USA Federal Credit Union now Accepting Applications for 2007 Martin P. Cassell Scholarship

FOR IMMEDIATE RELEASE

San Diego, Calif., January 24, 2007 – USA Federal Credit Union announced that applications for the 2007 Martin P. Cassell Scholarship program are now available. The program expects to award five $1,500 scholarships in 2007. The Member Relations Committee of the Board of Directors will select the five scholarship recipients. These recipients will be notified before the end of the school year. The “Martin P. Cassell Scholarship” is named after USA Federal’s former CEO, who died in a tragic automobile accident in 2001. Applicants are typically noted by high academic, athletic, cultural and community distinction.

Eligibility Requirements: Applicants for these scholarships must be college bound senior students and a member of USA Federal Credit Union for one year prior to March 15, 2007, or the child of a member of USA Federal Credit Union who has been a member for one year prior to March 15, 2007. Family members of the Board of Directors, the Supervisory Committee, and of the employees of USA Federal Credit Union are not eligible to apply for a Scholarship.

The scholarship program is named after Martin P. Cassell, who passed away in 2000 after serving as USA Federal’s President and CEO for five years. To learn more about the scholarship program or to apply for the 2007 Martin P Cassell Scholarship, visit us online at www.usafedcu.org/scholarship. For additional information, contact Neva Buckhanon, USA Federal’s Director of Business Development, at (800) 220-1USA (1872), ext. 519, or nbuckhanon@usafed.org.

     Founded in 1953 at the Naval Training Center in San Diego, USA Federal offers a full range of financial services, including business services and consumer savings, checking, mortgage and home equity loans, auto loans, debit and credit cards, share term certificates, IRAs and a 24-hour phone center.
     Online services include eStatements, QuickConnect Online and Bill Pay, as well as online loan applications and approval. Additional services include the BALANCE financial fitness program and investment and retirement planning offered by MEMBERS Financial Services.
     With more than 59,000 members and over $700 million in assets, USA Federal Credit Union operates 22 branches, including locations in San Diego and Riverside Counties, Las Vegas, Japan and Korea. Members of the non-profit financial cooperative include the military, civilians and select employee groups.
     USA Federal Credit Union is federally insured by the National Credit Union Administration. For more information, call (800) 220-1USA or visit www.USAFedCU.org.

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Note: USA Federal maintains the above information for archival purposes, which is presumed accurate upon release, however, data may become outdated over time and affect accuracy.