A new scholarship at Pennsylvania College of Technology for students enrolled in accounting and business majors has been established by a community bank based in Lycoming County.
The Woodlands Bank Scholarship is building toward endowment and will generate initial annual awards of $1,000 once fully endowed.
The scholarship will benefit students enrolled in the accounting, business administration and business management academic majors at Penn College. Preference will be given to students who have graduated from a high school in Lycoming, Clinton or Sullivan counties.
Jon Conklin, president and CEO of Woodlands Bank, left, is shown with Robb Dietrich, executive director of the Penn College Foundation.
"The Penn College Foundation is extremely grateful to Woodlands Bank for establishing this scholarship," said Robb Dietrich, executive director of the foundation. "Woodlands Bank's desire to assist Lycoming County students attending Penn College is further evidence of their commitment to be a community bank. We're pleased to partner with them in helping students earn a degree that works."
"Believing a quality education serves as a solid foundation for success, Woodlands Bank is proud to be able to help students attain that education affordably through the Woodlands Bank Scholarship," said Jon Conklin, chief executive officer of Woodlands Bank. "Woodlands Bank takes its role as a community bank seriously, and programs like this one administered through the Penn College Foundation are just one way we choose to be involved in the communities to which we provide banking, asset management and investment services."
Opening in 1990 with one location in Loyalsock Township and a staff of 10, Woodlands Bank has grown to a staff of more than 90 individuals at six locations - with plans to open an additional branch in the Lock Haven area in the near future.