VIRGINIA BEACH, Va.–Chartway Credit Union has named the recipients of its 2025 Directors’ Memorial Scholarships.

This year, 12 student members have each been awarded $4,000—$1,000 more than last year—for a total of $48,000 in financial aid for 2025, marking the largest amount awarded in program history. 

Since its inception in 1989, the credit union’s Directors’ Memorial Scholarship program has awarded more than $628,000 to high school seniors, college students, and graduate student members seeking financial support to pursue higher education. This year’s recipients were selected based on need, grades, involvement, and two essays.

“Chartway is committed to unlocking the potential of our student members so they can build bright, successful futures,” said President and CEO Brian Schools. “This year’s scholarship recipients are future nurses, engineers, public health leaders, and more. We’re proud to support them as they pursue their passions and prepare to make a meaningful impact in their communities.”

Chartway also awards $25,000 annually to Old Dominion University’s Athletic Scholarship fund, provides $10,000 in ESL (English as a Second Language) scholarships to students at Salt Lake Community College, manages a top-rated paid summer internship program, provides free financial wellness programs to members, and offers multiple products and services specifically for student members.