DUBOIS – The Farmers National Bank of Emlenton has made a $30,000 contribution to Penn State DuBois in support of The Open Doors Scholarship Program.
This endowment will provide financial assistance to students who are attending the DuBois campus and involved in the pilot programs.
“Not only do the scholarships and programs this gift supports help students financially to reach their goals, but it [also] demonstrates to them that they are supported in these efforts,” said Chancellor M. Scott McBride.
“It shows the students that we as a campus, as well as the donors who make these programs possible, believe that these students are worthy of our investment.
“We are incredibly grateful to Farmers National Bank, and to all the donors who invest in the education of our students.”
Accepting the donation on behalf of Penn State DuBois was McBride. Representing The Farmers National Bank of Emlenton was William C. Marsh, chairman of the board, president and chief executive officer.
“Farmers National Bank takes great pride in supporting the scholarship efforts that Penn State DuBois has created for its students. We believe that education is the foundation for success and having the opportunity to eliminate a piece of the financial burden provides students with more time to focus on their degree and future goals,” said Marsh.
“The knowledge these students will acquire through their college education is vital towards building a better community, which is one of the missions of our organization.”
The $30,000 pledge will provide $6,000 in annual funding for the next five years in addition to a permanent 2:1 match from Penn State increasing the total Farmers National Bank Scholarship funds to $90,000.
The Open Doors Pilot Programs were created to assist students who have extended their education over five years or more with academic and financial assistance. Current programs include Pathway to Success: Summer Start, Student Transitional Experiences Program, raise.me, Complete Penn State and Smart Track.
Penn State will offer this unprecedented matching opportunity to donors through April 30, of this year.
The Farmers National Bank of Emlenton is an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating 17 full-service offices in Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, Mercer, and Venango Counties, Pennsylvania and Hancock County, West Virginia.
The bank is a wholly owned subsidiary of Emclaire Financial Corp. (NASDAQ: “EMCF”). For more information about The Farmers National Bank, please visit the Web site at www.farmersnb.com or call 877-862-9270.
Penn State DuBois, located in the north central Pennsylvania city of DuBois. Since opening in 1935, thousands of degree-seeking individuals have received a world-class education delivered in a friendly, small campus setting.
Solid ties to business, industry and the community help enhance the strong academics of the Penn State DuBois experience, creating a well-rounded foundation for life-long learning.
Today, Penn State DuBois continues to prepare leaders for the 21st century through a continuing tradition of cutting-edge technology, faculty expertise, and dedication to excellence.
For more information, please visit www.dubois.psu.edu or call 814-346-ROAR.