Carthage Federal Savings and Loan Association

Carthage Savings was founded in 1888, making the Association the longest running “Hometown Bank” in Jefferson and Lewis Counties.

Carthage Savings is a customer owned “Mutual” association. We answer to our customers, not stockholders. We are here to serve our customers with no conflicting profitability pressures. A “Mutual” is similar to a Credit Union with the exception that we pay income taxes, which aid our schools and allows the government to provide essential services to the communities we serve.

This scholarship was established in 1995 and will be awarded to a child of an employee, or child of a member of the Carthage Federal Savings and Loan Association. If no applicants are found that meet this criteria, the scholarship will be given to a second-year student who lives within a 50-mile radius of Carthage, who also is a graduate of Carthage, Beaver River, Harrisville or Copenhagen central school district.