UCU Adds New Scholarships in 2016

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Every year Ukrainian Credit Union Limited awards scholarships to deserving young members. This year in addition to the scholarships that we offer every year, we are introducing two brand new scholarships.

The first new scholarship recognizes the contribution of Eugene Roman, who until recently served as the Chair of the Board of Directors of Ukrainian Credit Union Limited. This new scholarship (Ukrainian Credit Union Limited Eugene Roman Scholarship, in the sum of $2,000), will be awarded to a candidate of Ukrainian heritage who is enrolled full time in a post-secondary institution in a field of study that will lead to a career in the technology sector (for example Aerospace, Artificial Intelligence, Computer Engineering, Information Technology, Nanotechnology, Telecommunications, and related fields)

Mr. Roman is widely regarded as a leading Canadian authority on innovation and high-tech. He was recognized as Canadian CIO of the Year in 2015. During his 15 years as the chair, Eugene Roman helped steer UCU through five mergers and acquisitions, including Ukrainian (Sudbury) Credit Union, St. Demetrius Parish Credit Union, Ukrainian (St. Catharines) Credit Union, So-Use Credit Union and United Ukrainian (Hamilton) Credit Union, making it one of the largest ethnic credit unions in Ontario. Under his leadership, UCU was one of the first credit unions in Ontario to implement a Call Centre, which continues today as a key element of the UCU’s service delivery model.

The second new scholarship is the Ukrainian Credit Union Limited New Pathway Journalism Fellowship. Each year, a student that is currently enrolled full time in a post-secondary institution in a field of study that will lead to a career in journalism (print, online, TV, radio) or photojournalism, or a recent graduate of the same, and who shows community involvement, will be named to this fellowship. The chosen individual will be offered the opportunity to work with The New Pathway, writing monthly articles or opinion pieces. If a photojournalist is selected, they will be expected to create monthly photo essays that will be published in The New Pathway. This fellowship will provide the student with a stipend of $3,000 throughout the year that they are working with The New Pathway.

In addition to these new scholarships, Ukrainian Credit Union Limited continues to offer its existing scholarships which include the following:

Ukrainian Credit Union Limited Michael Rebryk Memorial Scholarship

This award of $2,500 is given in honour of Michael Rebryk (1927-2010). It is awarded to a student who shows community involvement and studying in the fields of either sports & recreation OR performing arts (Music, Dance, Drama, etc.). Mr. Rebryk was first elected to the UCU Board on February 20, 1966 eventually becoming its second president/chair in 1981. Mr. Rebryk held the post of Chair until 1997. Upon his retirement from the Board on January 26, 2000, the Board honoured Mr. Rebryk for his over three decades of active service to the credit union by appointing him an Honorary Life Director.

Ukrainian Credit Union Limited Wasyl Sytnyk Memorial Scholarship

This award, valued at $2,500, is given in honour of Wasyl Sytnyk (1907-2000). It is awarded to a student who shows community involvement and studying in the fields of business, finance, banking, marketing, and wealth management. Wasyl Sytnyk led Ukrainian Credit Union through its early years, serving as its first President of the Board from 1944 until 1979. Upon his retirement from the Board in 1987, Mr. Sytnyk was appointed Honorary Director for Life for his outstanding contribution to our credit union.

Ukrainian Credit Union Limited Board Chair’s Scholarship

This award, in the sum of $2,000 is awarded to a student who shows community involvement and studying in various fields of ukrainianistics.

UCU Community Leadership awards
These awards are each valued at $1,000 and may be given to one or more students each year. The UCU Community Leadership Awards are given to students showing community involvement and studying in various programmes in a post-secondary educational institution.

Application process and deadline

We think you are worthy of a scholarship from Ukrainian Credit Union Limited. Do you? Apply now, before the deadline of March 18, 2016. For applications and full details, please visit our website at www.ukrainiancu.com.

Cooperatively yours,
Oleh Marianchuk
Chair, Scholarship Committee
Ukrainian Credit Union Limited
omarianchuk@ukrainiancu.com

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