The Progressive Credit Union Limited Bursary program recognizes the contribution of our community builders of tomorrow. The growth of Progressive Credit Union Limited exemplifies the achievements of people working together in their own communities. We hope to encourage those qualities of good citizenship and co-operation through our bursary program.

Each year, we offer 8 bursaries:

The E. Carl Jamieson Bursary - Mr. Jamieson was a manager of the former Capital Credit Union for 44 years.  This $1,000 bursary is offered in honour of his commitment and long standing service.

The Ralph V. Burtt Bursary - In honour of Mr. Burtt who was a witness to the original charter of the former Capital Credit Union and has also been a member/director for more than 60 years.  This is a $1,000 bursary.

The Starr Morin Memorial Bursary - Four $500 bursaries are offered in memory of Starr Morin, a dedicated manager of the former Carleton Pioneer Credit Union for more than 20 years.

Progressive Credit Union Limited Bursaries - Two additional bursaries, valued at $500 each, are given on behalf of the credit union. 


If you are an individual who plans to attend a post-secondary educational institution (whether new or returning student), the following criteria must be met:

  • You must have lived in New Brunswick for at least one year prior to application
  • You must be a member of Progressive Credit Union Limited or a dependant of a member with whom you reside
  • You must plan to attend an accredited educational institution within Canada

Requirements for the application in addition to the completed application form are as follows:

  • If you have just graduated from high school, an official high school transcript (Grades 10 through 12 - if you have not yet graduated, please provide Grades 10 and 11)
  • If you are currently at a post-secondary level, an official transcript of the last year attended in addition to your high school transcript
  • A minimum of two letters of recommendation (non-family)
  • A 200 word summary of what you feel differentiates Credit Unions from other types of Financial Institutions 
  • A completed family information form (attached to the application above)

Applications must be received by May 16th and can be delivered to any Progressive Credit Union branch, emailed to admin@progressivecu.nb.ca or mailed to:

          Progressive Credit Union Limited
          30 Hughes Street
          Fredericton, NB
          E3A 2W3

          Attn:  MED Committee Bursary Selection