SCBA Gives Out Record $57,000 in Scholarships to South Carolina Students

COLUMBIA, S.C. – The South Carolina Bankers Association awarded scholarships totaling $57,000 to deserving Palmetto State college students, the association announced Tuesday.

Fifty-seven students from 16 South Carolina institutions of higher education were awarded Palmetto Scholarships during a reception in Columbia.

Leading the way with 17 scholarship winners was the University of South Carolina, Clemson University with nine and Anderson University with six. Other recipients came from Bob Jones University, Charleston Southern University, Coastal Carolina University, College of Charleston, Erskine College, Furman University, Lander University, Medical University of South Carolina, Southern Wesleyan University, The Citadel, University of South Carolina Upstate, Winthrop University and Wofford College.

To reinforce its commitment to education and assist students with the ever-escalating cost of higher education, the SCBA in recent years has bolstered its scholarship giving with the introduction of the Palmetto Scholarship. A key component of the association’s revamped program is its emphasis on offering scholarships to the children of employees of SCBA-member banks.

“The Bankers Association receives tremendous support from its member banks, and we look at the Palmetto Scholarship program as a dividend back to our members,” said SCBA President and Chief Executive Officer Fred Green. “This is just one way we can show our gratitude to the employees and institutions that have helped make our organization the strong and vibrant force that it is.

“This program not only lays the foundation for the next generation of our state’s leaders, it serves as a means for building a path to a better, more prosperous South Carolina,” Green added.

Money for Palmetto Scholarships comes from the SCBA Educational Foundation, through funds raised by the Young Bankers Division Scholarship Golf Tournament and the efforts of South Carolina Bankers School students. Over the years hundreds of thousands of dollars have been awarded to deserving students.

The South Carolina Bankers Association is the trade and professional association representing approximately 80 financial institutions across the state. The SCBA is organized to effectively represent the common interest and welfare of South Carolina’s banking industry and to promote the professional development of its members and individual practitioners. The SCBA’s mission is to provide legislative, regulatory, educational and product leadership on behalf of its members.

For more information about the SCBA please visit https://scbankers.org/