CB&L Offers CBAI Scholarship

Collinsville Building and Loan announces a scholarship that enables Illinois high-school seniors to enter a statewide-essay writing contest. It is all part of a program sponsored by Illinois community banks and the CBAI Foundation for Community Banking to increase public awareness of locally owned banks and their contributions to the community.

CB&L is a member of the Community Bankers Association of Illinois (CBAI) which formed the Foundation in 1906. A monetary award in the amount of $1,000 a year for up to four years of higher education will be awarded to the author of the best entry submitted to the CBAI Foundation by a participating Illinois high-school senior. Up to 11 additional first-place $1,000 awards and 12 second-place $500 awards are available in each of the regions of the state. An additional $500 will be awarded to the high school of the overall winner.

CB&L is working with Triad High School and Collinsville High School to invite their seniors to write one-paragraph on each of the three topics:

  • The impact/importance of community banking to someone I know
  • The impact/importance of community banking to a business or agriculture concern in my area
  • The impact/importance of community banking to my community in general

Length of the entry must not exceed two pages of typewritten copy; double spaced using the font Times New Roman with 10-12 point size.

Information on the contest is available at CB&L and the school; entries must be submitted to either of CB&L’s locations by January 31, 2019. CB&L will then submit selected entries to the CBAI Foundation to be eligible for the statewide competition.

If you have any questions, please contact Hayley Peters at (618) 344-3172.