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Credit union scholarship available

TICONDEROGA - Ticonderoga Federal Credit Union is again offering local high school seniors the opportunity to win scholarships toward college.

TFCU student members will be competing with high school students from credit unions statewide for Credit Union Association of New York awards. In addition, they will be competing regionally within the Adirondack District for a $500 scholarship, and locally among TFCU members for $500 scholarships. Three $500 TFCU scholarships were awarded in 2009.

To be eligible, students must be college-bound high school seniors at the time of application, attending college for the first time in the fall of 2010 and members of the Ticonderoga Federal Credit Union.

Applicants will be judged based upon their academic achievements, extracurricular and community activities and the quality of a written essay. Applications will be judged by representatives of the New York State Credit Union League located in Albany, and winners will be announced in the second quarter of 2010.

Scholarship applications are available online at tfcunow.com, at TFCU's Ticonderoga home office or the Port Henry and Elizabethtown branches. Applications must be returned to one of the branches, Attn: Pam Nolan, no later than Jan. 22, 2010.

For more information, stop by a branches or contact the TFCU at 585-6725.

The 2009 TFCU scholarship recipients were Rebekah White of Elizabethtown Central, Jared Best of Ticonderoga High and Nicole Beers of Schroon Lake Central.

"All three of these outstanding students are TFCU members," said Gregory Johnson, CEO. "We are glad to have contributed to their financial education in the past, and wish them all the best in their future endeavors."

A not-for-profit cooperative offering deposit and lending services to its members, TFCU operates its main office in Ticonderoga, where it was chartered in 1954 as the International Paper Ticonderoga mill's employee credit union. Since then, it has amended its charter twice, and now offers membership to people who live, work, worship or attend school in, or businesses or legal entities located in Essex County, Washington County or the towns of Hague, Horicon and Chester.

TFCU opened its first branch in March 2007 in Port Henry and its second branch in Elizabethtown in November of 2008.

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