Welcome to our Did You Know? section.  Here we will provide a number of features for your enjoyment and information.  We will always start this section out with something we think you may not know about OFSCU or that you should know more about regarding OFSCU or about issues related to the world of credit unions in general.

For our first Did You Know segment, we feature something that is unique to OFSCU: Did You Know that we provide a scholarship program for our members?  The Hugh and Lucy Danahy Scholarship was established to help cousins, of any age, continue their education beyond high school, whether at a trade school or university.  Awarded every two years at our Williams Family Reunion Banquet, two cousins receive a $500.00 scholarship.  One is awarded on scholarship achievement and one is awarded based on financial need.

We currently have a pledge program that allows members to have an amount of their choosing moved from their account to the Scholarship Fund account once every year.  This account is a regular interest-bearing account, so we get to watch it grow year by year.  The balance in this account as of June 30, 2008, was $26,406.65.  Our ultimate, long-range goal is to help the Scholarship Fund account reach the magic level of $33,333.33.  When we reach that level, the account would earn (at 3% per year) $2,000.00 every two years, allowing us to provide two $1,000.00 scholarships every Reunion, using only the dividends earned in this two-year period, without ever touching the balance in the account.  At that point, the Scholarship Fund would become self-sustaining indefinitely into the future!  Look for information on how to apply for the Scholarship on this web site around January of each Reunion year.

OFSCU TRIVIA CHALLENGE

Next in this section, we will feature our OFSCU Trivia Challenge question.  We will offer you a chance to test your knowledge of our credit unions history, family connections, and other fun facts.  In the beginning, we plan to provide a new Trivia Challenge every quarter or so, depending on our stockpile of questions.  To do that, we will need your help in providing questions.  So we invite you to offer your OFSCU Trivia Challenge question for future publication, and $10.00 will be deposited into the share account of any member whose question is selected for use on our web page.  Watch for details on how to submit your question in the months to come as we work on adding that feature to this section.

        Now, here is your first OFSCU Trivia Challenge: There are over twenty states in which we have OFSCU members.  How many of those states can you name?  (The first dozen or so should be easy for many of you, but then the challenge begins!)  You can see the answer when we post the listing next quarter, along with our new OFSCU Trivia Challenge question!

OTHER FEATURES

Finally, we will provide other features in this section.  (Perhaps you will suggest another feature for us to add in the future.)  We will provide a copy of the latest edition of Shari's Relatively Speaking in this section, for those who inadvertently delete their e-mail version or misplace their printed copy.  Perhaps in the future we can develop a way to provide an archive of past editions of the family paper.  We welcome your suggestions and help with any new ideas. 

As you can imagine, this web site in its early stages will clearly be a work-in-progress.  We want this section, and the entire web site, to be helpful, entertaining, and a means for bringing the family even closer together.  Help us make that happen!!!