Financial Resources FCU Foundation Announces Annual Scholarship Program

Posted on May 16, 2011 By

Bridgewater, N.J. – The charitable foundation of Financial Resources Federal Credit Union will be awarding three $1000.00 scholarships to high school seniors preparing for college or technical school. Applicants must either be credit union members or be residents of Somerset, Middlesex, or Hunterdon counties. 

For the first time, applicants will be judged on SAT scores, if applicable; academic performance, community involvement, teacher recommendations, and personal goals, rather than an essay, which was used in years past as the basis for awarding scholarships. 

Lena Matthews, Chairman of the Foundation and President and CEO Financial Resources Federal Credit Union says, “The new format allows us to assess the candidates across a broader range of criteria.  We’re considering their experiences and scholastic achievements as a whole, rather than just their ability to deliver a well-written essay.”

Interested students can find the exact requirements and the scholarship application at:

Entries must be postmarked or received by the deadline June 30, 2011.

The scholarship funds must be used for tuition or textbooks and only at an accredited educational institution (a 2- or 4-year college, university, or technical school).

Completed scholarship applications should be mailed to: Financial Resources, Marketing Department, 520 U.S. Highway 22 East, Bridgewater, N.J., 08807-2410.

About Financial Resources Federal Credit Union

Financial Resources Federal Credit Union, formerly the Ethicon Employees Federal Credit Union,

is a federally chartered credit union that offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington, N.J., and the greater New Brunswick/Somerset, N.J. area.  Financial Resources is

regulated by the National Credit Union Administration (NCUA), and savings are federally insured

to at least $250,000 and backed by the full faith and credit of the United States Government. Headquartered in Bridgewater, N.J., Financial Resources has almost 25,000 members and total assets of $400 million.  Visit for more information.

 About Financial Resources FCU Foundation

The Foundation organizes and hosts charitable events on behalf of Financial Resources Federal Credit Union in support of charities and medical institutions that provide services to children.