Farmers Bank & Trust of Marion provides major gift
Dr. Judy Rhoads and Madisonville
Community College have announced that
Farmers Bank & Trust of Marion have
pledged a $50,000 scholarship gift to the
Fulfilling the Promise Gifts Campaign,
specifically for the Crittenden County
Endowment for Excellence.
This endowment supports the tuition,
transportation and/or book costs for
students from Crittenden County who attend
MCC. The gift will be paid over a five-year
period, and was approved unanimously by
the Bank's Board of Directors during their
May meeting.
In making the gift announcement,
Farmers Bank's President & CEO Gareth
Hardin noted the already strong working
relationship between Farmers and the
college. "Everyone associated with Farmers
Bank is committed to the growth and
development of Crittenden County, and we
feel strongly that Madisonville Community
College is also committed to our county. A
quality education means a greater
opportunity for a quality job. This
endowment creates a wonderful, permanent
education resource for our families."
The gift is the largest MCC has ever
received from a Crittenden benefactor, and
one of the twenty largest scholarship gifts
the college has ever received. Dr. Rhoads
stated that "Farmers Bank has always
supported the college in its off-campus
endeavors, and this gift will support
Crittenden students on a permanent basis
through interest income. Individual board
members have also been very generous with
multi-year pledges, so the whole Farmers
organization has created a wonderful
example of generosity for all of us to follow."