The Van Alstyne Education Foundation, a nonprofit corporation established in 2012 to support local students, is the recipient of a check for $1,865 from Landmark Bank.
"We’re surprised and grateful to receive these funds," Bill Benton, foundation president, said. "They will be instrumental in ensuring the continuing success of our program."
The primary objective of the Van Alstyne Education Foundation is to help students with funding they otherwise would not receive. Sponsors of the program include those representing local businesses, as well as other individuals in the community. Funds raised are used for programs such as teacher/campus grants; professional development; scholarships; and college advisors.
Landmark Bank has arranged a series of $1,865 gifts to local charities in each of the 28 communities in which it operates. The donations commemorate its founding in 1865 and celebrate reaching a milestone $2 billion in assets. Asset size is an industry benchmark that measures a bank’s deposits, loans and investments.
"It was just nine years ago we celebrated $1 billion in assets," said Kevin Gibbens, Landmark Bank CEO. "We owe this growth to our friends and neighbors in the communities we serve," he said. "It’s only fitting we use this occasion to give back."
Nathan Petri, president of Landmark Bank of Van Alstyne, presented the check to Benton. "We are glad for the opportunity to support this worthy cause," he said.
Landmark Bank is a community bank with $2.1 billion in assets and 42 locations in 28 communities across Texas, Oklahoma, and Missouri. For more, visit www.landmarkbank.com or call (800) 618-5503.