First Financial Foundation 2014 Scholarship – Call for Entries

Happy group of students

This year, our non-profit organization — the First Financial Foundation – will be awarding (4) $500 scholarships to undergraduate students who apply on or before 11:59pm on June 30, 2014 for its Erma Dorrer Literary Scholarship.

There is one scholarship topic this year, applicants will need to answer the following question to qualify:

In today’s world, Identity Theft, Building Credit and Maintain Good Credit are essential elements in our financial lives.  How will you address these essential financial elements during your college years, and how will you guide your friends and family to address the above elements?  Your response should include details about how to protect yourself and what others should do to protect themselves from ID Theft, as well as how you plan to build credit and maintain credit for your financial future.

Applicants can submit either a written essay or video clip to answer the question.  Video clips should be recorded and uploaded to YouTube prior to applying. Creativity is encouraged! Essay or video should include your ideas for identity theft protection, and building and maintaining good credit and why these elements are important.

To qualify:

  • The scholarships will be awarded to First Financial members (as of December 31, 2013) who will attend (Fall 2014 Semester) or are currently attending a 2 or 4 year college anywhere within the country.
  • There are no age restrictions to apply – however this scholarship program is open to undergraduate students only, and trade or technical school students will not qualify.
  • A valid copy of either a college acceptance letter, student schedule, or registration confirmation must accompany all applications.

Winners will be announced by July 21, 2014.

Click here to view the 2014 Erma Dorrer Literary Scholarship Terms and Conditions.

*To apply, please email the essay or the link to your video to the First Financial Foundation at foundation@firstffcu.com, or you may send a printed copy of your essay, CD or flash drive (these will not be returned to you), and supporting documentation to the First Financial Foundation at PO Box 1172, Toms River NJ 08754.  Please be sure to list your contact information on your entry including your full name, address, phone, email, membership number and date of membership, where you are currently or will be attending college in the Fall 2014 Semester, any volunteer work you participate in, and a valid copy of either a college acceptance letter, student schedule, or registration confirmation to a 2 or 4 year college. 

First Financial Foundation Names Amanda Sayko of Howell Winner of 2013 Scholarship

Press Release

Amanda SaykoPictured Above: Amanda Sayko of Howell

The First Financial Federal Credit Union Foundation (www.firstfinancialfoundation.org) recently awarded a $1,000 scholarship to Amanda Sayko of Howell, who recently began her freshman year at Penn State Erie, The Behrend College – majoring in science. Sayko graduated from Howell High School in June 2013, with an impressive 4.4 GPA.

Three winners were chosen overall for the First Financial Foundation’s 2013 Erma Dorrer Literary Scholarship.

This year’s scholarship topic was:

Due to heavy competition in New Jersey with banks and financial institutions on every corner, how can First Financial bring in new credit union members? How can we differentiate ourselves and successfully carry out a membership drive within the community to recruit new members? Please answer the question as if you were a First Financial executive – what would you do to educate the local community about the benefits of a credit union membership?

Applicants submitted a written essay or video clip to answer the question, and had to be a member of the credit union by 12/31/12 and about to attend for fall 2013 – or currently attending a 2 or 4 year college anywhere in the country.

Sayko submitted an essay explaining why reaching out to the public would help First Financial bring in new members, and in her essay she stated, “People need to feel a connection with the everyday people they trust their money with. They need to ask questions and talk to their bankers face to face.  That is one of the things I like about First Financial. When I go in to deposit my paycheck I talk to the same people every time. They are friendly and personable employees who actually know who I am.  You don’t get that feeling at a larger financial institution.” Later she added, “To me, personal relationships are the key factor when it comes to trusting people with your money.  For the current generations, large banks have lost the trust of the general public, and First Financial should emphasize how credit unions are trustworthy and a not for profit entity; separating it from its competitors.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan.  “Our credit union puts a high priority on education, after all – that’s how First Financial began 77 years ago, with a group of schoolteachers in Asbury Park.”

First Financial Foundation Names Kevin Rogers of Ocean Township Winner of 2013 Scholarship

Press Release:

Kevin Rogers

The First Financial Federal Credit Union Foundation (www.firstfinancialfoundation.org) recently awarded a $1,000 scholarship to Kevin Rogers of Ocean Township, who is currently attending the School of Criminal Justice and Public Administration at Kean University in Union, NJ.

Three winners were chosen overall for the First Financial Foundation’s 2013 Erma Dorrer Literary Scholarship.

This year’s scholarship topic was:

Due to heavy competition in New Jersey with banks and financial institutions on every corner, how can First Financial bring in new credit union members? How can we differentiate ourselves and successfully carry out a membership drive within the community to recruit new members? Please answer the question as if you were a First Financial executive – what would you do to educate the local community about the benefits of a credit union membership?

Applicants submitted a written essay or video clip to answer the question, and had to be a member of the credit union by 12/31/12 and about to attend for fall 2013 – or currently attending a 2 or 4 year college anywhere in the country.

Rogers submitted an essay explaining why First Financial should focus new membership on high school and college students. In his essay he stated, “Although most students generally have not yet achieved the type of financial stability it takes to be able to make large deposits, the contributions that they can make should be of particular interest to a credit union. The reason is that many high school students are interested in having part-time jobs during the school year as well as in the summer, and the schools are already educating them on how to effectively handle their own finances. Financial literacy studies are required for graduation in most high schools and for college students who are pursuing disciplines involving business administration with concentrations in finance and/or economics. In addition, bringing students into the credit union will introduce them to all First Financial has to offer – while financially educating and setting them up with various financial products for every stage of their future.”

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan.  “Our credit union puts a high priority on education, after all – that’s how First Financial began 77 years ago, with a group of schoolteachers in Asbury Park.”

First Financial Foundation Announces Winners of 2013 Erma Dorrer Literary Scholarship

Press Release

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(L to R): First Financial’s President/CEO, Issa Stephan with 2013 scholarship recipient Christen Corrado. Not pictured: 2013 scholarship winners Kevin Rogers and Amanda Sayko.

The First Financial Federal Credit Union Foundation (www.firstfinancialfoundation.org) recently awarded $1,000 scholarships to three deserving undergraduate students.

This year’s winners included: Kevin Rogers, Ocean Township, Monmouth University (started Fall 2011); Christen Corrado, Freehold, Rowan University, School of Engineering (started Fall 2011); and Amanda Sayko, Howell, Penn State Erie, The Behrend College (started Fall 2013).

This year, there was one scholarship topic for student applicants to respond to:

Due to heavy competition in New Jersey with banks and financial institutions on every corner, how can First Financial bring in new credit union members? How can we differentiate ourselves and successfully carry out a membership drive within the community to recruit new members? Please answer the question as if you were a First Financial executive – what would you do to educate the local community about the benefits of a credit union membership?

Applicants submitted a written essay or video clip to answer the question of their choice, and had to be a member of the credit union by 12/31/12 and about to attend for fall 2013 or currently attending a 2 or 4 year college anywhere in the country.

“We are thrilled to be able to aid these admirable and bright young students in their journey of success and education,” said First Financial President and CEO, Issa Stephan.  “Our credit union puts a high priority on education, after all – that’s how First Financial began 77 years ago, with a group of schoolteachers in Asbury Park.”

Congratulations to our 2013 scholarship recipients and thank you to all of this year’s applicants!

First Financial Foundation 2013 Scholarship – Call for Entries

collegestudents

This year, our non-profit organization — the First Financial Foundation — will be awarding (3) $1,000 scholarships to undergraduate students who apply on or before July 31, 2013 for its Erma Dorrer Literary Scholarship.

There is one scholarship topic this year, applicants will need to answer the following question to qualify:

Due to heavy competition in New Jersey with banks and financial institutions on every corner, how can First Financial bring in new credit union members? How can we differentiate ourselves and successfully carry out a membership drive within the community to recruit new members? Please answer the question as if you were a First Financial executive – what would you do to educate the local community about the benefits of a credit union membership?

Applicants can submit either a written essay or video clip to answer the question.  Video clips should be recorded and uploaded to YouTube prior to applying. Creativity is encouraged! Your essay or video should include your ideas for carrying out a new membership campaign.

To qualify:

  • The scholarships will be awarded to First Financial members (as of December 31, 2012) who will attend (Fall 2013 Semester) or are currently attending a 2 or 4 year college anywhere within the country.
  • There are no age restrictions to apply – however this scholarship program is open to undergraduate students only, and trade or technical school students will not qualify.
  • A valid copy of either a college acceptance letter, student schedule, or registration confirmation must accompany all applications.

Winners will be announced by August 15, 2013.

*To apply, please email your essay or the link to your video to the First Financial Foundation at foundation@firstffcu.com, or you may send a printed copy of your essay, CD or flash drive (these will not be returned to you), and supporting documentation to the First Financial Foundation at PO Box 1172, Toms River NJ 08754.  Please be sure to list your contact information on your entry including your full name, address, phone, email, membership number & date of membership, where you are currently or will be attending college in the Fall 2013 Semester, any volunteer work you participate in, and a valid copy of either a college acceptance letter, student schedule, or registration confirmation to a 2 or 4 year college.