Silver State Schools Credit Union’s (SSSCU) Board of Directors announces its ten scholarship recipients for the 2022 People Over Profit (POP) Foundation Scholarship program. Each winner selected is a Southern Nevada High School Senior and will receive a $2,000 scholarship, renewable for up to four years, for a total of up to $8,000, to use towards higher education.
The award-winning credit union has awarded more than $800K in scholarships to graduating Nevada High School Seniors since 1989. The scholarship program recognizes seniors who demonstrate excellence in academics, extracurricular activities, and community involvement.
Scholarship awards are named after past and current Board Members as well as the Credit Union’s charitable foundation, the Silver State Schools CU People Over Profit (POP) Foundation. In Recognition of the 31 years of volunteer service to Silver State Schools Credit Union, the Teresa Yeoman Scholarship Award was established as part of the ten 2022 scholarships being awarded. Ms. Yeoman, who retired from the Board of Directors in 2021, served on the Board for 14 of her 31 years of service, most recently as Board Chairman.
“Every year, our applicants continue to increase the level of dedication to their academic and extra-curricular achievements, as well as their unwavering commitment to making a difference with their peers, schools, and community,” said Scott A. Arkills, President and CEO, Silver State Schools Credit Union. “Our recipients have the qualities to become the future leaders of our communities, and we are there to support them as they begin the next phase of their lives.”
Selected by the Scholarship Committee of the Board of Directors, the winning students were recognized at the Silver State Schools Credit Union virtual Annual Meeting of Members, which was held on Saturday, April 30, 2022, at 10:00 a.m. PST. The 2022 scholarship recipients are:
Gage Bishop – Arlene Parkinson Scholarship Award
Savannah Taylor – Bart Roche Scholarship Award
Yareli Heredia – Leonard Petoske Scholarship Award
Olivia Pretner – William Moore Scholarship Award
Emma Foster – Terry Mannion Scholarship Award
Taylor Spurk – Harold McKay Scholarship Award
Jacob Cottino – Andrew Hunter Scholarship Award
Jasmine Chung – Joyce Woodhouse Scholarship Award
Liberty McDermott – Teresa Yeoman Scholarship Award
Tessa Wallington – Silver State Schools CU POP Foundation Scholarship Award
Silver State Schools Credit Union will continue to provide educational resources through scholarships, financial literacy, and distance learning tools through our relationships with the Clark County School District, Preparatory Schools, the Nevada Higher Education Systems, and Vegas PBS.
Recognizing the positive impacts of its employees, the Silver State Schools Credit Union (SSSCU) Board of Directors and its Executive Team established the Silver State Schools CU People Over Profit (POP) Foundation, a Nevada nonprofit charitable 501(c)(3) organization in 2019. As the charitable arm of SSSCU, the POP Foundation strives to elevate education and financial literacy by providing Southern Nevada students with tools, resources, and access to build a better future by educating, empowering, and enhancing our community for the common good. From partnering with like-minded local nonprofit organizations, to uncovering unmet needs within our community, we are eager to do more for Southern Nevada students. When you donate to the Silver State Schools CU People Over Profit (POP) Foundation, your financial support enables us to put funds toward bettering the lives of young people in our community. To give a tax-deductible donation and make a lasting difference in the life of a child, or learn more about the POP Foundation, please visit popfoundation.com.
Silver State Schools Credit Union (SSSCU), founded in 1951, is a state-chartered financial co-operative Prioritizing People Over Profit. The Credit Union serves over 56,000 members of the educational community, as well as the community at large and their families, with ten branches in Southern Nevada. 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 March 31, 2022, SSSCU reported total assets of $1.145 Billion, deposits of $1.054 Billion, and loans of $645 Million. Liquidity remains strong at $173 Million, and the credit union is well-capitalized with a regulatory net worth at $103 Million, equal to 8.99% of total assets. Accounts 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. For more information, visit silverstatecu.com.
(Attached Scholarship Winner Image: Pictured Left to Right – Yareli Heredia, Jacob Cottino, Tessa Wallington, Olivia Pretner, Taylor Spurk, Scott A. Arkills, President/CEO, Silver State Schools Credit Union, Jasmine Chung, Savannah Taylor, Gage Bishop)