The Arlene Reese Scholarship Fund

The Vision

The story is told that on day, about five years ago, a young lady asked a favor of her uncle. She needed help in buying books for school. She was a student at Lamar University in Beaumont, Texas.

The books cost $75.00, $100.00 and $150.00 respectively. The uncle thought that this was very high for school books. As a result of this, he thought about the widows, the single parent households and people on fixed incomes. He wondered how they could send their children to school to better themselves when all the money they sent them went toward buying books. In talking to some of his co-workers, he found that they were having the same problems that he had encountered with his niece.

The Uncle thought that it would be great if the Credit Union could help our membership in some way to help our children get through college.

The Vision becomes a reality

The vision was presented to the Board of Directors of the Local 24 Employees Federal Credit Union by Mr. Arlense Reese. He stated that if the Credit Union could start a Scholarship Fund, we would be able to help all of the children who qualified form any household. He stated that education means a lot to him because he only finished the 8th grade. However in those days, that was as high as you could go when you came from a country school. The teachers taught us a lot in those days. Today things are much harder for our children. That is why I have compassion for education for our young people.

The Board of Directors readily agreed with Mr. Reese and in the very same meeting a committee was formed to begin the ground work for the scholarship fund. Many names were submitted for the fund, but it was agreed by all that since it was the vision of Mr. Reese the scholarship fund would be named the Arlene Reese Scholarship Fund.

Members on the committee include Mr. Arlense Reese, Mrs. Ora Gibbs, Mr. Eddie Nickson, Mrs. Alma Lattin and T.N. Roy.

The first money raising project of the committee will be a raffle to be held August 9, 2005. Giveaways will include a 20 inch Color TV, DVD/VCR Player, and a portable CD player.

We are hoping that in January 2006, we will be able to help some needy students to realize their vision of going to school and not having to worry about their “Books.”

Qualifications for applications will be posted on our web site in the very near future.

Related Items

Arlene Reese Scholarship Func Student Application

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