CommonWealth One Federal Credit Union Increases Annual Scholarships

CommonWealth One Federal Credit Union has increased the number and amount of scholarships offered to its members. It now provides $5,000 for five $1,000 scholarships.  CommonWealth One is now accepting applications from eligible student members for the 2014–2015 school year.

The Kathryn R. Coleman Scholarship awards two $1,000 scholarships to one graduating high school senior and one undergraduate college student. Applications are due April 30, 2014. The CommonWealth One Scholarship awards three $1,000 scholarships for high school students.  Two will be awarded to T.C. Williams High School students, one of which must be graduating from the Academy of Finance and one to a  Harrisonburg High School student. Applications are due May 30, 2014.   Applications are available online at cofcu.org and are judged on a written essay, academic achievements, and involvement in school and extracurricular activities. 

CommonWealth One is committed to the education of its younger members.  The scholarship program is one aspect of this commitment and its purpose is to support students and parents seeking higher education.  CommonWealth One also offers a wide range of financial education seminars, free online resources, and products and services to help its younger members learn sound financial education skills.  This commitment was recognized by the Virginia Credit Union League who awarded CommonWealth One with 1st Place recognition for its youth financial education efforts in its asset category. Visit cofcu.org to learn more.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union, headquartered in Alexandria, VA, has grown to become one of Washington, D.C. and Northern Virginia’s top credit unions with more than $316 million in assets serving more than 35,000 members.  CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial partner of its members.

CommonWealth One has branches in downtown Washington, D.C., Alexandria, VA, and Harrisonburg, VA (including at James Madison University).  Members can access their accounts through Online Banking, Mobile and Text Banking, plus a network of over 6,700+ shared branches and 55,000+ surcharge-free ATMs across the country.  For information, visit www.cofcu.org.

Contact Information

Ashley Baldeon

Marketing Manager

CommonWealth One Federal Credit Union

Contact via E-mail