ADA, Okla. – The Citizens Bank of Ada Scholarship was established at East Central University in 2013 as a pass-thru fund for Business Administration students and has now been established as a permanent endowment.
“We are thrilled to add this scholarship as a permanent endowment to our growing portfolioâ€� stated Buffy Lovelis, CFO ³ÉÈËBÕ¾ Foundation. “Our partnership with Citizens Bank goes way beyond scholarships and this is just one of the many ways they show their commitment to ³ÉÈËBÕ¾ and the Ada Community.â€�
As an endowment the scholarship will now be invested with the ³ÉÈËBÕ¾ Foundation portfolio and will live in perpetuity as a legacy for Citizens Bank to help current and future ³ÉÈËBÕ¾ students.
“Citizens Bank of Ada is proud to be able to build upon our partnership with East Central University and the ³ÉÈËBÕ¾ Foundation by establishing the Citizens Bank of Ada Endowment,â€� said Kassie Cothran, president of Citizens Bank and ³ÉÈËBÕ¾ alumnus. “We pride ourselves on being one of Ada’s trusted partners and we view this endowment as another way for us to strengthen the future of ³ÉÈËBÕ¾, their students, and the Ada community.â€�
Cutline: Current Citizens Bank employees who are also ³ÉÈËBÕ¾ alums present a $10,000 check to ³ÉÈËBÕ¾ Foundation CEO, John Hargrave, and ³ÉÈËBÕ¾ Foundation CFO, Buffy Lovelis.