SECU to Award Scholarships

SECU – Maryland’s largest financial cooperative – will award 13 scholarships to Maryland state employees and members of their immediate families who will be attending college, graduate school, or trade school in the fall of 2014.


The scholarships will be announced and presented at a ceremony to be held at 4:30 p.m. on Tuesday, June 10, at Towson University’s SECU Arena, Auburn Drive, Towson, MD. 


Speakers at the ceremony will include Dr. Allen Cox, Managing Director of the Maryland Coalition for Financial Literacy; Dr. Maddy Halbach, Director of the Howard County Public School System Academy of Finance; and Van Brooks, founder of the Safe Alternative Foundation for Education, Inc. (SAFE).


“The State Employee Scholarship Program represents part of SECU’s continuing commitment to both financial and scholastic education,” says Peggy Young, Vice President of Marketing at SECU. “SECU is fully committed to helping our communities become stronger and financially healthier, one member and one household at a time.”


According to Young, SECU has awarded $240,000 in scholarships over the past seven years to Maryland state employees and family members participating in the State Employee Scholarship Program.


Beyond SECU’s commitment to education and community, the State Employee Scholarship Program recognizes that state employees and their families have always been at the heart of SECU. “While we do not serve state employees exclusively, we have always felt a special kinship with them,” Young notes. “The Scholarship Program recognizes that special relationship.”


To be eligible for SECU’s State Employee Scholarship Program, students had to be Maryland state employees or members of the immediate families of Maryland state employees. Winners must be enrolled or accepted into a college, university, trade, or technical school. Twelfth graders who plan to attend college next fall were also eligible.


In keeping with SECU’s core values which encourage employees to donate both time and resources to support numerous community events and charities each year, participating students had to either write a 750-1,000 word essay – or for the first time ever, create a 1-2 minute video in which they described their experiences helping their communities, and why community involvement is so important to them. If currently in high school or college, each participating student also had to submit a copy of his or her transcript or most recent report card.


For more information, visit https://www.secumd.org/community/scholarships.aspx.




Founded in Baltimore in 1951, SECU is the largest state-chartered financial cooperative in Maryland, with over 230,000 members. SECU is ranked among the top 50 credit unions for total assets in the U.S. As of March, 2014, assets were $2.8 billion. Headquartered in Linthicum, MD, SECU has 22 branches and 106 ATMs throughout Maryland. SECU also provides access to over 72,000 free ATMs through the CO-OP and Allpoint networks. For more information about SECU, visit secumd.org.






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