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CU System
Polish and Slavic FCU grants 350000 in scholarships
BROOKLYN, N.Y. (7/8/09)--The Polish & Slavic CU (PSFCU), Brooklyn, gave out $350,000 in scholarship grants this year to more than 315 students. The credit union announced Monday that its grant level surpassed last year’s record of college scholarships it gave to members (PR Newswire July 6). The scholarships were awarded during two separate ceremonies--one in late May for high school graduates, and one in June for college students. “We continue to buck the trend when it comes to investing in our neighborhoods and in our members' futures,” said Bogdan Chmielewski, CEO of PSFCU. “We increased the scholarship money by a hefty $50,000 while the number of students who benefited from this vital program rose by 25%. This is one of the most important projects we undertake annually. As PSFCU’s scholarship program has grown, it has expanded its geographic reach beyond New York. The program awarded grants to students in Chicago and a dozen other cities outside PSFCU’s home region. “We’re extremely excited to be able to broaden our reach to so many cities beyond the metropolitan New York area,” said Bozena Kajewska-Pielarz, a PSFCU board member who led the credit union’s scholarship committee this year. “Thanks to our online branch, which enables us to offer membership to residents of other states, and our imminent Chicago expansion, young members from areas other than our traditional New York and New Jersey footprint will be able to benefit from the program.”
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