Each year, the CU Foundation of Maryland and DC, a nonprofit organization promoting financial education, awards twelve $1,000 scholarships to college or trade school students belonging to Maryland or DC credit unions.

Recently, Five Star FCU member Tyler Ebersole was awarded a $1,000 CU Foundation scholarship for his excellent written essay explaining how credit unions were created, “Not for profit, not for charity, but for service.” Tyler, a student at the University of Alabama, was presented with the CU Foundation check by Five Star Board Chairman Paul Coakley on May 6, 2021.