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Truliant Names Five Scholarship Winners

Truliant Names Five Scholarship Winners

Release date: 6/25/2014

Winston-Salem, N.C. (June 25, 2014) – Truliant Federal Credit Union recently awarded five scholarships to help student member-owners meet higher education goals through the Carolinas Credit Union Foundation’s (CCUF) Scholar Vision Funds.

Truliant began establishing CCUF scholarship funds nearly two decades ago as a benefit to member-owners attaining a post-secondary education. For the 2014 awards, scholarship applicants were asked to write a brief essay describing future career goals and how scholarship funds would help meet those objectives. Truliant received more than 150 applications.

"Selecting winners from this outstanding group of student member-owners was challenging," said Karen DeSalvo, chief marketing officer for Truliant. "We are honored to offer scholarships to a set of individuals whose achievements show great potential for leadership in Truliant member-owner communities."

Truliant awarded 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 to honor Fred J. Sarda, a founding member of the credit union. The three recipients of $1,000 awards for 2014 are: Jessica Sutton of Kings Mountain, N.C.; Juan Clavijo of Clemmons, N.C.; and Rachel Lempp of Greensboro, N.C.

The Clyde Padgett scholarship was established in 2004 and is named after a former Truliant chairman. It provides $1,000 to help employees, volunteers and their families continue their education. This year’s award was given to Jordyn Reisenauer of Winston-Salem, N.C.

The Telephone Pioneers Club Scholarship is awarded each year to a Truliant member-owner with a relative who currently or formerly worked for AT&T or Lucent Technologies in the Winston-Salem area. A scholarship in the amount of $2,000 was awarded to Hayden Chamberlain of Lewisville, N.C.

Additionally, a sixth $1,000 scholarship was awarded to Margaret Morrison of Burlington, N.C. Morrison was selected by the Carolinas Credit Union Foundation from a group of Truliant applicants and is attending the University of North Carolina at Chapel Hill.

More than $1 million has been awarded to credit union members in the Carolinas from Scholar Vision Funds since its inception.

About Carolinas Credit Union Foundation

The Carolinas Credit Union Foundation represents the cooperative efforts of credit unions in North Carolina and South Carolina working together for a better tomorrow by helping people help themselves. For more information, visit

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 23 Member Financial Centers in N.C., S.C. and Va. For more information on Truliant Federal Credit Union, visit

Contact Information
Heath Combs
Senior Public Relations & Copywriting
Truliant Federal Credit Union
[email protected]