Scholarship Competition

Fund your education with confidence.

Richard E. Baumunk Memorial Scholarship

If you are planning to attend an institution of higher learning immediately after graduation, you may be interested in Patriot’s Richard E. Baumunk Memorial Scholarship competition. The winner will receive a $5,000 scholarship awarded over 2 years, with the second year’s distribution contingent upon a first year GPA of 2.5.

Scholarship Information

Richard E. Baumunk was one of Patriot’s original board members. He was a genuine believer in higher education, and Patriot Federal Credit Union is proud to play an integral part in his legacy.

To qualify for the scholarship, you must meet the following requirements:

Be a member of Patriot with at least $5 in your share savings account
Be an upcoming high school graduate with a GPA of 2.5 or higher and be accepted as a full-time student at an institution of higher learning carrying 12 credit hours or more
Submit a 300 – 500 word typed essay answering the following prompt:
- Your new target membership for the credit union is young adults, ages 18 to 30 years old. Tell us what your plans would be to attract new members and meet their needs.

Father and son putting money in piggy bank

Application Process

Complete the form below and attach your essay.

Name(Required)

First Last

Phone(Required)

Email(Required)

Address(Required)

Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

Essay Submission(Required)

Max. file size: 50 MB.

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Mailing Option:

Submit a cover sheet with your name, address, telephone number, and Patriot account number, along with your essay to:

Patriot Federal Credit Union
Scholarship Competition
ATTN: Marketing Department
P.O. Box 778
Chambersburg, PA 17201-0778

Essays must be submitted to Patriot’s Marketing Department by February 1st.

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Disclosures

Patriot employees, Patriot Board Members, and their immediate family members are not eligible.
This credit union is federally insured by the National Credit Union Administration.
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