Scholarship Competition

Fund your education with confidence.

Richard E. Baumunk Memorial Scholarship

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 second year’s distribution contingent upon a first year GPA of 2.5.

Scholarship Information

Richard E. Baumunk was one of Patriot’s original board members. He 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 your share savings account
  • Be an upcoming high school 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…”
Father and son putting money in piggy bank

Application Process

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
Scholarship Competition
ATTN: Marketing Department
P.O. Box 778
Chambersburg, PA 17201-0778

Essays must be submitted to Patriot’s Marketing Department by the first Friday in April.

Information to Help You Reach Your Financial Goals

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  • Patriot employees, Patriot Board Members, and their immediate family members are not eligible.

  • NCUA

    This credit union is federally insured by the National Credit Union Administration.

  • Equal Housing Lender

    Equal Housing Lender