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Today’s “Ask Jack” question comes from Judy in Lenoir, NC:
“Does Members Credit Union award college scholarship money. If so, how do we apply?”
- Judy, Lenoir
Thank you for your question, Judy! This gives me the perfect opportunity to discuss one of my favorite service initiatives.
Members Credit Union’s Scholarship Program was established in 1996 to help members afford post-secondary education. To date, we have awarded more than 125 academic and need-based scholarships to members throughout the country. Last year alone, nineteen members were awarded with a total of over $22,000!
Annual awards are highlighted by the John R. Loftin Scholarship and the Daniel H. Elkins, Jr. Scholarship, named in honor of each man’s tremendous contributions to Members Credit Union over the years. In 2008 Megan M. Smith of Valdese received the $3,000 John R. Loftin Scholarship to help finance her Appalachian State University education. Andrew W. Foote of Morganton received the $2,000 Daniel H. Elkins, Jr. Scholarship for his studies at Georgia Tech University.
Scholarship applications for the 2009-2010 school year must be received by February 20, 2009. Eligible applicants must be Members Credit Union members, and enrolled or plan to enroll full-time in an accredited college or university. Applications are available on memcu.com or by clicking here.
Best of luck with your college plans, Judy. We look forward to the opportunity to help in any way that we can!

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