and Wisconsin have been awarded $10,000 in scholarships from the TruStone Financial Foundation. An additional $1,000 scholarship was awarded to a graduating senior who is a family member of a TruStone Financial employee. Scholarships were awarded to graduating seniors based on academic, extracurricular and philanthropic success.
The scholarship recipients were selected among students who applied May 1 – May 30, 2016. Applicants were also asked to submit an essay explaining how financial management skills will play a role in their future career goals.

“The TruStone Financial Foundation strives to support future leaders and promote continued education,” said Foundation Chairman, Tom Alagna. “Providing these scholarships is one way we can support our membership, the credit union and the communities in which we serve.”

Recipients visited their closest TruStone Financial branch to accept their scholarship. Scholarship winners in alphabetical order: Blaire Bemel (Saint Paul Academy and Summit School), Pete Hotvedt (Robbinsdale-Cooper High School), Michael Kowalski (South Milwaukee High School), Paige Lauer (Tremper High School), Katie Moynihan (Apple Valley High School), Ronald Tanchin (St. Michael-Albertville High School), Adam Trelstad (Champlin Park High School) and Julia Westling (Heritage Christian Academy).

“The TruStone Financial Foundation and all those involved in the scholarship process have made a significant impact on the lives of eight young credit union members,” said TruStone Financial Chief Executive Officer Tim Bosiacki. “We are excited to see how the Foundation’s contribution will benefit their future endeavors and look forward to continuing to help these students throughout their financial path.”

About TruStone Financial

TruStone Financial is a full-service credit union that has worked to improve the financial well-being of its neighbors for more than 80 years. Founded as a teachers’ credit union, education remains one of TruStone’s core values. It strives to teach its members healthy financial habits, and its mission is to offer simple, convenient tools and great rates to help them reach their goals. It has 14 branches across Minnesota and Wisconsin and is Minnesota’s third largest credit union, with assets of $1.74 billion as of June 30, 2020. To learn more, visit

About the TruStone Financial Foundation

The TruStone Financial Foundation is a not-for-profit 501(c)(3) organization founded in 2009. This organization was established to reinforce a commitment to providing financial education in local communities. The Foundation is not affiliated with TruStone Financial Federal Credit Union.


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