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SAFE CU to Award $10,000 in Local Scholarships

North Highlands, Calif. January 11, 2010 - SAFE Credit Union is seeking exceptional teens for scholarship opportunities. As part of SAFE’s scholarship program, ten college-bound high school seniors will each be awarded $1,000 for their outstanding achievements this spring. Recipients will be chosen based on exceptional grade-point averages, community service, and letters of recommendation. Each student will also be asked to submit a personal composition on how their education will benefit the community.

The program is open annually to students who live or attend school in Sacramento, Placer, Yolo, Yuba, Sutter, Amador, Butte, Contra Costa, Nevada, San Joaquin, Solano, or El Dorado Counties. In 2009, ten amazing students were recognized from 115 candidates. The application package for 2010 is available online at safecu.org and at SAFE branches. Applications must be postmarked no later than April 5, 2010 to be eligible.

SAFE’s scholarship program started in 2001 and has since grown to include an additional $10,000 in support of Sacramento County Office of Education Academic Decathlon participants. The program underscores its commitment to youth and local schools, says SAFE President and CEO Henry Wirz.

“We want to provide students with the resources they need to improve their well-being,” Wirz says. “By rewarding outstanding academic achievement, we hope to encourage all students to thrive. By providing financial literacy resources, we hope to help them make responsible decisions as they transition to college life.”

The scholarship program is just one of the many resources that SAFE has extended to community youth. Rio Linda High School, for example, partnered with SAFE and opened an on-campus branch in 2005. The award-winning student-run branch program has opened a conversation about the importance of fiscal responsibility and smart saving. Students learn through day-to-day branch operations, by managing their own accounts, and through classroom workshops sponsored by SAFE.    

Established in 1940, SAFE Credit Union maintains assets in excess of $1.6 billion and serves more than 150,000 members through 21 branches in the greater Sacramento region.