Foundation for Community Banking 25th Anniversary Campaign
In 2021, we are excited to celebrate the 25th anniversary of CBAI’s Foundation for Community Banking. Established in 1996, the Foundation has bestowed an incredible $550,000 in scholarships to deserving college-bound students since its inception. Additionally, more than $70,000 has been awarded to CBAI member bankers to attend the Community Bankers School. The Foundation annually offers three types of scholarships, with more than $40,000 allocated to students every year. A total of 31 annual scholarships are provided to high school seniors statewide through our essay contest, to the children and grandchildren of community bankers, and to Community Bankers School attendees.
Not only is this the 25th Anniversary of the Foundation, this year, the number of students benefiting from these scholarships since it commenced will surpass 500! We want to continue the success of the Foundation and ensure that we can maintain the 31 annual scholarships for many more years to come. In order to do that, we need your help. To celebrate the Foundation’s silver anniversary, CBAI is spearheading a special “25 for 25” Campaign. There are several different ways you can choose to participate.
How can you help CBAI celebrate the Foundation’s 25th Anniversary?
Encourage your staff members to make a $25 donation to the Foundation.
- Offer to match staff donations up to $250, $2,500 or any amount you choose.
- Make a bank donation in honor of the 25th Anniversary, such as $250 or $2,500, or any $25 increment you wish.
- Increase your bank’s current accumulated donation to attain the $2,500 mark, which is the Bronze donation level. (Once your bank’s Foundation contribution reaches $2,500 for total accrued donations, your bank is automatically eligible for the Children and Grandchildren of Community Banking Scholarship and CBS Scholarship.)
- Celebrate the Foundation’s silver anniversary by becoming a Silver-level sponsor. If your bank is already a $2,500 contributor, increase your bank’s accrued donation to achieve the $5,000 Silver-level sponsorship.
Contributions in any amount are greatly appreciated! All banks, associate members and individuals donating to this campaign will be recognized in Banknotes magazine. Banks and associate members reaching the $2,500 Bronze level or $5,000 Silver level during the Foundation’s silver anniversary year will also be recognized on social media, with a press release, and at CBAI’s annual convention. Donors of $2,500 or more are also recognized on the Foundation Wall in the West Conference Room at the CBAI Headquarters and on the website.
Your charitable donations to the Foundation may be made by community banks; their employees, officers, and directors; and corporate supporters. All donations are 100% tax deductible!
CBAI Annual Scholarship Program
Via an essay-writing contest on a topic about community banking, high-school seniors from all over the state compete. CBAI offers 11 $1,000 scholarships, 12 $500 scholarships, and one $4,000 scholarship to the statewide winner — EVERY YEAR! There is no cost to your bank to participate! More about CBAI's Annual Scholarship Program.
Scholarships for Children and Grandchildren of Community Bankers
SHAZAM®, Kasasa, and Community BancService (CBSC) Scholarships are given annually in the amount of $1,000 per year for up to four years. Winners are chosen from banks which have pledged or donated a minimum of $2,500 to the Foundation. Eligible students are children or grandchildren of community bank staff or directors or part-time community bank employees. More about CBAI's Scholarships for Children and Grandchildren of Community Bankers.
Scholarships to the Community Bankers School
Four two-year scholarships for bankers to attend the Community Bankers School are available annually. Winners are chosen from banks which have pledged/donated a minimum of $2,500 to the Foundation. They are endowed by the Federal Home Loan Bank of Chicago, THE BAKER GROUP, CBAI Career Development Division (CDD), and Howard & Howard Attorneys.
As college tuition continues to increase dramatically, the need for these scholarships becomes even more essential. These statewide scholarships help deserving and hardworking young adults further their educations and develop as tomorrow’s leaders.
The $40,000 in annual scholarships awarded every year are endowed entirely by your contributions. No part of the member dues goes to the Foundation. We rely solely on your donations to make these scholarships possible. Please help us continue to offer these invaluable scholarships by making a contribution to the Foundation. More about CBAI's Scholarships to the Community Bankers School
Download a donation form
. Please return the form with your check made payable to: CBAI Foundation for Community Banking, 901 Community Drive, Springfield, IL 62703.