Truliant Federal Credit Union Awards Eleven Scholarships
Release date: 5/6/2012
Winston-Salem, N.C. (May 7, 2012) – In the continued spirit of giving back to the community, Truliant Federal Credit Union has awarded 11 educational and financial need scholarships, totaling $15,000, to their member-owners through the Carolinas Credit Union Foundation (CCUF) Scholar Vision Funds.
The Scholar Vision Funds are a collection of funds and resources established to help member-owners of local credit unions achieve a higher level of education. Members for the 2012 scholarship program were asked to write a brief essay stating how their credit union could help them achieve their financial goals. Truliant received over 142 applicants, which were then narrowed down to 11 finalists. Truliant’s member-owners were given scholarships from three Scholar Vision Funds: the Fred Sarda Fund, Winston-Salem Telephone Pioneers Fund and the Clyde O. Padgett Fund.
Truliant established the Sarda Scholarship in 1996, as part of the Scholar Vision Funds to honor Fred J. Sarda, a founding member of the credit union. The six recipients of $1,000 Sarda Scholarships for 2012 are Shannyn Holder of Belmont, N.C., James Lowrey of Greensboro, N.C., Ryan Thompson of Canton, O.H., Jordyn Reisenauer of Winston-Salem, N.C., Hannah Young of Kernersville, N.C., and Brandi Kennedy of Winston-Salem, N.C.
The Telephone Pioneers Club Scholarship is awarded each year to four Truliant member-owners with a relative who currently or formerly worked for AT&T or Lucent Technologies in the Winston-Salem area. The 2012 scholarships were awarded, each in the amount of $2,000, to Alexander Allen of Thomasville, N.C., Zoe Little of Sophia, N.C., Rebecca Farley of Greensboro, N.C., and Rachel Mullins of Jamestown, N.C.
The Clyde Padgett Scholarship for $1,000, a scholarship that provides funds to help employees, volunteers and their families continue their education, went to Venafer Reisenauer of Winston-Salem, N.C.
“The applicants were extremely top-notch students this year; it was hard selecting 11 recipients out of the 142 applications that we received said Marjorie Rorie, director of community services for Truliant. I wish we had enough funds to award them all.”
About Carolinas Credit Union Foundation
The Carolinas Credit Union Foundation represents the many credit unions in North and South Carolina with our mission to improve the economic and social conditions of credit unions, credit union members, their families and their communities by providing educational opportunities, enhancing childhood development, offering credit union assistance and by providing aid in times of natural and man-made disasters.
About Truliant Federal Credit Union
Truliant Federal Credit Union is a not-for-profit, financial institution that provides affordable financial services to its member-owners. Truliant was chartered in 1952 and now serves more than 180,000 members and has 22 Member Financial Centers in NC, SC, OH and VA.