First State Bank Establishes Scholarship at Macomb Community College

– Wednesday, June 19, 2013 1:00AM

Scholarship recognizes the bank's longstanding association with the City of Eastpointe and supports residents' education attainment

First State Bank has donated $10,000 to Macomb Community College to establish a scholarship fund for graduates of East Detroit High School.  Ten $1,000 scholarships will be awarded during the 2013-14 school year to eligible graduates who must have a minimum of a 2.5 grade point average and enroll at Macomb for at least six credit hours.

“I am so pleased we are able to present to the students of East Detroit High School this scholarship opportunity,” said Eugene Lovell, president and CEO, First State Bank.  “Our success as a business, and as a community, depends upon our youngest members growing and thriving in a complex, diverse economy.  Macomb Community College understands this, and stands committed to help these students meet their educational needs.”

“Macomb Community College is deeply appreciative of First State Bank’s support in connecting residents to educational opportunities that will advance them into meaningful career pathways,” said James Jacobs, Ph.D., president, Macomb Community College.  “We also applaud First State Bank for their leadership as a locally based business willing to make a tangible commitment to our community’s economic vitality by helping residents get the education necessary for success in the New Economy.”

The scholarship fund is an important addition to the private scholarship funds administered by the Macomb Community College Foundation, which generates and manages private financial support for the educational purposes and objectives of the college.   During the past year, more than $185,000 was awarded from the college’s private scholarship funds to help Macomb students pursue and persist in their educational goals.  For more information about the foundation, call 586.445.7302 or email foundation@macomb.edu.  

About First State Bank

First State Bank (www.thefsb.com) was founded in 1917 as the first bank in the village of Halfway (now Eastpointe).   Headquartered in St. Clair Shores, First State Bank has $585 million in assets and serves Macomb County with 11 branch offices located in Chesterfield Township, Clinton Township, Eastpointe, Macomb Township, Richmond, St. Clair Shores, Sterling Heights and Washington Township.

About Macomb Community College

Macomb Community College (www.macomb.edu)  is one of the nation’s leading community colleges, providing learning experiences to nearly 48,000 students annually.  Macomb nationally ranks among the top 25 awarders of associate degrees and as the largest grantor of associate degrees in Michigan.  The college’s comprehensive educational programming includes pre-collegiate experiences, university transfer and career preparation programs, bachelor degree completion and graduate degree programs, workforce training, professional education and certification, and continuing education and enrichment opportunities. # # #

Media Contact: Tish Wirth, 586.445.7560,wirthp@macomb.edu

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