Olivia Turner a BoB/VBA scholarship winner

Bank of Botetourt Hosted its 10th Scholarship Recipient in partnership with the VBA Education Foundation 2022 Bank Day Scholarship Program

Troutville – Bank of Botetourt is pleased to announce Olivia Turner as the Central/Southside Honorable Mention Winner for the Virginia Bankers Association (VBA) Education Foundation’s 2022 VBA Bank Day Scholarship Program. Olivia Turner of Lord Botetourt High School plans to attend Virginia Tech and major in public relations. Bank of Botetourt, in conjunction with the VBA, worked with 30 seniors from 7 local high schools. The Bank would like to extend its congratulations and well wishes to Olivia in her future.

“Over the years, Bank of Botetourt has hosted ten scholarship recipients and we feel that the financial education of our youth is one more way the bank serves its communities. This unique opportunity allowed these seniors to experience community banking at its finest even if it was remotely. We are proud to continue partnering with the VBA to offer this scholarship opportunity and program,” said G. Lyn Hayth III, President and CEO of Bank of Botetourt.

The VBA Bank Day Scholarship Program began in 1991 when the third Tuesday in March was declared Bank Day in Virginia by the Virginia General Assembly. This year, Bank Day had more than 420 students participating with 19 banks across the Commonwealth. As a part of Bank Day, participating banks hosted in-person and virtual meetings for the students and provided resources and information so the students could learn about banking, financial services, career opportunities in the industry and the vital role banks play in their communities. Throughout this program, students also had access to a variety of resources from the VBA, including videos, articles and podcasts covering industry topics such as banking fundamentals, understanding credit, careers in banking, banks’ economic impact in Virginia, and how the industry stepped up and responded to their communities’ challenges during the pandemic.

Students were asked to write an essay about their experience and fourteen scholarships (six regional, six honorable mention, one statewide runner-up and one overall statewide) were awarded based on the merit of the essays. A total of $26,000 will be awarded.

“These essays proved that students’ Bank Day experience helped them to gain an understanding of how banking works and how important it is to be equipped with effective money management skills. We are proud of their achievements and wish them luck as they begin their college careers,” said VBA President and CEO Bruce Whitehurst. 

VBA Bank Day is a statewide effort sponsored by the VBA Education Foundation and the VBA Emerging Bank Leaders. Bank Day began when the third Tuesday in March was declared Bank Day by the Virginia General Assembly in 1991. Visitwww.vabankers.org to learn more about the VBA Bank Day Scholarship Program and other efforts to promote economic and financial education for Virginia’s students.

–submitted by Mary Ann Miller Vice President of Business and Commuity Banking