Members First Credit Union Scholarship Program: Investing in the Future
Members First Credit Union demonstrates its commitment to the community by offering a scholarship program designed to support local students pursuing higher education. The 2025 scholarship program offers six scholarships totaling $10,000 to deserving students. Applications are open and must be submitted by March 31, 2025. Scholarship recipients will be notified by July 1, 2025. These scholarships commemorate the legacies of three outstanding community leaders whose contributions continue to resonate in the Manchester area.
Honoring Community Leaders
The Members First Credit Union scholarships are named in memory of individuals who have significantly impacted the Manchester community:
- John S. Walsh: A Manchester firefighter, John S. Walsh founded Members First Credit Union, originally named Manchester Municipal Employees Credit Union, in 1949. Initially, he managed the credit union from his briefcase at the Somerville Street fire station. This scholarship acknowledges his vision and dedication to serving the financial needs of the community.
- Wilbur L. Jenkins: Wilbur L. Jenkins served as a Director on the Supervisory Committee of Members First Credit Union for 34 years. He also held the position of the first Personnel Director for the City of Manchester. This scholarship recognizes his long-standing commitment to the credit union and the city.
- Michael L. Briggs: Officer Michael L. Briggs was a dedicated five-year veteran of the Manchester Police Department. He tragically passed away in October 2006 as a result of injuries sustained in the line of duty. This scholarship honors his service and sacrifice to the community.
Eligibility Requirements
To be eligible for the Members First Credit Union Scholarship, applicants must meet the following criteria:
- Must be a Member of Members First Credit Union (in New Hampshire) for at least one year, or have a parent/guardian who has been a Member of the credit union for at least one year, by the application deadline.
- Applicants must be either employed by the City of Manchester or the Manchester School District.
Additional Opportunities
In addition to the main scholarship program, Members First Credit Union offers other opportunities for members to receive financial assistance for education:
- GPA Scholarship: Members who achieve a GPA of 3.0 or higher, or an A or B average, are encouraged to submit their end-of-term/semester report cards or transcripts. These are collected from May through August and December through January. Two names are randomly drawn, and the winners are awarded a $250 scholarship payable to their college or technical school.
Additional Programs and Services
Members First Credit Union offers a variety of programs and services designed to support its members' financial well-being:
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- Auto Buying Assistance: MembersFirst provides guidance and support throughout the auto buying process, helping members make informed decisions.
- Credit Builder Loan: This unique loan program is designed to help young people with no credit history establish credit safely and smartly. Borrowers can borrow up to $1200 for a maximum term of 15 months. The loan proceeds are held in a regular savings account for the full term of the loan, and borrowers make consistent, manageable payments. *Loan and credit card applicants under the age of 21 must have parent/guardian approval.
Importance of Investing in the Future
"At Members First Credit Union, we believe in investing in our community’s future by supporting local students," said Courtney Fifield, President and CEO of Members First Credit Union. The scholarship program and other financial assistance initiatives demonstrate the credit union's commitment to empowering students and fostering a brighter future for the Manchester community.
Rules for Online Comments
The Members First Credit Union also maintains standards for online comments related to the scholarship and other programs:
- Be Nice.
- No Libel. That’s saying something is not true about someone.
- Keep it clean. Nothing vulgar, obscene, or sexually related.
- I reserve the right to remove any comments that violate our rules or are inappropriate. I am not responsible for what is posted.
- Limit your comments to the subject in this story only, and limit comments to 1,500 characters or less. Do not post copyrighted material.
- No posts may advertise a commercial business, political candidate, or political group.
- Commenting too many times may result in your comments not being allowed.
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