Chesterfield Federal Credit Union awards scholarships to three seniors

Chesterfield Federal Credit Union (CFCU) has awarded the Charles R. Quaiff, Sr. Memorial Youth Scholarship to three local high school students. Megan Elizabeth Condon and Kaylor Alonia Nichols, seniors at Cosby High School, and James Michael Perdue, a senior at Midlothian High School, will each be awarded a $1,000 scholarship at their respective school awards ceremonies.

Condon is the daughter of Timothy & Sharon Condon. She plans to attend Virginia Tech in the fall to major in Human Nutrition, Foods and Exercise.

Nichols is the daughter of Milton & Sharon Nichols. She plans to attend the University of Virginia in the fall to major in Mass Communication.

Perdue is the son of James and Catherine Perdue. He plans to attend the University of Mary Washington to major in Environmental Science.

Chesterfield Federal Credit Union’s Charles R. Quaiff, Sr. Memorial Youth Scholarships are awarded based on academic achievement, school and community service, and a written essay on the differences between credit unions and other financial institutions. Eligibility to apply for the scholarship extends to any graduating senior who is a member or has a parent who is a member of CFCU.

In the eleven years that the scholarship has been awarded, Chesterfield Federal Credit Union has given away over $30,000.

In addition to the Charles R. Quaiff, Sr. Memorial Youth Scholarship, Chesterfield Federal Credit Union also offers two $500 scholarships for credit union members pursuing continuing education. Applications will be available at www.chesterfieldfcu.net in June.

Chesterfield Federal Credit Union is a not-for-profit financial cooperative founded 48 years ago by the administration of Chesterfield County and Chesterfield County Public Schools as a method of pooling their funds to reap the benefits of lower cost loans, higher dividend rates and lower fees. Since then, CFCU has expanded to include Amelia County, Amelia County Public Schools, Brandermill Community Association, Chesterfield County Public School Seniors and several Select Employment Groups.

For additional information, contact Chris Miller at (804)639-8023 extension108 or by e-mail cmiller@chesterfieldfcu.net

Chesterfield Federal Credit Union