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CommonWealth One Federal Credit Union Awards Annual Scholarships

ALEXANDRIA, VA (July 12, 2013) -- CommonWealth One Federal Credit Union has awarded its annual Kathryn R. Coleman and T.C. Williams High School scholarships to members pursuing higher education. The Kathryn R. Coleman scholarship honors CommonWealth One’s former President and CEO, Kathryn R. Coleman, a well-known and respected figure in the credit union movement for almost 40 years. The T.C. Williams High School Scholarship recognizes successful students in the T.C. Williams Academy of Finance program which CommonWealth One has supported since 2008. Applicant evaluations included grade point average, essay quality, community involvement, and extra-curricular activities to determine the winners.

The winners of the $1,000 2013 Kathryn R. Coleman Scholarships are Luke Dillard and Jace Ross. Luke Dillard, from Keezletown, VA, will attend Virginia Tech in the fall majoring in General Biosciences with a minor in Spanish. Jace Ross, from Chicago, IL, attends Pace University in New York City. She is majoring in Communications with a minor in Broadcast Journalism.

Winners of the $500 T.C. Williams High School scholarships are Sabina Baidoo and Courtney Booterbaugh. Sabina will attend Virginia CommonWealth University for medical school. Courtney will attend Marymount University with a major in Criminal Justice and a minor in Business Administration.

CommonWealth One has provided $18,000 in college scholarships to our communities for more than 20 years.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union, headquartered in Alexandria, VA, has grown to over $313 million in assets and has become one of Washington, D.C. and Northern Virginia’s top credit unions. Currently, it serves more than 36,000 members including James Madison University and residents of Harrisonburg, VA. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial partner for its members. Excess earnings are returned to members in the form of higher dividend rates, lower interest rates on loans, low or no fees, and state-of-the-art online technology.

For more information on CommonWealth One, visit www.cofcu.org