GenFed Financial, Wadsworth awards local scholarship for education

7/6/16, Wadsworth, OH:  GenFed Financial awarded a $1,000 scholarship to a graduating senior from the Wadsworth community this spring.  The winner was selected based upon the originality, attention to detail, and organization of her essay.

The 2016 recipient was Larissa Richards from Wadsworth High School.  Ms. Richards plans to attend Malone University.

The award was handed out by Carol Shiverdecker, GenFed Member Service Representative.  Carol said, “I am so excited for Larissa and honored we can be a part of her future.”

This spring GenFed awarded $8,000 total in higher education scholarship funds to students throughout the communities served by GenFed.

Attachment: Wadsworth Community Scholarship winner Larissa Richards.

About GenFed Financial:  GenFed’s two Wadsworth branches serve almost 4,000 member/owner/account holders and have $35,914,797 in assets.  New members receive their first $25 deposit from GenFed.

GenFed Financial Credit Union is a not-for-profit financial institution that is owned by the account holders (also called members) and it exists for their benefit.  Credit unions don’t have stockholders and are able to return any profits to the members in the form of better rates, lower fees and increased services.  GenFed’s mission is to consistently “wow” every member/owner with superior service. GenFed has had the members’ best interests at heart for more than 75 years.

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