May 24, 2023 _ Redstone Federal Credit Union® today announces scholarships totaling $89,000 to 22 members as they prepare for their 2023-2024 school year.
Students will receive up to $5,000 each, which is paid directly to their college or university.
For the past 27 years, Redstone’s Scholarship Program has helped its members to pursue their goals of attaining a college degree. It provides scholarships to those attending two-year and four-year accredited institutions. Redstone has awarded more than $636,000 in scholarships since the program’s inception in 1996.
Mary Grace Evans, Community Relations Senior AVP, said with the rising costs of attending college, Redstone’s Scholarship Program provides a gratifying way to immediately impact students and their families.
“Each year I think the caliber of our scholarship applications can’t get even better; yet, each year it does and the number of applicants continue to grow,’’ said Evans. This year, Redstone received 1,098 applications.
In addition to its Scholarship Program, Redstone supports youth financial literacy through its Adopt-A-School Program, in-school branches, College Reality Fairs, and Youth Month outreach.
Scholarship applications are accepted from December to February. For more information on its scholarship program, go to www.redfcu.org.
Here are the current scholarship recipients:
About Redstone Federal Credit Union
With more than $7.55 billion in assets, Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and one of the largest federal credit unions in the nation by assets. Based in Huntsville, Alabama, Redstone Federal Credit Union serves more than 748,000 members.
Chartered on November 28, 1951, Redstone Federal Credit Union has proudly served its members for 70 years and has 27 conveniently located branches across North Alabama and Tennessee.
Redstone Federal Credit Union provides a level of service that is not generally available at other financial institutions through its philosophy of - People Helping People.
Are you ready to join the credit union that puts you first? Become a member of the Redstone family and you’ll start enjoying the great rates, personalized financial advice, and excellent customer service Redstone is known for.