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Premier personal finance website GOBankingRates recognizes Camino Federal Credit Union's dedication to community schools, providing scholarships to local high school students in districts serviced by the credit union.
MONTEBELLO, Calif., June 12, 2014 /PRNewswire/ -- GOBankingRates commends client Camino Federal Credit Union for its commitment to the financial success and education of its members, their families and the communities it serves. By offering scholarships to local, graduating high school seniors to help pay for the cost of advancing their educational goals, Camino stands out in the financial services industry.
"Today's recent graduates are burdened by massive student loan debt that will follow many for decades to come. Camino Federal Credit Union is demonstrating its commitment to the financial well-being of the community by giving young adults the chance to receive an education without committing to a lifetime of debt," said Casey Bond, editorial director for GOBankingRates.
On May 28, Camino Federal Credit Union presented $500 scholarships at its annual luncheon to 10 students from local high schools in the ABC and Norwalk-La Mirada Unified School Districts, including the Southeast ROP.
The scholarship finalists completed applications in the spring and were chosen by a panel of Camino representatives as part of the selection process.
A separate luncheon was held on June 9th to recognize students from the five high schools represented by the Montebello Unified School District, where the credit union is based.
"We're pleased to be able to again offer these scholarship awards to deserving students in each of these top-quality districts," said Ernesto Flores, President and CEO of Camino Federal Credit Union. "For more than seven decades, our organization has not only helped our members who live in these communities make a better life for themselves, but for their children as well. This scholarship program will hopefully help them do just that."
About Camino Federal Credit Union
Chartered in 1941, Camino Federal Credit Union is a member-owned financial cooperative serving the Southern California area through its main branch in Montebello and an additional branch location in Cerritos.
GOBankingRates.com (www.gobankingrates.com) connects consumers with the best credit unions, banks and interest rates nationwide, aggregating over 11 million rates from more than 6,000 institutions.
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