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MFCU Scholarships

MFCU Scholarships will be back in 2021!

A note to 2020 Applicants:

2020 applications are currently being reviewed. Our judges are working diligently to review all of the applications and we plan to reach out to our winners by June 5th, 2020. Thank you for your patience!

At Members First Credit Union, we believe in the power of education and financial literacy. Our first branch started in a junior high classroom way back in 1936 for Midland County teachers. We’ve come a long way since that classroom branch, but our commitment to educating and empowering students remains strong. It is our desire to reward students for their classroom and community involvement and successes.

MFCU awards a total of $10,000 in scholarships, to be split between four students, in $2,500 increments. Scholarship recipients are selected on a number of criteria including:

  • Academic record
  • Short essay response (200-500 words)
  • Participation in community activities/honors/work experience
  • Education and career goals.

Those applying for a scholarship must meet the following guidelines:

  • Must be the primary owner of a Members First Credit Union account in good standing
  • Must be attending or have graduated from an accredited high school
  • Must be accepted/enrolled in an accredited institution and/or working towards their first undergraduate degree
  • Two written recommendations, preferably from one present or former instructor and one employer dated within last five month


    Create a 2-minute video* explaining “What does the credit union promise of People Helping People mean to you?”
  • Must include transcript from high school or college, can be unofficial
  • Must provide an essay outlining goals, aspirations, college, and career plans

If you have any questions, please contact Emily Oldenkamp via email at or via phone at 855.835.6328 ext. 3674.

*Video submission rules: video must be uploaded to YouTube. Please note that you must select "public" or "unlisted" in the privacy settings found under the broadcasting and sharing options section when uploading your video file to YouTube otherwise we will be unable to access your submission. Please note that selecting “public” will make the video available for anyone to view. You must also include the entire URL on this submission form. You, the applicant, are responsible for retaining at least one copy of the video in the event of a damaged or lost file.

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Members First Credit Union | P.O. Box 2165 | Midland, MI 48641
Phone 855-835-MFCU (6328) |

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