John Edward Timony III of Merrick Wins $5,000 MCU Scholarship

John Edward Timony III of Merrick has been named the recipient of the 2017 James McKeon Memorial Scholarship awarded by Municipal Credit Union (MCU). John, who graduates from Regis High School this month and plans to use his scholarship to attend Stanford University to study international relations, received his scholarship from MCU Board Chair James Durrah and MCU President/CEO Kam Wong at a special ceremony at MCU headquarters on June 8th.

Shown: MCU President/CEO Kam Wong (third from left), Board Chair James Durrah (fifth from right), and members of MCU's Board of Directors and Supervisory Committee award John Edward Timony III (center) the James McKeon Memorial Scholarship.

John is one of eight recipients of MCU's 2017 memorial scholarships. This year, MCU awarded $66,000 in scholarships to college-bound graduating high school seniors: eight memorial scholarships of $5,000 each and 13 grants of $2,000 each. Eligibility for the MCU scholarships was open to an MCU member, a child, or a grandchild of a member in good standing. Selection was based on academic performance, extracurricular activities, demonstrated community service, letters of recommendation, and an essay expressing personal goals. The scholarships are part of MCU’s long-standing, larger corporate commitment to youth education across the greater New York City area.

Municipal Credit Union (MCU) is the oldest credit union in New York State and one of the oldest and largest in the country. Established in 1916 and headquartered in New York City, today MCU has assets of more than $2.5 billion and offers a full range of financial services to its more than 400,000 members. With branches in New York City, Westchester and Long Island, its members also have access to the credit union’s large and growing ATM network. Eligibility to open accounts at MCU is available to a wide range of groups including New York City and Yonkers municipal employees; state and federal employees who work in the five boroughs; health care professionals who work in New York State; members of select industry groups; employees of private colleges in New York City and private and public colleges in Nassau, Suffolk, and Westchester; all students enrolled in a college, university, school, or institution in the City University of New York (CUNY) education system; all students enrolled at St. John’s University; certain family members, and qualifying retirees. MCU is an equal opportunity lender, and deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency. For more information about Municipal Credit Union, visit www.nymcu.org.