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VeraBank Awards Scholarships to East Texas Students

May 4, 2022

Henderson (May 4, 2022) – VeraBank is pleased to award five $2,500 scholarships to students whose parents are employed at the bank. The recipients of the 2022 scholarships include:

  • Morgan Clayton, Ellison High School
  • Rance Ellis, Henderson High School
  • Katelynn Pitts, Carthage High School
  • Streit Smith, UT Tyler University Academy at Longview
  • Mary Margaret Tipps, Henderson High School

“VeraBank is honored to support these students as they pursue their goals through higher education,” said Brad Tidwell, VeraBank President and Chief Executive Officer. “We wish these students, and all of the 2022 graduates, success in their future endeavors.”

Since the inception of the VeraBank scholarship program in 2017, the bank has awarded $75,000 in scholarships to 30 recipients. The scholarship recipients, all of whom are children of VeraBank employees, are selected by a committee each year and the identity of each applicant remains anonymous throughout the selection process. Selections are based on the students’ merit, academic performance, content and completeness of replies and application, as well as school and community involvement.

About VeraBank

VeraBank is a privately owned community bank that serves 16 counties in East, Central and Southeast Texas with ~500 employees, a network of 38 conveniently located branches, $3.8 billion in assets, and trust assets under management of approximately $950 million. Since 1930, VeraBank has remained committed to genuine banking, providing excellent personal service with the latest in banking technology. Visit us online at verabank.com. Member FDIC.

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