UECU recently awarded $1,000 scholarships to students with a family or academic connection to the energy or utility industry.
Wyomissing, PA (PRWEB) August 30, 2012
Utilities Employees Credit Union (UECU), the billion dollar virtual credit union that serves the U.S. utility and energy sector announced the winners of its 2012 Student Scholarship Contest this week.
Winners Brandon W. of Pennsylvania, and Jennifer N. of New York, submitted a video and an essay submission, respectively, which proposed new financial services for young adult members of the credit union. UECU first announced on uecu.org that the two students were this year’s winners of the $1,000 UECU Scholarships for students who are the family members of workers in a utility or energy industry, or are themselves pursuing employment in energy-related fields.
“As a not-for-profit, financial cooperative without stockholders, UECU returns its profits to our member-owners every day through exceptional savings returns, highly affordable lending rates and financial rewards,” says Glen A. Yeager, UECU’s President and Chief Executive Officer. “We are also committed to programs that help our young members pursue their career goals and build a financially-sound future, including our annual UECU Student Scholarship.”
Each year, the organization announces a new theme for entries to the UECU Student Scholarship Contest, which is open to UECU members who are about to enter or are currently attending college or advanced training at an accredited institution. This year, students submitted a short essay or video on “A New Product or Service UECU Should Offer to Youth.” Year-round contest information and annual submission guidelines are provided on UECU’s scholarship program webpage at http://www.uecu.org/scholarship.
“As a full-service, virtual credit union we provide the ultimate level of convenience including nationwide, 24/7 account access by Internet or phone – making us the perfect financial institution for young adults at college or about to enter the workforce,” says Yeager. “UECU members live in every state and include current energy and utility employees, family of existing members, and former and retired industry workers. We offer life-long membership regardless of where employees and their family members move or travel.”
To learn more about Utilities Employees Credit Union, visit http://www.uecu.org.
About Utilities Employees Credit Union
Utilities Employees Credit Union is a nationwide, virtual credit union providing financial services to utility and energy workers and their families since 1934. Its membership includes the employees of 600 companies and members of Energy People Connect, an association for individuals currently employed or pursuing employment in the energy industry. UECU is among the less than one percent of U.S. credit unions to consistently receive the A+ “Excellent” Weiss Rating for financial soundness and one of the few financial institutions to reward its members with a year-end bonus dividend, which last year totaled $1.2 million.