Scholarship Program

We understand the importance of education. That's why we invest in students to help them reach their goals.

The David P. Smay Scholarship
David P. Smay, III had an acclaimed 40-year career with Chevron Corporation. He was well-loved and hailed as a leader in every position he held. He resigned as a lieutenant in the US Navy, retired as General Credit Manager and Treasurer for Chevron, and finished his career as a Board Member of the Chevron Retirees Association. He was a true inspiration to all who met him.

This scholarship is named in his honor and is given to graduating high school students who exemplify the values of high academics and leadership in the community.

Every spring, Spectrum Credit Union awards a David P. Smay scholarship in the amount of $1,000 to each winning applicant.

Application process

  • You must be a graduating high school senior, 19 years of age or younger
  • You must be a Spectrum Credit Union member with all accounts in good standing
  • You must apply by May 1 (applications are available beginning in March)
  • The scholarship will be paid directly to the college/university the high school senior will be attending in the fall of the year the scholarship is awarded:
  • Winners are typically announced around June 1st


  • A thoughtful, titled essay (double-spaced, two-page maximum, eleven point font minimum) addressing the specific topic that is announced in March
  • Transcript(s) reflecting all four years of high school, including your cumulative, un-weighted GPA on a 4.0 scale
  • Your Credit Union member number

Submission instructions

  • Applications must be submitted electronically using our online form when submissions are open
  • Scholarship submissions must include your name, Spectrum CU member number, home address, phone number, email address, name of the post-secondary school you plan to attend, and your college student ID number (if available)
  • Submissions will be graded on a point system
  • The submission deadline is May 1; electronic submissions must be received by midnight on May 1
  • Winners are typically announced in early June; scholarships will be applied to the college year beginning in the fall

Spectrum Credit Union will award the David P. Smay Scholarships in the amount of $1,000 to each winning submission. If you have any questions, please send an email to, or give us a call at 800-782-8782. For those outside the U.S., please call 510-251-6000.


Congratulations to our 2021 David P. Smay Scholarship Winners!


2021 David P. Smay Scholarship winners

Congratulations to the winners of the 2021 David P. Smay Scholarship!

TiyiOluwa Adegboyega
Buffalo, NY
Canisius High School

Abhi Bhatia
Houston, TX
Carnegie Vanguard High School

Eesha Bilal
Houston, TX
Lamar High School

Matthew Borkovich
Long Beach, CA
Los Alamitos High School

Miranda Bowdish
Martinez, CA
College Park High School

Erika Morris
San Francisco, CA
St. Ignatius College Preparatory

John Phillips
Sugar Land, TX
George Ranch High School

Isabella Schmitz
Austin, TX
Vandegrift High School

Talia Schreiber
Belmont, CA
Carlmont High School

Savannah Whitaker
South Jordan, UT
Herriman High School

Varun Wunnava
Sugar Land, TX
Kempner High School 

Rebecca Yee
Dublin, CA
Dublin High School

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