Each year City of Boston Credit Union has a drawing for fifteen (15) $1,000 dollar scholarships.  These scholarships in honor of former Credit Union Manager Thomas Coyne, can be used for any tuition based education from elementary school through graduate school and trade school.  All members in good standing receive an official entry form via mail in February.  The annual drawing takes place each year in late March/early April.

City of Boston Credit Union is also a sponsoring credit union for the Annual Credit Union League Association Scholarship Program.  This program offers six (6) $1,500 scholarships to high school seniors that will be entering an undergraduate program the following Fall after high school graduation.  The Credit Union posts the application and corresponding materials needed for this program on our website early each year.