8 Dec 2022

PRESS RELEASE: Maine Bankers Association & Higher Education Assistance Foundation Awards $10,000 in Scholarships

FOR IMMEDIATE RELEASE
Contact: Elissa English
eenglish@mainebankers.com

NEWS RELEASE

Maine Bankers Association & Higher Education Assistance Foundation Awards $10,000 in Scholarships

The Maine Bankers Association and the Higher Education Assistance Foundation (HEAF) recently awarded ten, $1,000 scholarships to students majoring in business, finance and information technology at Maine colleges and universities.

HEAF was established over 60 years ago by business leaders from a wide variety of industries including banking, small business, and community organizations. In 1990, HEAF initiated a scholarship program funded by the financial return on the original corpus of funds. The scholarship program is now managed by the Maine Bankers Association. To date, HEAF has contributed over $430,000 in funds to students in Maine pursuing their degrees.

“Administrating the HEAF scholarship awards and helping to ensure that young people, some of whom will one day work for a bank, lay a solid foundation for their individual careers by completing their degrees is a worthy goal, one we’re very pleased to be a part of,” shared Maine Bankers Association President, Jim Roche.

Colleges receiving HEAF grants this year are: Husson University; three campuses of the Maine Community College System; St. Joseph’s College; University of Maine at Farmington; University of Maine Fort Kent; University of Maine at Machias; University of Maine at Orono; and University of Maine at Presque Isle.

Scholarship recipients are: Sean Hyatt of Husson University; Sarah McKenna of York County Community College; Elissa Sieber of Washington County Community College; Annaset Jackson of University of Maine at Presque Isle; Kyle Kruse of University of Maine Orono; Katelynn Holland of University of Maine at Machias; Reece Kneissler of University of Maine at Farmington; Julia Labbe of University of Maine Fort Kent; Cole Leclerc of Thomas College; and Cameron Wiggins of Kennebec Valley Community College.

The Maine Bankers Association’s 29 retail bank members operate 443 offices in nearly every community throughout the state and employ over 9,000 residents. With assets exceeding $41 billion, Maine’s banking industry provides the fuel to power the state’s economic engine, including the state’s lobster industry. Several Maine-based banks have already committed substantial financial support to MLA’s legal and policy efforts to protect its industry.

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