Investing in the Future

Scholarship Program

The Red Canoe college scholarship program was created in the memory of Wally C. Ohlfs, the founding manager of Red Canoe Credit Union. After initiating the organization of the credit union while working for Weyerhaeuser Company, Wally served as the credit union Manager/President from its inception in 1937 until 1975 and was a tireless advocate for the credit union industry.

Scholarship Applications are available between December and March each year for the following school year.

Each year, an amazing bunch of students apply for scholarships. Take a look at the group of winners, and see where they are studying this year: 2017 Scholarship Winners.


W.C. (Wally) Ohlfs Scholarship

Awarded annually, this scholarship is available to graduating high school 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.

Download Application

Brenda Godfrey/Jack Elms Scholarships

These non-traditional scholarships award two $1,000 scholarships annually to members who are starting their higher education later than immediately following graduation. If you’re not currently a graduating high school senior, this scholarship program was designed for you.

Download Application

Image of Wally Ohlfs smiling and holding a telephone up to his left ear.

Scholarship Winners and Continuing Education

Each year, Red Canoe gives thousands of dollars in scholarships. All winners of the Wally Ohlfs scholarships are eligible for a continuing education scholarship. This scholarship is awarded to one student each year who submits a winning essay, sharing their experiences, goals and dreams as they pursue higher education. Instructions for how to apply for the continuing education scholarship are sent to each year’s winners.

Last year, the winner of the continuing education gift was Kaylee. Find out about her first year at school: Read Kaylee’s essay.

Find out what 2016 winner Alison has been up to at school: Read Alison’s essay.