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Chesterfield FCU Encourages Students to Declare the Credit Union Difference in Video Scholarship Competition

Mar 25, 2014 by Lewis Wood

Chesterfield Federal Credit Union is offering high school students in Chesterfield County Public School the chance to compete for up to $800 in college scholarships. The credit union business model and philosophy are unique. Chesterfield Federal Credit Union has been serving the community by providing low cost financial services for more than 50 years. In addition, the credit union provides financial literacy training to Chesterfield County Public Schools (CCPS), sponsors many Chesterfield County Government and CCPS activities and volunteers within the community. The Declare the Difference Scholarship Program challenges high school students to convey the credit union difference in a video of no longer than two minutes.

CONTACT: 
Chris J. Miller        
Chesterfield Federal Credit Union
804-639-8023 x108
804-639-4769 (fax)
cmiller@chesterfieldfcu.net
www.chesterfieldfcu.net

CHESTERFIELD, VIRGINIA (March 17, 2014)-Chesterfield Federal Credit Union is offering high school students in Chesterfield County Public School the chance to compete for up to $800 in college scholarships.

The credit union business model and philosophy are unique. Chesterfield Federal Credit Union has been serving the community by providing low cost financial services for more than 50 years. In addition, the credit union provides financial literacy training to Chesterfield County Public Schools (CCPS), sponsors many Chesterfield County Government and CCPS activities and volunteers within the community. The Declare the Difference Scholarship Program challenges high school students to convey the credit union difference in a video of no longer than two minutes.

Chesterfield Federal Credit Union will select one winner from each Chesterfield County Public High School to receive a $300 college scholarship.  Winners from each school will compete against each other in public voting on the Chesterfield Federal Credit Union Facebook page for the opportunity to win an additional $500 scholarship.  The competition is open high school students in grades 9 – 12 attending a Chesterfield County Public High School.

Videos must be received by Monday, April 28th.  Winners will be selected and the public voting will begin on Monday, May 12th and continue through Friday, May 30th

Chesterfield Federal Credit Union is a not-for-profit financial cooperative serving students of Chesterfield County Public Schools and their families, as well as employees and their families from Chesterfield County Government, Chesterfield County Public Schools and other select employer groups.  CFCU has three branch locations: in Chesterfield on Public Safety Way, in Brandermill in the Market Square Shopping Center, and on Midlothian Turnpike in the Midlothian Station Shopping Center. Members can also access the Credit Union through over 4,000 shared branches and 50,000 free ATMs nationwide.

Unlike other financial institutions, credit unions are owned and controlled by their members. There are no outside stockholders and no paid Board of Directors. All of the credit union’s excess earnings are returned to members in the form of lower interest rates on loans, higher dividend rates on deposits, lower fees and additional services. The all-volunteer Board of Directors is democratically elected by the membership, and each member is entitled to one vote regardless of the amount they have on deposit.

For additional information, contact Chris Miller at 639-8023 x108 or by e-mail cmiller@chesterfieldfcu.net

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