Monterra Credit Union awards $25,000 in scholarships to San Mateo County high school seniors
REDWOOD CITY, CA (June 20, 2024) — Monterra Credit Union is proud to announce it’s $25,000 scholarship program has awarded five scholarships for $5,000 apiece to deserving college-bound students in our community. This initiative underscores Monterra Credit Union’s enduring commitment to the financial wellness of our community and our dedication to helping future generations achieve their higher education goals.
“At Monterra Credit Union, we believe in investing in the future of our community,” said Wade Painter, President & CEO at Monterra Credit Union. “These scholarships are a testament to our mission of supporting financial wellness and providing opportunities for educational advancement. We are thrilled to support these outstanding students as they pursue their academic dreams.”
Established in 2004, Monterra Credit Union’s scholarship program assists graduating high school seniors with college or technical school costs such as tuition, housing, books, and meals. To qualify, applicants are required to have at least a 3.0 GPA and submit transcripts, letters of recommendation, and an essay on a topic that changes each year.
This year’s scholarship recipients come from five local high schools: Westmoor High School, Woodside High School, Carlmont High School, Sequoia High School, and Menlo-Atherton High School. The scholarship recipients were selected based on their academic achievements, community involvement, and financial need. Monterra Credit Union is committed to creating opportunities that empower young individuals to reach their full potential and contribute positively to society.
For over seven decades, Monterra Credit Union has been serving the financial needs of the peninsula. Established in 1952, we have consistently prioritized the well-being and financial growth of our members. Our dedication to community service and financial education is at the heart of everything we do.
Monterra Credit Union is honored to support these talented students and looks forward to seeing their future successes. We remain dedicated to fostering a supportive and prosperous community through initiatives like these scholarships and our ongoing financial education and wellness programs.
About Monterra Credit Union
Founded in 1952, Monterra Credit Union is a not-for-profit, member-owned financial institution committed to the financial wellness of its members and economic vitality of the communities it serves. Monterra Credit Union offers both consumer and business accounts and loans, ensuring comprehensive financial services for all. In addition to providing competitive financial products, digital access, and education, Monterra Credit Union invests in local nonprofits and small businesses through grants, scholarships, and volunteerism to improve the quality of life for all San Mateo County residents. Learn more at monterra.org.
