WCCU offers $5,500 in Scholarships to High School Seniors

Monday, December 14, 2020

Westerly Community Credit Union announces they will be awarding $4,000 in scholarships to high school seniors graduating this school year. They are offering scholarships for students attending college or a vocational program in the fall of 2021. The three college scholarships they offer are in the amount of $1,000 each and the two vocational scholarships are in the amount of $500 each. The deadline for these scholarships is March 12, 2021. The Westerly Community Credit Union will also be sponsoring three high school applicants for consideration of a Cooperative Credit Union scholarship in the amount of $1,500. The application and deadline for this scholarship will be made available in the coming months.

The Joseph N. Cugini Memorial College Scholarship will be awarded to a graduating High School Senior attending a two or four-year college or university.  This scholarship was established to honor the many years of dedicated service by Joseph N. Cugini to the Westerly Community Credit Union. After 40 years of service, Cugini retired as President/CEO and Chairperson of the Board of Directors. His work was legendary in the Credit Union movement: with the Credit Union National Association, the Rhode Island Credit Union League, and the World Council of Credit Unions. This scholarship honors his many accomplishments achieved during his tenure at the Credit Union.   

The Robert M. Bewlay Memorial College Scholarship will be awarded to a graduating High School Senior who will be attending a two or four-year college or university upon graduation.  This scholarship was established to honor Robert M. Bewlay’s dedication and service to the Westerly Community Credit Union. As Vice President of the Credit Union for 35 years, Bewlay was instrumental in implementing the computer system and technology utilized by the Credit Union.  

The Westerly Community Credit Union College Scholarship will be awarded to a graduating High School Senior who plans to attend a two or four-year college or university upon graduation.

The Westerly Community Credit Union Vocational Scholarships will be awarded to two graduating High School Seniors who plan to attend a locally recognized Vocation Credentialed Certificate Program upon graduation. Examples of Credentialed Certified Programs can be found listed on the application.  

The Westerly Community Credit Union is also proud to be a part of the Cooperative Credit Union Association College Scholarship Program. Each participating Credit Union will submit their top three applications to the Cooperative Credit Union for final review and consideration for a $1,500 scholarship award.  Applicants will be evaluated on a variety of criteria including the students’ academic performance, financial need, extracurricular activities, and the quality and content of an essay that addresses the applicant’s intended major field of study and career goals.  

Westerly Community Credit Union applications are available on their website www.westerlyccu.com, at any of their branch locations, and at the guidance departments of local high schools. Applications must be submitted to one of Westerly Community Credit Union branch locations by the March 12, 2021 deadline.  Applications for the Cooperative Credit Union Association College scholarship will be available early 2021 and will be available at Westerly Community Credit Union branches, on their website, and at the guidance departments of local schools.  For more information call 596-7000 or visit their website www.westerlyccu.com.

About Westerly Community Credit Union (WCCU):
The WCCU initiative, #WCCUCares, emphasizes their focus on caring about their members, their members’ financial success, and their community. Established in 1948, Westerly Community Credit Union is a local, full–service financial institution that currently serves over 19,800 members with lending and deposit products through their convenient locations in Wakefield, Richmond, Westerly, as well as online via www.westerlyccu.com. Recent WCCU awards include Westerly Sun’s Readers’ Choice Best Bank Award (2017-18-19 and top 3 in 2020), Southern RI Chamber Choice- Best Employer (2018), “Spreadin’ the Love” (2019 & 2020) community service awards as well as PBN Best Places to Work (2018-19).