MANCHESTER, N.H.– St. Mary’s Bank, the country’s first credit union, has awarded $7,500 in scholarships.
“We love that New Hampshire boasts many ‘first in the nation’ attributes, but knowing that the Granite State is also first in the nation for student loan debt is a bitter pill to swallow,” remarked President/CEO Ron Covey.
To help St. Mary’s Bank members pursue their academic dreams while reducing their need for student loan debt, the nation’s first credit union awarded $7,500 in scholarships at a reception June 30.
For the scholarship program’s first year, St. Mary’s Bank received 154 applications. The selection committee chose applicants who displayed hard work and determination both inside and outside of the classroom.
“We are committed to helping St. Mary’s Bank’s next generation achieve their educational and professional goals. We received applications from many deserving students” notes Covey. “I congratulate the 10 students who were selected to receive scholarships. Their futures are indeed bright, and I wish them all the best in their academic journeys.”