First Financial Foundation Announces Winners of 2013 Erma Dorrer Literary Scholarship

Press Release


(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 ( 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!