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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. 

Applications for the 2021-2022 school year are now closed. 

Charles Perkins Scholarships

Three $1,500 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 $1,500 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 $1,500 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 2-$1,000 scholarships to LBHS graduates who demonstrate exemplary character and academic achievement.

Virginia Tech General Scholarship Fund

Freedom First contributes each year to the Virginia Tech General Scholarship Fund.

For more information, contact our Community Development Team below.

In 2018-2019, Freedom First awarded $561,442 in Community Investment Grants, scholarships, and event sponsorships.

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