Watertown Student Awarded Scholarship from Credit Union

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Rachael Stokes, of Watertown, first place winner of the James A. Burley, Jr. Scholarship Awards.

Rachael Stokes, of Watertown, first place winner of the James A. Burley, Jr. Scholarship Awards.

The following information was provided by RTN Federal Credit Union:

Rachael Stokes of Watertown has received the first place award of $5,000 from RTN Federal Credit Union as one of the 2020 recipients of RTN’s James A. Burley, Jr. Scholarship. Rachael will be attending Keene State College.

The scholarship awards totaling $10,000 are presented annually to three students who are RTN members or dependents of members, and are enrolled in an undergraduate or post high school technical college. The award is named in honor of RTN’s late Chairman and Director, James A. Burley, Jr., who served the Credit Union for more than 30 years. Scholarship recipients are selected based on their written responses to a thematic-based essay. This year’s topic was “What would you put in a time capsule to represent your life during the coronavirus pandemic?”

“The Burley Scholarship reflects our investment in the next generation of Credit Union members,” said Richard Wright, RTN Treasurer and CEO. “As students face additional challenges this coming academic year because of the COVID-19 pandemic, RTN is proud to play a role in helping to make higher education more financially accessible for our member families.”

RTN is a member-owned, not-for-profit financial cooperative. We are committed to helping members achieve financial well-being through quality products and personalized service. Founded in 1945, RTN is one of the largest credit unions in Massachusetts, with more than $950 million in assets, nearly 50,000 members and 19 branches. RTN Federal Credit Union serves more than 1,100 sponsor groups including two major employers in Massachusetts – Raytheon Company and Brigham and Women’s Hospital.

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