Silver State Schools Credit Union Announces 2021 Scholarship Program Available To Graduating Nevada High School Seniors
Continuing its tradition of preparing students for long-term success, Silver State Schools Credit Union (SSSCU) is proud to announce its 2021 Scholarship Program. The award-winning credit union has awarded more than $700K in scholarships to graduating Nevada High School Seniors since 1989, with its goal to build a better future for Southern Nevada students by educating, empowering, and enhancing the community.
Silver State Schools Credit Union recognizes Nevada High School seniors who demonstrate excellence in academics, extracurricular activities, and community involvement. In honor of its 70th-year celebration, SSSCU will award the “70th Anniversary Scholarship Award” this year, for a total of 10 scholarship to be awarded to deserving recipients. The scholarship program is designed for members graduating from an accredited High School within the State of Nevada in 2021.
The SSSCU Scholarship Program awards $2,000 scholarships renewable for up to four years, for a total of up to $8,000, to use towards higher education. Applicants must be SSSCU members and applications must be received electronically by the Credit Union by midnight on Friday, March 19, 2021. All applications must be submitted by email. The winning selections will be announced by the SSSCU Scholarship Committee and will be awarded at the 2021 SSSCU Annual Membership Meeting, to be held virtually, on Saturday, April 24th, 2021. For more information about the SSSCU Scholarship Program and to apply, visit silverstatecu.com/scholarships.
“It is very gratifying for us to recognize outstanding high school students and to assist them in achieving their educational goals,” says Scott A. Arkills, President/CEO, Silver State Schools Credit Union. “All of us at SSSCU are pleased to encourage young minds with higher education learning, and to motivate students with paid schooling to help build our future leaders for Southern Nevada.”
Over the past 70 years, SSSCU has continually provided educational resources through financial literacy, scholarships, and distance learning tools, for the community. For additional inquiries on scholarships, please call 702.733.8820 or email [email protected].
SSSCU, founded in 1951, is a state-chartered financial co-operative, with its purpose of Prioritizing People Over Profit. The Credit Union serves over 55,000 members of the educational community and their families in Nevada with ten branches throughout the Las Vegas Valley. SSSCU provides “Excellent Member Service and Financial Solutions – for Life!” via a wide range of banking products that are simple, secure, and convenient. As of December 31, 2020, SSSCU reported deposits of $896 million, total assets greater than $994 million, and loans of $626 million. Liquidity remains strong at $220 million, and the credit union is well-capitalized with a regulatory net worth at $92 million, equal to 9.28% of total assets. Accounts are insured up to $500,000. American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account. This institution is not federally insured, and if the institution fails, the Federal Government does not guarantee that depositors will get back their money. For more information, visit silverstatecu.com.
