The Red Canoe scholarships were created in the memory of Wally C. Ohlfs, the founding manager of Red Canoe (formerly Weyerhaeuser Employees’ Credit Union). After initiating the organization of the credit union while working for Weyerhaeuser Company, Wally served as the credit union manager from its inception in 1937 until 1975 and was a tireless advocate for the credit union philosophy: Not for profit, not for charity, but for service.

Awarded annually, the W.C. (Wally) Ohlfs scholarship is available to graduating seniors who will be enrolling full-time in an accredited college or university. Eligible applicants must have a cumulative high school GPA of 3.0 or higher and be members in good standing of the credit union with their own accounts.

To download the Wally Ohlfs Scholarship application, click here. -

Click here to see last year’s winners -

Continuing Education Scholarship

Red Canoe Credit Union is proud of our WC (Wally) Ohfls scholarship winners, and want to encourage them to continue their education. We’ve developed a new continuing education scholarship essay contest to do just that. All prior year recipients of the WC (Wally) Ohlfs scholarship have an opportunity to access additional scholarship dollars by entering the new contest. This program was designed to further assist our members achieve their educational goals through scholarships.

The continuing education scholarship application is simply an essay contest. Winners will receive a $500 continuing education scholarship annually for the next three years. We want to know more about winner’s experiences in college and their future dreams, so winners of the $500 continuing education scholarship will be asked to submit a follow up essay each year to receive annual funding.

Click here to see last year's winning essay

Are you a former WC (Wally) Ohlfs scholarship winner ready to enter the essay contest? Click here to review the program details and apply. The winning essay will be printed in our national newsletter, the Shareholder, and will feature a current photo of yourself at school.

We look forward to reviewing your essay and hearing your story. Please direct any questions to Caroll Hope at chope@redcanoecu.com or 800-562-5611, ext. 5347.