College Scholarships

We believe in education. That’s why we’ve granted over $113,000 in college scholarship money. Investing in our youngest members through our annual college scholarship program is part of our commitment to our membership and community.

Who is eligible for a Money FCU college scholarship?

The member (student) must meet all of the following criteria:

  • Be an existing Money FCU member with an account relationship beginning prior to January 1, 2021 (member for at least one year by the application deadline)
  • Is a college-bound high school senior at the time of application
  • Will attend college for the first time in the fall of 2022
  • Will be enrolled in either a two- or four-year accredited educational institution
  • Agrees to use any scholarship funds awarded by January 31, 2023, at an accredited educational institution only

Two Chances to Win Scholarship Money for College

In addition to Money FCU’s scholarship award, this one application is automatically submitted into a statewide competition through the New York Credit Union Association. Winners for both will be announced in early spring.

Scholarships will be paid jointly to the student and school and can be used for tuition, room and board, books, supplies, etc.

Best credit unions near me - Who’s eligible
Meet Last Year’s Winners!

Apply Online

You will need:

  • Completed scholarship application (download the fillable PDF)
  • A copy of your transcript (can be unofficial/electronic)
  • A copy of your SAT/PSAT/ACT transcript (if applicable, can be unofficial/electronic)
  • Your written essay in PDF or Word format (essay question within the scholarship application)

Upload all of your documents through our secure portal at one time.

Deadline is January 7, 2022.

Upload Your Application

Apply by Mail

You will need:

  • Completed scholarship application (print the application)
  • A copy of your transcript or have it sent directly to the Credit Union from your school (can be unofficial – fax to 315-671-4030)
  • A copy of your SAT/PSAT/ACT transcript (if applicable, can be unofficial)
  • Your written essay (essay question within the scholarship application)

Mail everything together to:

Money Federal Credit Union
Attn: Scholarship Committee
100 Madison St
Syracuse, NY 13202

Deadline to apply is January 7, 2022.

Private Student Loans

Is there still a gap between what federal loans and grants covered and what you owe for your education?

A private student loan picks up the additional costs that federal and state funding do not cover. Also, scholarships and grants don’t always cover the full cost of education. A private student loan helps bridge the gap between the financial aid you’ve received and the final cost for all educational expenses.

Money FCU supports higher education by partnering with Student Choice. By partnering with the student loan experts, we offer superior private student loan options. Education expenses are rising. Ease your burden knowing you can afford to reach your dreams with the best student loans Money FCU offers.

Learn More

The Credit Union is where I got my start and has always taken good care of me despite moving 10 different times.

Bruce – Tallahassee, FL
credit union testimonial Kelli

You guys are always so friendly when I call, I love calling all of you because you’re always so upbeat and nice!

Kelli – DeWitt, NY

I started banking with you in 2000, almost 19 years ago. Best bank ever, I moved to CA and you made banking easy when doing electronic banking wasn’t really popular yet.

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Everything, anything you guys do with me is done 200%. I KNOW that you’ve got my back.  Thank you for this, and for everything you help me with. I truly appreciate it.

Marian – Mahopac, NY

I commend your staff; they are always very pleasant and willing to assist my needs.  Customer Service is very important to me and the credit union definitely shines in this area.

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Regina – Phoenix, NY

I do not say it often enough, but you have great staff!  Nothing is ever a problem, they are terrific!  Amy just helped me out big time and Debbie is always my #1 at the credit union.

Jeff – Wake Forest, NC

I just wanted you to know that it is so nice to get a real person when I call in instead of an automated machine.  I really appreciate it.

Anne – Pittsboro, NC

I just LOVE all of you there. People ask me why I use a credit union in Syracuse and I tell them you can’t beat the customer service!

Denise – Monroe, NY

Thank you for watching for fraudulent activity so diligently.  Not only do you notify me when there is suspicious activity, but you are quick to help recover the money.

Sandy – Liverpool, NY

I’ve been in Charlotte for 7 seven years and I will not change banks because of this type of customer service.

Elliot – Charlotte, NC
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Thank you MFCU for all the work you do and for really treating your customers like family.

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I have to say it again – our credit union is absolutely the best! Hands down, no one else even comes close to the exceptional customer service and knowledge that you receive at Money FCU.

Michelle – Syracuse, NY
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Each representative takes a special interest in any request made, with coordinating efforts by everyone. At a time when I was in transition, MFCU gave attention to what I needed to continue with them, now over 40 years.

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I wanted to let you know how much I love having Money instead of Chase! You guys have all been amazing since I have opened my account and I am so happy that I switched!!

Lisa – Syracuse, NY
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I just love Debbie. She’s my hero!

Henry – Gastonia, NC
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As we are wrapping details around our third vehicle loan inside of a year or so, I just want to say thank you again. Your customer service is off the charts, and you are a pleasure to deal with.

Anthony – Phoenix, NY
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Thank you to all of you! You girls are so wonderful! I love my credit union.

Pat – Syracuse, NY
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I thought I would take this opportunity to share with you what phenomenal employees you have. We couldn’t be happier to be blessed enough to have found MONEY FCU, and all that this bank encompasses.

Lisa – Baldwinsville, NY
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Angela – Manlius, NY
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MONEY Federal Credit Union is people – a great group of people – who leave no doubt that while they are helping me, I am the most important thing going on that day.

Robin – Chappaqua, NY
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I am not sure who is working their magic, but without it my wife and I wouldn’t be able to purchase this house we fell in love with in a neighborhood we fell in love with. I truly appreciate everything Money Federal Credit Union does for my family!

Jason – Baldwinsville, NY

YOU ROCK!!

Kerry – Ossining, NY
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I have been a member since around 1992 or so and, even though I no longer work at Mutual of New York I have had nothing but excellent service from EVERYONE and I will never stray.

Erik – East Syracuse, NY

When you walk in the door you are always welcomed with a smile and happy greetings. Nothing is ever hard to do. When I need a loan it’s done and ready for me and I don’t even have to do anything! Just come in and sign!

Deb – Liverpool, NY
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You guys are the greatest. So professional and up to date with technology!

Vera – Warners, NY
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I have been banking with MFCU since I was 17 years old. I left NY and banked with other companies but I came back to MFCU. I am so happy that I did!! Your staff has always been so helpful. I just figured you would want to know that your staff is great and they deserve an extra day off :)

Danielle – East Syracuse, NY
credit union testimonial Eileen

You guys haven’t changed a bit since I opened my account in 1987! You are all still so nice to deal with and I’m glad the changing times hasn’t hardened you into being unappreciative of your members. I now live in NJ and you are the best Credit Union I have ever had the pleasure of doing business with!

Eileen – North Arlington, NJ

I remember when I joined the CU in 1980 and you were located in a closet upstairs, and you would write the number of members and the percentage rate on a chalk board on the wall.

Joanne – Syracuse, NY

I just wanted to let you know that your staff has been so helpful since the move out of the building. The staff is always quick and kind. You said that a Credit Union is much like a Bank…I would say that the Credit Union is much better than a bank. I appreciate you guys!!

Michele – Baldwinsville, NY
credit union testimonial Lisa 3

I just wanted to let you know how awesome you are! I tell anyone who’ll listen about the GREAT customer service I get from the MONEY FCU. With commercial banks becoming less and less friendly and helpful and more and more costly, you guys are the best thing around!

Lisa – East Syracuse, NY
credit union testimonials John

I just went through one of the most painless processes getting a home improvement loan. I couldn’t believe how quick and smoothly everything went. I was quite impressed at the level of service. A special thank you also goes out to Debbie for her efficiency and for being so easy to work with!

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I love you guys, one call and it’s done. Love, love, love you all.

Kathy – Fair Lawn, NJ

I just went through the process of taking out a car loan. If it weren’t for Melissa, I wouldn’t have been able to get things done. I wasn’t sure about what to do for so many things, but Melissa did! She was always there for me, quick, soooooo much help. Lucky for me I was smart enough to join your credit union years ago.

Katie – Syracuse, NY
credit union testimonials Meg

I am so grateful to have such kind and helpful people to work with on my banking needs.

Meg – Webster, NY
credit union testimonial Tom

When our office moved I decided to keep my account with you because I don’t mind the 10 minute drive downtown to deal with you guys because you’re always so helpful and friendly.

Tom – Syracuse, NY

Not a member yet? Join today!

We have members looking for excellent service, local locations, surcharge-free ATMs, and community financial solutions. Plus, customers who need more modern conveniences in banking join us for mobile banking, such as mobile deposits to deposit checks from home, online banking, and automatic bill pay. With our competitive rates, Money Federal Credit Union customers choose our credit union for their mortgages, car loans, IRA accounts, a home equity line of credit, personal loans, student loans, and just about any financial product offered. Not to mention, we have a traditional checking account and savings account with lower fees and great competitive rates. Come on in and see what banking options we have that fit your financial lifestyle. Meet Money FCU, your credit union family.

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