NEWS RELEASE

Contact: Leah Jackson (jacksonl@nsula.edu )
News Bureau
Northwestern State University
Natchitoches, LA 71497
(318) 357-6466

2/25/2005

FOR IMMEDIATE RELEASE

NATCHITOCHES ­La Capital Federal Credit Union presented a donation to the Northwestern State University Foundation to create the La Capital Federal Credit Union Endowed Scholarship. The scholarship will provide a student with $250 per semester starting this fall.

The scholarship is currently open to any major. The qualifications provide for a student in financial need maintaining a 2.5 grade point average.

"We understand the importance of attracting quality students to NSU through scholarships," said Karen Vines, La Capitol's Central Louisiana Regional Manager. "Hopefully, this contribution will ease the financial burden for one of tomorrow's leaders."

La Capitol Federal Credit Union is a federally chartered cooperative, membership-owned financial institution. It is owned by the members and directed by a board of volunteers. La Capitol is one of the largest credit unions in the state, serving more than 42,000 members through 10 offices statewide.

"The Natchitoches branch of La Capitol has been in existence since 1985, starting in a small office on Amulet Street and has enjoyed a relationship with NSU that goes back into the 1970s," Vines said. "We now have a location on Keyser Avenue and will have an additional location on College Avenue across from the University."

La Capital began as a tiny credit union operating in the sub-basement of the Louisiana State Capital. Members called their credit union "La Capitol" meaning "the capitol."

"Fostering relationships like this one between Northwestern and La Capitol is a win-win situation," said Sharon Sampité, assistant director of institutional advancement at NSU. "La Capitol is investing in today's students who will become tomorrow's workforce. La Capitol's contribution will help a promising individual with a bright future ahead."

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