First State Bank Announces Scholarship Program for East Detroit Students
(St. Clair Shores, Michigan) June 23, 2014 -
First State Bank (FSB), founded in Eastpointe and Macomb County, reaffirmed its commitment to the community with the announcement of a $10,000 scholarship program for East Detroit High School graduates. The First State Bank Scholarship Fund was first awarded in 2013 in honor of the bank’s longstanding association with the city and residents of Eastpointe.
The fund, donated to Macomb Community College Foundation, will provide ten (10) incoming students with scholarships of $1,000 each for the upcoming 2014 – 2015 academic year at Macomb Community College. The awards cover tuition, fees, books and other educational expenses. Students must be an East Detroit High School graduate (from any year), maintain a 2.5 grade point average and enrolled in a minimum of six (6) college credit hours. To apply visit
http://www.macomb.edu/future-students/paying-for-college/scholarships.html. For additional information, call the Foundation office at 586.445.7302 or e-mail firstname.lastname@example.org.
The announcement, made during a check presentation at the annual Cruisin’ Gratiot car show, comes just weeks after a separate $1,000 scholarship gift was awarded. The annual scholarship – which dates back to the mid-1980s – was given in May to a 2014 East Detroit High School graduating senior.
“For nearly a century, First State Bank has been a solid and secure community bank headquartered in and serving Macomb County. We only thrive when our customers and communities do the same, so taking care of our customers and looking out for the best interest of our community is inherent in the way we conduct business.” said Eugene Lovell, president and CEO, First State Bank. “By providing scholarships for graduates of East Detroit High School we are investing in the educational opportunities to Eastpointe residents that can result in meaningful careers.”
The establishment of the scholarship fund not only aligns with FSB’s mission to help families and businesses reach their goals, but also parallels the ideals of Macomb Community College.
“Helping to provide educational opportunities for local residents is one of the most valuable things a business can do for the community it serves,” said James Jacobs, president of Macomb Community College. “With this scholarship program, First State Bank is making an investment in the competitiveness of Macomb County and its workforce.”
First State Bank shares a long heritage with the city of Eastpointe, when in 1917, it opened its first branch in what was then known as the village of Halfway. With branches located within the city and continued support for multiple events, FSB still maintains a strong connection with Eastpointe.
First State Bank is headquartered in St. Clair Shores, Michigan. With 97 years of service and $637 million in assets, First State Bank serves Macomb County with 12 branch offices located in Chesterfield Township, Clinton Township, Eastpointe, Macomb Township, Richmond, St. Clair Shores, Sterling Heights, Washington Township, and Loan Centers in Sterling Heights and West Bloomfield. For more information, please visit www.thefsb.com or call 866-372-1275.
Macomb Community College (www.macomb.edu) is one of the nation’s leading community colleges, providing learning experiences to nearly 48,000 students annually. Macomb nationally ranks in the top two percent in the number of associate degrees awarded by community colleges and as the largest grantor of associate degrees in Michigan. The college’s comprehensive educational programming includes pre-collegiate experiences, university transfer and career preparation programs, bachelor degree completion and graduate degree programs, workforce training, professional education and certification, and continuing education and enrichment opportunities.