Bismarck, ND – January 15, 2020 - The Credit Union Foundation of the Dakotas (CUFD) is excited to announce they will once again be awarding twenty $500 scholarships for applicants that exemplify the credit union philosophy of “people helping people” through volunteering, community service, and leadership. Ten scholarships will be awarded to North Dakota applicants and ten to South Dakota applicants who are members in good standing of a Credit Union Association of the Dakotas (CUAD) affiliated credit union. This is the third consecutive year that CUFD will be awarding $10,000 to students pursuing their further education.

Eligibility Requirements:

• Applicant must have been a credit union member for at least one year and account must be in good standing.

• Applicant must be planning to attend an accredited college or university or technical/vocational school in the fall upon high school graduation OR be currently enrolled in an accredited college or university or technical/vocational school OR planning to enroll in an accredited college or university or technical/vocational school.

• Credit union must be affiliated with the Credit Union Association of the Dakotas.

Additional information and scholarship application form can be found on our website at www.cuad.coop/scholarships or by contacting your local credit union. Applications must be postmarked by March 31. The scholarship winners will be announced in May 2020.

About the Credit Union Foundation of the Dakotas

The Credit Union Foundation of the Dakotas (CUFD) is the charitable arm of the Credit Union Association of the Dakotas. Its purpose is to build community awareness of Dakota credit unions through the support of children’s charities, community and social impact organizations or projects, financial education and financial literacy programs through the credit union chapter system, and to provide higher education scholarships throughout our service region in the Dakotas.

About the Credit Union Association of the Dakotas

The Credit Union Association of the Dakotas (CUAD) is the professional financial trade association serving 72 credit unions that employ nearly 2,200 individuals in 230 branches. With more than 492,000 members in North and South Dakota, Dakota credit unions have assets in excess of $7.1 billion and currently are providing Dakota consumers with over $5 billion in loans. In our mission to help credit unions succeed, CUAD plays a key role in growing membership and helping to provide service excellence to members from offices in Bismarck, ND and Sioux Falls, SD. For more information about CUAD visit our website at www.cuad.coop.