LBS Financial Credit Union Awards $20,000 in Scholarships to Local High School Seniors and College Students
Long Beach, CA – October 6, 2020 – LBS Financial Credit Union is proud to support and award scholarships to 36 students in Long Beach, Lakewood, Cerritos, and surrounding communities for the 2019-2020 school year.
LBS Financial encourages local area high schools, adult schools, and community colleges to participate in their scholarship program by selecting a deserving student to receive an award. This year LBS Financial Credit Union awarded scholarships of $500 to 36 schools. A total of 32 high school, 2 college, and 2 adult school students were awarded scholarships. The credit union works directly with each school to select the recipient and present a check and letter to the student. Between April and September 2020, many of the scholarships were mailed to the students, along with a congratulatory letter from the credit union.
The credit union also awarded two Members with $1,000 each for their perseverance, dedication, high academic performance, and community involvement. The $1,000 scholarships can be applied for by any member of the credit union that is currently enrolled as a high school senior or at an accredited college in his/her freshman-junior year at the time of application. This year’s recipients were Orange County School of the Arts graduate, Alyssa Tadeo, of Cypress and Long Beach McBride High School graduate, Koby Melvin, of Lakewood. Alyssa will be attending the University of California, Los Angeles and will be pursuing a degree in Electrical Engineering. Koby will be attending California State University, Long Beach and will be pursuing a degree in Aerospace Engineering.
About LBS Financial Credit Union
LBS Financial, founded in 1935 as the Long Beach School District Employees Federal Credit Union, is a member-owned cooperative providing savings, checking, Visa®, money markets, certificates, IRA, insurance and investment services. LBS Financial also offers personal, vehicle, boat and home loans. Their field of membership encompasses fifty cities surrounding the greater Long Beach area, as well as Riverside, San Bernardino, Orange and San Diego Counties. They currently service over 135,000 members with seven branch office locations, convenient electronic access (ATMs, online banking and mobile banking) and are part of the CO-OP ATM and Shared Branching Networks. LBS Financial Credit Union has over $1.6 billion in total assets.