Summit Credit Union: Awards four continuing education scholarships

Contact:
Joanne Belanger, 608-243-5000x 2833, [email protected]

Cheryl Tessier, APR, 608-695-6510, [email protected]

MADISON, Wisconsin – “The essence of credit unions is to empower members to be financially responsible and secure.”

“Specifically, the educational aspect of credit unions is greatly beneficial. Summit Credit Union’s focus on providing educational opportunities allows members to stay informed about the best techniques for saving.”*

These are two excerpts from essays by students who were awarded this year’s continuing-education tuition scholarships from Summit Credit Union. The financial cooperative awarded the three $1,500 scholarships and one $2,500 scholarship at its annual membership meeting on May 18.

The $1,500 Volunteer Board of Directors Scholarships were awarded to:

· Lindsey Borleske from Madison, Wisconsin. Lindsey will graduate from Madison East High School in June 2014 and plans to attend the University of Wisconsin – Madison, majoring in international business.

· Samantha Johnson, from Sun Prairie, Wisconsin. Samantha will graduate from Sun Prairie High School in June 2014 and plans to attend Carthage College, in Kenosha, Wisconsin, majoring in business administration and Spanish.

· Hailey Wrasman, from Middleton, Wisconsin. Hailey is a 2013 graduate of Middleton High School and attends the University of Minnesota, majoring in interior design.

Seventy-eight students applied for the scholarships this year. Recipients were chosen based on grade point averages, extracurricular and community activities, employment experience and an essay on how a credit union’s cooperative structure benefits its members and the communities it serves.

The $2,500 Mary Siedlecki Board Scholarship was awarded to the Urban League of Greater Madison’s Scholars Academy. This program prepares middle school students for a rigorous college preparatory program when they enter high school.

The Board of Directors Scholarship program supports Summit’s commitment to education and to the communities it serves. Including the Board of Directors Scholarships, Summit Credit Union awards more than $20,000 in scholarships to students each year.

Applications for the 2015 Summit Credit Union Board of Directors Scholarships will be posted at www.summitcreditunion.com beginning January, 2015.

About Summit Credit Union:

Established in 1935, Summit Credit Union is a member-owned financial cooperative open to anyone in Wisconsin. Summit holds $2 billion in assets and has more than 136,000 members, with a total of 28 locations throughout the Madison and Milwaukee areas. For more information, visit www.summitcreditunion.com or call 608-243-5000 or 1-800-236-5560.

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Editor’s note: Sources for the opening quotes are as follows:

First quote: “The essence of credit unions is to empower members to be financially responsible and secure.” Source: Lindsey Borleske

Second quote: “Specifically, the educational aspect of credit unions is greatly beneficial. Summit Credit Union’s focus on providing educational opportunities allows members to stay informed about the best techniques for saving.” Source: Hailey Wrasman