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Freedom First Credit Union


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Investing in the Rich Minds of Our Community

Freedom First Credit Union awards nearly $10,000 each year in academic scholarships. Are you in college or in your final year of high school? You may be eligible.

Check back in early 2019 for the next round of applications.

We will announce our 2018 awardees later this year.

Scholarship recipients posting with their certificates; caption: Scholarships, $19,000 in scholarships, #bankforgood

Cabell Brand Scholarship

Freedom First funds a $1,000 scholarship awarded by the Cabell Brand Center for Global Poverty and Resource Sustainability Studies Scholarship Program.

Charles Perkins Scholarships

Three $1,000 scholarships are named in honor of Charles Perkins, who served as general manager and president of Freedom First Credit Union.

City of Salem/Frank Turk Scholarship

One $1,000 scholarship is named in recognition of the City of Salem Employees Credit Union. Frank Turk served as its president from 1978-2004. Freedom First is grateful for the many years that Frank Turk served on its Board of Directors.

Fritz Kehn Scholarship

One $1,000 scholarship is dedicated to the memory of Fred C. "Fritz" Kehn, who was one of the original charter members of the Credit Union. A former General Electric sheet metal foreman in Salem, Fritz served as the first Credit Union president in 1956.

Torie Phillips Memorial Scholarship

Freedom First Credit Union sponsors the Torie Phillips Memorial Scholarships, which honors the memory and life of Lord Botetourt High School student Torie Phillips through scholarships to LBHS graduates who demonstrate exemplary character and academic achievement.

Virginia Tech General Scholarship Fund

Freedom First contributes $2,500 each year to the Virginia Tech General Scholarship Fund.

For more information, contact our Community Development Team below.

In 2016-2017, Freedom First gave $19,000 in scholarships to area students.

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