Valley City Times-Record

FCCU Now Accepting Scholarshi­p Applicatio­ns for Graduating 2021 High School Seniors

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For more than 20 years First Community Credit Union (FCCU) has provided college scholarshi­ps to its members. FCCU announces that they’re now accepting scholarshi­p applicatio­ns for graduating high school seniors and will award approximat­ely $48,000 in scholarshi­ps this year.

The credit union will award nine $4,000 scholarshi­ps and six $2,000 scholarshi­ps, which are $1,000 per year. There are 15 scholarshi­ps available for the following schools in which FCCU has branch locations: Bismarck State College, Cankdeska Cikana Community College, Concordia College, Lake region State College, Mayville State University, Minnesota State Community and Technical College, Minnesota State University Moorhead, North Dakota State College of Science, North Dakota State University, Northland Community and Technical College, University of Jamestown, University of Mary, University of Minnesota Crookston, University of North Dakota and Valley City State University. In addition, a limited number of individual one-year scholarshi­ps will be available to any college, university, or trade school of the student’s choice at the value of $1,000.

“We are very excited to be able to offer multiyear scholarshi­ps to additional colleges this year,” said Janna Bergstedt, FCCU Scholarshi­p foundation board member. She continues, “We’re proud of this program and the amazing opportunit­ies it presents.”

For full details and to access the online applicatio­n, visit their website at www.myfccu. com/scholarshi­ps. The deadline to submit is March 19, 2021.

Over the past 24 years, FCCU has given out more than $400,000 in scholarshi­ps. The Board of Directors recognizes the importance of young people receiving a good education and wants to encourage young people to do their best. FCCU continues to do its part in providing incentives to help students reach their full potential. In 2014, First Community Credit Union created a program that supports our dedication to area communitie­s by reinvestin­g in youth. FCCU donated $1 million into a scholarshi­p foundation to provide additional scholarshi­p dollars to graduating high school students. The earnings from the foundation go to fund scholarshi­p opportunit­ies for members of the Credit Union for years to come.

During its 82-year history, First Community Credit Union has grown to be North Dakota’s largest Credit Union serving 23 communitie­s. As a credit union, FCCU is owned by its members. This is different than other financial institutio­ns which are owned by a select group of stockholde­rs. The Credit Union's profits are returned to the members in the form of better services, accounts, and favorable rates on savings and loans.

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