Hello, class of 2020! Things have really changed in the last few weeks, so we’ve created our new scholarship program to work better with your new learning situation.
This scholarship is open to any high school senior living in our field of membership counties: Bottineau, McHenry, McLean, Mountrail, Renville, Ward.
As a credit union, we operate everyday with the seven cooperative principles in mind. For our scholarship this year, please choose one of the 7 principles and write a one-page essay about how this principle is good for the community a cooperative serves.
Please email the essay to email@example.com by May 11, 2020.
The 7 Cooperative Principles
- Voluntary and Open Membership
- Membership in a cooperative is voluntary and nondiscriminatory.
- Democratic Member Control
- Each member receives one vote. This contrasts with other corporations where the number of shares owned determines voting power.
- Members’ Economic Participation
- Members contribute to, and democratically control, the financial resources of their cooperative.
- Autonomy and Independence
- Cooperatives are independent, self-help organizations controlled by their members.
- Education, Training and Information
- Cooperatives provide education on the principles and practices of cooperative business so that members will be good decision makers and so the general public will better understand cooperatives.
- Cooperation Among Cooperatives
- Cooperatives work together at the local, regional, national and international levels to further economic democracy.
- Concern for Community
- Cooperatives work for the sustainable development of their communities through policies accepted by their members.
Questions? Concerns? Contact us!
If you need to reach out to us, we’ll be here to help via phone at (701) 837-5353, through email, or you can message us on Facebook to assist you with all of your financial needs.