First Source Federal Credit Union is participating in the New York Credit Union Association’s Statewide College Scholarship Program and giving away scholarships to college-bound high school seniors!

Last year, this program awarded $33,750 in scholarships to 45 students across New York with scholarships ranging from $500 to $1,500. As a part of this program, First Source Federal Credit Union will also be giving out an additional scholarship worth $2,500. Applicants must be a graduating senior in Herkimer or Oneida County who applies and fits the following criteria.

To be eligible, students must be high school seniors attending two or four-year accredited educational institutions for the first time in the fall of 2023. They must also be Members of First Source or another participating New York Credit Union. Students/applicants will be competing against other credit union members from across the state. Applicants will be judged based upon their academic achievements, extracurricular and community activities and the quality of their written essay.

“As a financial institution with roots in education, we are happy to be able to provide this important opportunity to our Members.” Said First Source CEO Tom Neumann. “We are proud to promote education in our community and support our Members in their personal pursuit of higher education.”

For more information and to apply, please visit or contact Pamela Way, at or 315-735-8571.

About First Source:
First Source Federal Credit Union is a full-service financial institution, serving Members and our community since 1938. Originally founded as Utica Teachers Federal Credit Union, the name changed to First Source in 1992 to better reflect our broad and diverse membership. We provide financial solutions with a personal approach, to build meaningful relationships with our Members. First Source strives to help our Members make smart financial decisions and help our community grow and thrive. We serve over 55,000 Members with current locations in New Hartford, South Utica, North Utica, Herkimer, Rome and Downtown Utica; a Member Care Contact Center, and Online & Mobile banking. Our Members have access to Interactive ATMs and over 30,000 nationwide surcharge-free ATMs. Connect with First Source and learn more at, through Facebook, Twitter, Instagram and LinkedIn.

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