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News Now

CU System
Dakotas CUs on a scholarship roll
BISMARCK, N.D. (7/22/11)--Thirty-eight credit unions in North Dakota and South Dakota provided scholarships to high school and/or college students. A total of 121 separate scholarships worth $74,250 were given, according to a survey by the Credit Union Association of the Dakotas (CUAD). The survey, conducted by the association in May, asked credit union managers and chapter chairs in the two states to list scholarships they provided. With 81 credit unions (nearly 100%) responding, the 2011 data show a great generosity and commitment to education on the part of Dakota credit unions, the association said. Three chapters also provided $3,200 in scholarships. In addition, CUAD provided $5,000 in scholarships, for a grand total of $82,450. The survey results will be compiled in an official report to be distributed to education officials, showcasing opportunities provided to students by the credit union industry in the Dakotas. The data also will be a powerful legislative tool to use with media outlets to illustrate to elected officials how credit unions give back to their communities and to highlight credit unions’ commitment to youth and education, the association said.


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