Peter Torres of Panama Central School has been awarded the Loretta M. Burd Scholarship, which awards one graduating high school senior per Centra branch location with a $2,500 scholarship each year.

Named in honor of Loretta M. Burd, who retired from Centra Credit Union after 47 years of service, the Loretta M. Burd Scholarship Program is designed to help local students pursuing a college or technical school education.

All applications are reviewed on academic achievements, school and community involvement, work history and a short essay about financial literacy. The scholarship places value on well-rounded students who display a strong work ethic and involvement in their local community.

Centra Foundation is the charitable arm of Centra Credit Union. The credit union has a branch in Jamestown.