PARDA Credit Union

PARDA 2011 Scholarship Program

PARDA Federal Credit Union’s scholarship program was established to recognize
Credit Union members who have shown scholastic excellence, leadership in their school and community and are interested in advancing their education. PARDA will award five worthy candidates with a $1,000 scholarship.

Applicants must be in good standing* and a member for at least one year. They must also have a minimum Grade Point Average (GPA) of 3.0, and be accepted to an accredited college or university they will attend beginning fall of 2011.

Click here to download the application along with a list of rules. Applications and essays must be postmarked on or before April 30, 2011 to be considered.

For more information about PARDA’s scholarship program, contact 800.860.5640 or visit your local branch.

* Member in good standing includes the following: maintained the minimum par share value for the preceding 12 months, has had no NSF’s or negative balance conditions for the preceding 12 months and has not had any delinquent loans or credit card accounts for the preceding 12 months.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.
National Credit Union Administration, a U.S. Government Agency

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a ''noninterest-bearing transaction account'' are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules.

The term ''noninterest-bearing transaction account'' includes a traditional share draft account on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, PARDA Premier Account, Primary Shares, Share Certificates and Sub-Accounts, even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, www.ncua.gov

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