SOURCE: Palisades Federal Credit Union

Palisades Federal Credit Union

December 16, 2010 07:54 ET

Palisades FCU: NY Credit Union Supports Local Students by Offering Several Scholarships

PEARL RIVER, NY--(Marketwire - December 16, 2010) - Palisades Federal Credit Union, the largest Rockland County based Credit Union, will again offer local high school seniors the opportunity to win several scholarships toward tuition at a two or four-year accredited college.

This year student members have an opportunity to win up to three scholarships by submitting just one application. Student applicants will be going up against other high school students from Credit Unions statewide for the Credit Union Association of New York's awards. In addition, they will be competing regionally for the Westchester/ Rockland Credit Union chapter's four scholarships amounting to $2,000 and locally among Palisades Federal Credit Union members for several scholarships totaling over $3,000.

To be eligible for the scholarships, students must be college-bound high school seniors at the time of application, attending college for the first time in the fall of 2011, and members of the NY Credit Union. Applicants will be judged based upon their academic achievements, extracurricular and community activities and the quality of a written essay. Applications will be judged by representatives of the New York State Credit Union League located in Albany, New York, and winners will be announced in the second quarter of 2011.

"We are excited to continue our longstanding tradition of supporting our local students and their ambitions of higher education by offering several scholarships," explained Mark Welshoff, President & CEO of Palisades Federal Credit Union. "Since membership is open to anyone who lives, works, worships or studies in Rockland County, any Rockland County high school senior is eligible to take advantage of this fantastic opportunity." Scholarship applications are available online at the Credit Union's website, and can be dropped off at any of their convenient Rockland County branches or submitted by mail to: Palisades Federal Credit Union 2011 Scholarship, 300 N. Middletown Road - Suite 6, Pearl River, NY 10965. For consideration, all applications must be returned no later than January 21, 2011.

About Palisades Federal Credit Union
Headquartered in Pearl River, NY, Palisades Federal Credit Union (, with more than $160 Million in assets, is the largest Rockland County based Credit Union. The New York Credit Union operates 4 branches and provides full service banking products and surcharge-free access to over 35,000 ATMs nationwide. Credit Union membership and Credit Union Loans are open to anyone who lives, works, studies, or worships in Rockland County, NY. 

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