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Bay Federal Credit Union Accepting Applications for Education Scholarships

Capitola, CA – December 10, 2015 – Bay Federal Credit Union is now accepting applications for its 2016 Education Scholarship contest. Three winners will each receive $1,500 to pay for post-secondary education expenses at any accredited college, university, trade/technical school, or career education program in the fall of 2016. The deadline for submissions is Saturday, January 30, 2016.

The application must be submitted with supplemental documents and an original essay on an impactful financial experience. Eligible applicants must have earned a high school diploma or GED certificate by September 1, 2016, and have a Bay Federal Credit Union savings account in good standing when submitting their applications. The application and additional information are available at and at all Bay Federal Credit Union branches.

“This scholarship is a unique opportunity for students of all academic levels to receive money for college or career training after high school,” said Carrie Birkhofer, President and CEO of Bay Federal Credit Union. “It’s also a great way for students to learn and teach others about personal finance.”

Over the past eight years, the Credit Union has awarded 27 scholarships totaling $22,500. Winners will be notified by February 26, 2016, and will be honored at the Credit Union’s annual meeting on March 29, 2016.

About Bay Federal Credit Union

Bay Federal is a full-service, not-for-profit financial institution that serves over 59,000 members and 1,000 local businesses throughout Santa Cruz, San Benito and Monterey Counties. With more than $725 million in assets, Bay Federal Credit Union is the largest member-owned financial institution in Santa Cruz County, serving its members and the community since 1957. Since 2002, 100% of all employees have given their own money and volunteered for numerous local schools, nonprofit organizations, and community events.

Contact: Amy Ivey, VP Marketing and Development
Bay Federal Credit Union


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