Each year, CU Community Credit Union awards a $1,000 scholarship to graduating high school seniors pursuing higher education. The Franklin O. Walstrand Memorial Scholarship was established in 1996 to honor the legacy of Walstrand, a former credit union president. Since its inception, 18 area high school seniors have been awarded.
- Current CU Community member in good standing
- Must be primary member on an account for a minimum of 12 months.
- Minimum overall cumulative grade point average (GPA) of at least 2.5 out of a possible 4.0
- High school senior