United Federal Credit union awards $1,000 Lake Michigan College Business Scholarship
ST. JOSEPH, MI (August 8, 2014) — United Federal Credit Union (UFCU) has awarded the second of five Lake Michigan College (LMC) business scholarships. UFCU received a $5,000 prize last summer from the Michigan Credit Union League (MCUL) as part of the 2013 Outstanding Credit Union of the Year Award and elected to create a $1,000 scholarship to be distributed to one Lake Michigan College business student each year for the next five years. This year’s $1,000 recipient is Dowagiac resident Joey Pasternak.
Pasternak is taking Small Business Management courses at LMC as he works towards his Associate’s Degree and is also on the Lake Michigan College Red Hawk soccer team. His future goals include finishing a Bachelor’s Degree at a four-year university and running the family’s successful lawn care business when his father retires.
“I am grateful to United Federal Credit Union and Lake Michigan College for this scholarship,” Pasternak said. “Education is very important to my family and I will continue working on my education so that I may be self-sufficient after graduation.”
The UFCU Business Scholarship combined with other academic and athletic scholarships allowed Pasternak to complete his first year at LMC without any student loan debt – giving him the peace-of-mind to focus on his studies and maintain a 3.25 GPA.
“This business scholarship recognizes United Federal Credit Union’s commitment to the success of Lake Michigan College and its students,” stated UFCU President/CEO Gary Easterling. “It is intended to help students, like Joey, get started on a path that helps them pursue their business dreams and interests, while at the same time, strengthening our community by helping to build a solid workforce for the future.”
United Federal Credit Union has served its Members since 1949 by helping them to build a sound financial future. UFCU consists of more than 120,000 Member/owners worldwide, and manages assets in excess of $1.57 billion. Its corporate offices and main branch are located in St. Joseph, Mich., with additional branches in Arkansas, Indiana, Michigan, Nevada, North Carolina, and Ohio. UFCU has been named the Michigan Credit Union League Outstanding Credit Union of the Year 2013. UFCU has also been named the National Federal Credit Union of the Year 2013 by the National Association of Federal Credit Unions.