Calhoun High School Senior Nicholas Nazario Wins $5,000 Scholarship from Municipal Credit Union

Nicholas Nazario of Merrick has been named the recipient of the 2016 Willie James Memorial Scholarship awarded by Municipal Credit Union (MCU). Nicholas, who graduates from Sanford H. Calhoun High School this month, plans to use his scholarship to attend Rensselaer Polytechnic Institute where he will study computer science and computer engineering.

Nicholas is one of eight recipients of MCU's 2016 memorial scholarships. This year, MCU awarded $66,000 in scholarships to college-bound graduating high school seniors: eight memorial scholarships of $5,000 each and 13 grants of $2,000 each. Eligibility for the MCU scholarships was open to an MCU member, a child, or a grandchild of a member in good standing. Selection was based on academic performance, extracurricular activities, demonstrated community service, letters of recommendation, and an essay expressing personal goals. The scholarships are part of MCU’s long-standing, larger corporate commitment to youth education across the greater New York City area.

2016 is Municipal Credit Union's Centennial Celebration year. Called the Credit Union of Employees Conference Committee when it first opened its doors on October 15, 1916 in Manhattan's Municipal Building, MCU has been growing strong ever since. Today, MCU serves more than 400,000 members. MCU is celebrating its 100th anniversary all during 2016 through various programs to give back to the communities it serves.

Municipal Credit Union (MCU) is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has assets of more than $2.4 billion and offers a full range of financial services to its more than 400,000 members. With branches in New York City, Westchester and Long Island, its members also have access to the credit union’s large and growing ATM network. Eligibility to open accounts at MCU is available to New York City and Yonkers municipal employees; state and federal employees who work in the five boroughs; health care professionals who work in New York State; members of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; all students enrolled in a college, university, school, or institution in the City University of New York (CUNY) education system; certain family members, and qualifying retirees. MCU is an equal opportunity lender, and deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about Municipal Credit Union, visit www.nymcu.org.