State schools

People Over Profit Foundation and Silver State Schools Credit Union Announce 2022 Scholarship Program Recipients

The Silver State Schools Credit Union (SSSCU) Board of Trustees announces its ten scholarship recipients for the 2022 People Over Profit (POP) Foundation Scholarship Program. Each selected winner is a high school student from Southern Nevada and will receive a $2,000 scholarship, renewable for up to four years, for a total of $8,000, to be used for higher education.

The award-winning credit union has awarded more than $800,000 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 .

The scholarships are named after past and current board members, as well as the credit union’s charitable foundation, Silver State Schools CU People Over Profit (POP). In recognition of 31 years of volunteer service to the Silver State Schools Credit Union, the Teresa Yeoman Scholarship was established as part of the ten 2022 scholarships awarded. Ms Yeoman, who retired from the board in 2021, served on the board for 14 of her 31 years of service, most recently as board chair.

“Each year, our nominees continue to increase the level of dedication to their academic and extracurricular 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 here to support them as they take the next step in their lives.

Selected by the Board of Trustees’ Scholarship Committee, the winning students were recognized at the virtual Silver State Schools Credit Union Annual Membership Meeting, held Saturday, April 30, 2022 at 10 a.m. a.m. PST. The 2022 scholarship recipients are:

Gage Bishop – Arlene Parkinson Scholarship

Savannah Taylor – Bart Roche Scholarship

Yareli Heredia – Leonard Petoske Scholarship

Olivia Pretner – William Moore Scholarship

Emma Foster – Terry Mannion Scholarship

Taylor Spurk – Harold McKay Scholarship

Jacob Cottino – Andrew Hunter Scholarship

Jasmine Chung – Joyce Woodhouse Scholarship

Liberty McDermott – Teresa Yeoman Scholarship

Tessa Wallington – Silver State Schools CU POP Foundation Scholarship

Silver State Schools Credit Union will continue to provide educational resources through scholarships, financial education, and distance learning tools through our relationships with the Clark County School District, Preparatory Schools, 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 leadership team established the Silver State Schools CU People Over Profit (POP) Foundation, a 501 nonprofit charitable organization. (c)(3) Nevada. in 2019. As the charitable arm of SSSCU, the POP Foundation strives to improve education and financial literacy by providing students in Southern Nevada with tools, resources, and access to build a better future through educating , empowering and improving our community for the greater good . From partnering with like-minded local nonprofits, to uncovering unmet needs within our community, we look forward to doing more for students in Southern Nevada. When you donate to the Silver State Schools CU People Over Profit (POP) Foundation, your financial support enables us to put funds toward improving the lives of young people in our community. To make a tax-deductible donation and make a lasting difference in a child’s life, 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 cooperative that prioritizes people over profit. The Credit Union serves more than 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 simple, secure and practical banking products. 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 of $103 million, or 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 $250,000 of additional insurance per account. This institution is not insured by the federal government. For more information, visit silverstatecu.com.

(Attached image of scholarship winner: L-R: Yareli Heredia, Jacob Cottino, Tessa Wallington, Olivia Pretner, Taylor Spurk, Scott A. Arkills, President and CEO, Silver State Schools Credit Union, Jasmine Chung, Savannah Taylor, Gage Bishop)