VIRGINIA BEACH, Va.– Chartway Credit Union announced 10 student members have been selected to receive a $3,000 scholarship, totaling $30,000 in financial support.
The Directors’ Memorial Scholarship, an ongoing program created in 1989, has awarded nearly $380,000 to student members pursuing collegiate studies. This year’s recipients were selected based on need, activities, academic achievement, an essay, and a letter of reference.
A strong supporter of education and developing the next generation of leaders, Chartway noted it also awards $25,000 annually through its Old Dominion University Athletic Scholarship fund, leads a contemporary paid summer internship program, and offers free financial wellness programs.
Additionally, its charitable arm, the Chartway Promise Foundation, has raised more than $13million to provide the financial support needed to make dreams and wishes come to life for children facing medical challenges.
“At Chartway, making a difference in our communities is ingrained in our culture,” said BrianSchools, president & CEO. “Whether it’s supporting children with medical hardship through our charitable arm, the Chartway Promise Foundation, seasonal giving, crisis support, offering financialwellness programs, or helping tomorrow’s leaders gain a strong academic foundation, we’re so proudto do it and we promise to continue building on our strong foundation of service in ways big and small as we move forward, thriving together.”