2018 Bursary Recipients

The OCUF Board is very pleased to announce the 38 outstanding community engaged post-secondary students for 2018.  Bursary awards totalled $75,000 and ranged from $1,000 to $3,000.

Students have to demonstrate their commitment and involvement within their community as well as financial need. This year four reviewers adjudicated applications to select those appearing to the left.  Liisa Woolley (Your Neighbourhood) commented “every year the decisions become more difficult as there are so any deserving applications.” Fellow reviewer Kevin Connolly (Comtech Fire) stated “it is great to see the many different credit unions represented with bursaries being distributed all across Ontario.” A total of eighteen credit unions were represented by award recipients in 2018.

We had many notes of thanks from the students for our supporters and sponsors. A bursary recipient for the third time,  Julia D. wrote “The CU succeed bursary has given me the freedom to focus on my education in order to achieve my academic and future career goals. I am forever thankful to those who support this bursary, as your support makes a big difference and allows students more flexibility during the school year.”

To date OCUF, through the amazing support of credit unions campaigns, supporters and sponsors at our annual golf tournament fundraiser, have provided $186,000 in bursaries to 116 students.

Alterna Milestone Magic

We asked Alterna Savings what contributed to their fantastic CU Succeed Youth Bursary campaign where they raised and contributed an incredible $11,000!  Their marketing team shared some insights.

For the CU Succeed bursary all our GTA branches got involved and raised a HUGE amount and we couldn’t be prouder. This was a cause that was very close to the hearts of our executive team because not being able to afford climbing tuition should never be a reason that a young person isn’t able to learn, grow and be involved with a community of like-minded individuals. This is already a cause our staff are dedicated to annually, so we kicked it up a notch this year by incentivizing the fundraiser to really rally the troops. The main way our branches fund raised was by participating in community events and engaging our personal and non-personal members in branch.

There were many initiatives and we wanted to highlight a few to share ideas others might want to do in their campaign next year. Bramalea branch came together and created a great basket of goodies for Father’s Day. This simple and timely idea generated a very impressive $710 for as they put it, “a great cause!”

Say “Cheese!” is what we think the photographer might have said when they took the photos on the right. Alterna’s Lakeshore branch and Marketing team decided to put on their chefs’ hats for the Bursary campaign. The branch took over the great Grilled Cheese Challenge hosted by the Lakeshore BIA and was able to raise over $700 for the CU Succeed Youth Bursary Fund. We have no idea how many sandwiches were flipped but it had to be a lot!

In celebration of their 110th birthday, the team at the Ottawa and Toronto head office came together to raise funds for the CU Succeed Youth Bursary with the exclusive Alterna 110 specialty baseball t-shirt. We are told they are softer than your favourite blanket, comfier than your go-to pyjamas and more stylin’ than any company-branded shirt you’ve ever seen. “By sharing the proceeds of the t-shirts to such a great cause, these shirts are extra special for us all at Alterna.”

Frugina Ball, Region Head, Member Experience, GTA, commented “We are very grateful to have such a caring staff and supportive member base. This year we set the bar high at $11,000 for our 110th birthday on September 3rd this year and are ecstatic we reached it!”

What an achievement! Thank you Alterna, you have proven Together – We are stronger!

PS – Happy 110th! That is an amazing milestone.

Luminus Delivers!

Luminus Financial may not be the biggest Credit Union in Ontario but you may not want to get in the ring with them! Pound for pound they more than pull their weight.

In the recent CU Succeed Youth Bursary Campaign (and for the second year running) the Luminus team went to work. Led by Member Relations Manager Joanna Cheng, a number of people from various departments including Karen Oliveira, Daniel Marnicki and Lesya Gotsko, came together to drive the campaign. Joanna commented “I knew the success of the campaign would come from increased team work so I chose a small group of champions from various departments to represent the Youth Bursary.”

The group initially met and brainstormed specifically on FUN and simple ways to fund raise funds. Ideas included a 50/50 draw, pasty sale, book sale and initiating donation fees to work from home or wear jeans to the office. Key to their success was to share their campaign initiative with family and friends and committed to completing a mini work walk-a-thon to ramp up donations. Luminus shared their fund raising story and CU Succeed Youth Bursary donation link over email and acquired additional donations, as a result.

The Luminus group worked as a team and focused on the “fun” in fundraising! Collectively they raised $1,033 which will assist post-secondary credit union members with their studies in 2019.  Kudos to all who made this happen.