HENNEPIN — The Community Bankers Association of Illinois (CBAI) Foundation for Community Banking has selected its 2020 Annual Scholarship Program winners.
Now in its 34th year, the program offers $21,000 to 24 high-school seniors via an essay‑writing contest; $500 is also awarded to the first‑place winner’s high school.
This year, 90 CBAI member banks representing 246 students statewide, participated in the contest.
North Central Bank has announced that Megan Brooker, a 2020 graduate of Putnam County High School, has been named the first-place winner for Group 5; the bank sponsored Brooker for the contest. She has been awarded a one-time $1,000 scholarship to be used for higher education beginning next fall.
Details will be available in September 2020 for the 2021 scholarship program. Contact North Central Bank for additional details and application information.
Founded in 1974, CBAI is a professional trade association headquartered in Springfield, and represents approximately 300 Illinois community-oriented banks and thrifts.
The CBAI Foundation for Community Banking was established by CBAI to professionally serve and support member financial institutions through every available channel, and to promote the community-banking philosophy.