Abandoned Accounts | If your account has had no activity in the last year and you have not contacted the credit union, your account becomes dormant. After three years of dormancy, your account becomes abandoned, and the funds in the account will be sent to the State Comptroller by June 23, 2025. Click here for more information.
Nederland and Port Arthur Branch Alert | Our Nederland lobby will be closed on Saturday, June 7th, for construction. This will not impact the Nederland drive-thru. The Port Arthur lobby will be open from 9:00 AM to 1:00 PM to assist members with non-teller services. Please note that cash or check transactions will be handled in the drive-thru.
Holiday Closing | We will be closed on Monday, May 26th, in observance of Memorial Day.

Get your college career started with a 5Point Scholarship.

We are awarding eight $2,500 scholarships to select high school seniors. Scholarship recipients are 5Point members who exemplify the credit union's values in their academics, leadership, and community involvement.
 

Requirements

The following minimum requirements have been established to qualify for a scholarship:

  • Applicant must be a member in good standing with 5Point Credit Union.
  • Applicant must be the primary owner of a 5Point share (savings) account in existence by March 17, 2025; parents’ accounts are NOT sufficient.
  • Applicant must be a graduate of an accredited high school program during the 2024-2025 academic year. Homeschool programs will be accepted on a case-by-case basis.
  • Applicant must be accepted by March 17, 2025, for admission as a freshman to an accredited college, university, or equivalent institution for the Fall 2025 semester.
  • Applicant must submit an SAT score, ACT, or TSI score.
  • Applicants may not be employees, children, or grandchildren of employees, officers, or board members of 5Point Credit Union.
  • Applicant must have an overall “C” grade point average or better.
  • To be eligible for consideration, applications must be submitted by
    March 18, 2025, no later than 5 PM.

Application Process

Our scholarship committee will review all applications submitted by the deadline. Each applicant will be notified of their selection by the end of April 2025. Funds are distributed to scholarship recipients after we receive the student's proof of registration and class schedule. For more information, please contact BreeAnna Frye at bfrye@5Pointcu.org.

 













5Point also offers Education Loans for further financial assistance. For more info, click here.
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