Teachers FCU Awards Scholarships

HAUPPAUGUE, N.Y.– Teachers Federal Credit Union has awarded SUNY Old Westbury Students Adan Velasquez of Huntington, N.Y. and Magdalena Zielinska of Lindenhurst, N.Y. with Nicholas Maletta Memorial Scholarships.

The educational scholarship reflects TFCU’s ongoing efforts to provide support and encouragement to local students within the communities it serves, the credit union said. Velasquez, a senior majoring in finance, is a graduate of John Glenn High School, and Zielinska, a sophomore accounting major, is a graduate of Lindenhurst High School.

Nicholas Maletta, for whom this scholarship is named, began serving on TFCU’s Board of Directors in 1983. In 1991 he was elected Vice Chairman, a position he held until his passing in 2012. In recognition of his 29 years of selfless volunteer work, the $5,000 Nicholas Maletta Memorial Scholarship Award was established for students who have graduated from a Long Island high school and are enrolled in SUNY Old Westbury’s School of Business.

“The recipients of the two TFCU Nicholas Maletta Memorial Scholarship awards are impressive students. They are both on the road to achieving their educational goals. We, at TFCU, celebrate the academic accomplishments of Adan and Magdalena and wish them well as they prepare for their future careers in the world of business and finance,” said Robert G. Allen, President/CEO of TFCU.

At right, FCU President/CEO Robert G. Allen (center) congratulates recipients of $5,000 Nicholas Maletta Memorial Scholarships, School of Business at SUNY Old Westbury Students Alan Velasquez of Huntington (left) and Magdalena Zielinska of Lindenhurst (right). The educational scholarships reflect TFCU’s ongoing efforts to provide support and encouragement to local students within the communities it serves.

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