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Fryzel Praises Polish & Slavic FCU’s Scholarship Program

ALEXANDRIA, Va. (June 17, 2013) – National Credit Union Administration (NCUA) Board Member Michael E. Fryzel praised the Polish & Slavic Federal Credit Union’s scholarship program and student outreach as an example of “people helping people.”

“The credit union’s commitment to supporting the education of tomorrow’s leaders is commendable and to be applauded,” Fryzel said. “When the credit union provides scholarships to these students, it’s a clear example of the founding philosophy of the credit union movement—people helping people.”

Fryzel was an honored guest at the Polish & Slavic Federal Credit Union’s 2013 Scholarship Ceremony in Mt. Prospect, Ill., on June 15.

Polish & Slavic Federal Credit Union’s scholarship program supports high school, undergraduate and graduate students whose outstanding academic achievements proved them to be the credit union’s talented and brightest members.

During Saturday’s ceremony, 37 credit union members received scholarships ranging from $500 to $5,000. The celebration was part of the 2013 scholarship program that awarded 269 winners in Illinois, New York and New Jersey.

Fryzel said the scholarship program demonstrated the credit union’s strong roots in the Chicagoland community and its role as a strong force in the financial industry.



NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 98 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.

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National Credit Union Administration

Office of Public & Congressional Affairs

703.518.6330
pacamail@ncua.gov

Contacts:

John Fairbanks
Office: 703.518.6336
jfairbanks@ncua.gov

Ben C. Hardaway
Office: 703.518.6333
Mobile: 703.298.5223 bhardaway@ncua.gov

Kenzie Snowden
Office: 703.518.6334
ksnowden@ncua.gov

"Protecting credit unions and the consumers who own them through effective regulation"