If you are planning to attend an institution of higher learning immediately after graduation, you may be interested in Patriot’s Richard E. Baumunk Memorial Scholarship competition. The winner will receive a $2,500 scholarship awarded over 2 years, with the 2nd year’s distribution contingent upon a first year GPA of 2.5.
Richard E. Baumunk is one of Patriot’s original board directors. When Mr. Baumunk passed, the credit union renamed their current scholarship to the Richard E. Baumunk Memorial Scholarship. Mr. Baumunk was a genuine believer in higher education and Patriot Federal Credit Union is proud to play an integral part in his legacy.
To qualify for the scholarship, you must meet the following requirements:
- Be a member of Patriot with at least $5 in a share savings account;
- Be a 2023 graduate with a GPA of 2.5 or higher and be accepted as a full-time student at an institution of higher learning carrying 12 credit hours or more
- Submit a 300 – 500 word typed essay entitled, “My Credit Union is Important to me because…”
To enter this year’s competition, submit a cover sheet with your name, address, telephone number and Patriot account number, along with your essay to:
Patriot Federal Credit Union
ATTN: Marketing Department
P.O. Box 778
Chambersburg, PA 17201-0778
Essays will need to be submitted to Patriot’s Marketing Department the First Friday in April .
*Patriot employees and Board members immediate family members are not eligible.