Member Banks Local Scholarships

MEMBER BANKS’ LOCAL SCHOLARSHIPS

The CBAI Foundation for Community Banking Scholarship Program is designed to complement, not compete with members’ own scholarship programs. It is one of the cornerstones of community banking to contribute to the wellbeing of the local area. Here, then, is a concrete example of that effort, totaling $184,075given away by CBAI members in their communities.

(Awards made by cash, check, or account deposit unless otherwise indicated)

Citizens National Bank of Albion — $500; two $250 awards

The First National Bank in Amboy — nine $200 awards (students of the month); $2,500 (student of the year)

BankORION, Annawan — three $50 awards

Apple River State Bank — $1,000; three $500 awards

First National Bank of Ava — three $100 awards

First National Bank of Beardstown — $2,000

First Community Bank and Trust, Beecher — two $1,000

Brimfield Bank — $1,500; $1,000

The Bank of Carbondale — two $500 awards

Marine Bank & Trust, Carthage — two $500 awards

Buena Vista National Bank, Chester — $500; $4,000 (payable $1,000 per year for four years)

State Bank of Davis — nine $25 gift cards to Staples

Resource Bank, N.A., DeKalb — 10 $1,000 awards (Centennial Service Award for volunteer and civic activity in local community throughout the student’s four years of high school)

Dewey State Bank — three $100 awards

Bank of Dwight — three $100 awards

Farmers State Bank, Elmwood —$500; $300; $200

Fairfield National Bank — $300; $200

Fairview State Banking Company — three $100 awards

The Fisher National Bank — $500

Glasford State Bank — three $400 awards ($100/year for four years)

North Central Bank, Hennepin (includes Ladd branch) — two $250 awards

Herrin Security Bank — six $500 awards; $1,500 to John Logan Foundation then given to Herrin High School student

National Bank, Hillsboro — $500; two $250 awards

Farmers & Merchants Bank of Hutsonville — $250; two $500 awards

The Farmers Bank of Liberty (includes Barry and Payson branches) — three $500; three $250 awards

First Security Bank, Mackinaw — $500

HomeStar Bank and Financial Services, Manteno — 10 $8,000 awards ($2,000/yr for up to four years)

Prairie Community Bank, Marengo — $500

The Bank of Marion — $1,000; $500

Citizens State Bank, Milford — $125; $100; $75

Milledgeville State Bank — two $600 awards

Brown County State Bank, Mt. Sterling — $500

Old Exchange National Bank, Okawville — five $500 awards

Farmers-Merchants National Bank of Paxton — $8,000 (To date we have given 10 scholarships for a total of $80,000 since 2000)

First National Bank in Pinckneyville — three $4,000 awards (payable $1,000 per year for four years)

Bank of Pontiac — two $1,000

Freestar Bank, Pontiac — $1,000; $500

Bank of Pontiac; Freestar Bank, Pontiac; State Bank of Graymont; State Bank of Saunemin — $1,000

Raritan State Bank — five $200 awards

State Street Bank and Trust Co., Quincy — $2,000

Rushville State Bank — three $500 awards

First National Bank of Sparta — two $500 lines of credit at Southwestern Illinois College, Belleville

Bank of Stronghurst — $350; $250; $150

American National Bank of DeKalb County, Sycamore — three $250 awards

First Neighbor Bank, N.A., Toledo — five $500; $250

The First National Bank in Tremont — $4,000 (payable $1,000 per year for four years)

State Bank of Waterloo — three $4,000 ($1,000/year for four years to each of three high schools in market area)

Laura State Bank, Williamsfield — $500

The First State Bank of Winchester — $750; $500