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Synergy Shares

Synergy Shares Scholarship Logo

Synergy Shares Scholarship

“Strong communities build strong people; Strong people become great leaders; Great leaders build stronger communities.” This is a quote that our CEO Glenn Stang will often say. And we believe in it. We are committed to supporting our members to help build them up into great leaders. Our scholarship support is one of many ways we help to do that.

Synergy Shares Program

We’re proud to be a local financial institution that is deeply invested in the communities we serve. One of the ways we show this commitment is by sharing our profits with projects and make life better where we live.

Synergy Shares Program
ENGAGE. COLLABORATE. GROW.

We support local businesses from main street retail to large enterprises and agricultural operations of all sizes. We recognize that it’s people like you at the centre of everything that makes our communities work, so we want to have a positive impact on where you live. That’s why we give back a percentage of our pre-tax profits each year to local community organizations through our Synergy Shares program. 

Synergy shares program

We support projects and programs that:
    • sustain, improve and grow the communities where we have a presence
    • support financial wellness, including scholarships and financial literacy programs
    • sustain and improve health care
    • support local initiatives within the community


Please note that we don’t donate to any of the following:
    • organizations that discriminate against religion, race, culture, gender and lifestyle
    • funding for operating expenses
    • for-profit organizations
    • unregistered organizations
    • political organizations and campaigns
    • advocacy or lobbying organizations
    • religious group, events or projects
    • individual pursuits
    • travel funding and/or team funding
    • private foundations
    • multiple contributions to the same organization in the same fiscal year​

Levels of funding

Level 1


  • apply for funding of $5,000 and less
  • allow a timeline of up to one (1) month for collaboration between Synergy Credit Union and you, the applicant

Level 2


  • apply for funding from $5,001 to $25,000
  • allow a timeline of up to three (3) months for collaboration between Synergy Credit Union and you, the applicant

Level 3


  • apply for funding from $25,001 to $99,999
  • allow a timeline of up to six (6) months for collaboration between Synergy Credit Union and you, the applicant
Please contact us for funding requests greater than $100,000.

SYNERGY SHARES
Scholarship

Are you one of our community's future leaders? We are here for you.

We are excited to introduce two new scholarships, which complement the contributions we make in the schools of each of our communities already!

The application process for this year (2021) was open from May 1 to 31, 2021. The winners will be contacted by June 30, 2021, with public announcements to follow in July.


Congratulations to our winners!

McKenna Speirs
Sheldon Cannon
Adrina Wills

Check out our news page for the full article.

How does it work?

You are eligible for the Synergy Shares Scholarship if you are:

  • An active Synergy Credit Union member (here’s how you can become one in case you aren’t).
  • A high-school student about to graduate
  • A mature student currently enrolled in or about to enroll in a post-secondary program.
  • Enrolled to attend post-secondary schooling on a full-time basis. This can include a bachelor program, diploma, certificate or trade.
  • Synergy Credit Union employees and directors, as well as their spouses and children, are not eligible to apply for this scholarship. We have a separate, in-house scholarship for the spouses and children of our Synergy team.

You will be asked to complete the written portion of the application, which includes the following:
(Please note, once you begin the application you are not able to save it.)

  • Listing the 7 Co-operative Principles (hint, you can find them here).
    • Want bonus points? Select one Co-operative Principle and share an example of what Synergy has done to support it. Feel free to share more than one example. (hint check out our annual report).
  • Our mission statement is "The Synergy experience, building relationships beyond banking." What does this mean to you? Thinking back to your relationship with Synergy, how has Synergy made a difference for you?
    • More bonus points! If you were to recommend an area for Synergy to focus on, what would it be and why?
  • Describe how receiving this scholarship can make a difference for you (we’re excited to hear your plans).


How it works

If you are selected as one of the two recipients, $1,000 will be deposited annually (to a maximum of 4 years) to the recipient's Synergy Credit Union account upon annual receipt of:

  • Proof of tuition payment. This can be a receipt of the funds paid.
  • Verification of full-time studies. This can be a letter of confirmation from the school registrar.
  • Scholarship must be instigated for redemption, with the first year of funds paid no later than December 31, 2022. If the scholarship is not redeemed by this date, the scholarship funds are forfeited.

If you have any troubles or are unable to complete the application online, please contact us by sending an email or give us a call at 1-866-825-3301.


SYNERGY SHARES
HIGH SCHOOL AND COLLEGE
Scholarship

An additional part of our Synergy Shares Scholarship program is our commitment to an annual scholarship fund that helps local high school and college students further their education at a college, university or technical school.

To apply for a scholarship through this fund, you are encouraged to connect with your school's guidance counsellor.

The scholarship will be announced at each high school’s award event or graduation ceremony. If you’re chosen, we’ll send you the funds when we receive confirmation of your full-time enrolment. If you choose not to attend post-secondary school full-time within one year of the award, the scholarship will be forfeited.

If you attend high school or college in a participating community, you can apply to receive one of these annual scholarships through the school. The Selection Committee chooses the scholarship recipients based on:

  • academic achievement
  • school and community involvement
  • leadership responsibilities within the school community
  • personal qualities consistent with good citizenship

Synergy Credit Union scholarships are available through the following:

  • Hillmond Central School
  • Kindersley Great Plains College
  • Kindersley Composite School
  • Lashburn High School
  • Lloydminster Lakeland College
  • Lloydminster Comprehensive High School
  • Lloydminster Holy Rosary High School
  • Macklin School
  • Maidstone Comprehensive High School
  • Marsden Jubilee School
  • Marshall School
  • Neilburg Composite School
  • Paradise Hill School
  • St. Walburg School
Show us where you feel at home!
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