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Long-Time Tower Member Surprised with $1,000 Award to Help with Education Expenses

Tuesday, September 19, 2017  
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Long-Time Tower Member Surprised with $1,000 Award

to Help with Education Expenses

 

 
  Rick Stafford, President & CEO of Tower Federal Credit Union, presents a $1,000 check to Theresa Johnson, of Mount Airy, Md. Ms. Johnson received the award from Tower in recognition of her high-scoring entry in the 2017 Credit Union Foundation of Maryland & D.C. Scholarship Program and to help support her continuing education. A Tower member for 30 years, Ms. Johnson works in the nursing field and is currently pursuing her Master’s Degree in Nursing from Stevenson University, through their online program.

[Laurel, MD]— A Tower member for three decades, Theresa Johnson is probably not the typical student that comes to mind when thinking about college scholarship applicants. In her late 40’s, the Mount Airy, Md. resident has worked in the nursing field for over 20 years, and has two children, ages 17 and 20. But she is becoming more and more the norm as women decide to pursue—or finish—their academic degrees as children grow up and leave the nest. 

Ms. Johnson is pursuing a Master’s Degree in Nursing from Stevenson University, and was a participant in the 2017 CU Foundation Scholarship Program, held earlier this year by the Credit Union Foundation of Maryland & D.C. Her essay on the topic of why consumers should choose a credit union as their primary financial institution received high marks from the scholarship program’s panel of judges. 

In support of her ongoing education and as a thank you for her participation in the program, Tower surprised Ms. Johnson with a $1,000 award to help with her education expenses. The check presentation took place at Tower’s Headquarters in Laurel, Md. at the end of August. 

“This was such a nice surprise and I really appreciate Tower doing this for me,” she said at the presentation. “It will definitely help with school expenses, and the timing is perfect since my tuition bill is due next week!” 

Tower is a long-time supporter of the CU Foundation’s annual scholarship program, even at times providing volunteer judges.

"Tower supports continuing education and we value our members’ opinions on the credit union movement,” said Rick Stafford, Tower’s President & CEO, who presented the check. “This award was a way to show our appreciation to Theresa for taking the time to put together such a well-prepared essay. Her essay reflects the unique nature of credit unions as service-oriented institutions. We wish her much success in her educational pursuits, and, as with all of our members, Tower is here every step of the way to help her reach her financial goals.”  

In addition, six other Tower members will receive $50 Amazon gift cards from Tower in recognition of their high-ranking entries to the scholarship program. 

About Tower Federal Credit Union:
Tower Federal Credit Union is a member-owned, non-profit financial institution with headquarters in Laurel, Maryland. Established in 1953, Tower is the largest federal credit union in Maryland with over $2.9 billion in assets. It provides a full array of financial products and services and serves over 168,000 members worldwide. Tower serves its local-area members with 12 branches in Anne Arundel, Baltimore, Howard, and Prince George’s counties and four branches at Fort Meade, as well as online services and mobile banking at towerfcu.org.