Credit Union News

Los Angeles Federal Credit Union scholarship winners (2026 Jack C. Mathews Scholarship recipients) with LAFCU CEO Anthony Cuevas (holding the check) to celebrate their achievement of winning ten $9,000 scholarship awards.
Los Angeles Federal Credit Union scholarship winners (2026 Jack C. Mathews Scholarship recipients) with LAFCU CEO Anthony Cuevas (holding the check) to celebrate their achievement of winning ten $9,000 scholarship awards.

Los Angeles FCU Awards $90,000 in Scholarships to Students

Ten winners of Los Angeles Federal Credit Union’s 2026 Jack C. Mathews College Scholarship competition were honored recently with a special presentation at the LAFCU corporate office.

The winners were each awarded $9,000 (for a total of $90,000 in scholarships), and each will be attending college in the fall of 2026.

A record 232 entries was received. Applicants were evaluated on their academic transcripts, letters of recommendation, extracurricular activities, community service, and a 60-second video creatively addressing the following topic: “Artificial intelligence is being used more regularly in school, work and in our daily lives. What is your overall opinion of AI? List some pros and/or cons.”

The scholarship was established in 2006 in honor of the late Jack C. Mathews, who worked for the City of Los Angeles for 40 years and served 34 years as a volunteer on its board of directors.

Since 2006, the credit union has awarded $230,000 in scholarships to 116 deserving students or teachers.

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