SouthEast Bank Awards Scholarships to Chattanooga State Community College Students

August 23, 2013 | | Press Release

Pictured from left to right: Tom B. Hughes, III, regional president, SouthEast Bank; Nancy Patterson, associate vice president of Leadership & Fund Development, Chattanooga State; Dr. James Catanzaro, president, Chattanooga State; Lloyd L. “Monty” Montgomery, III, president/chief operating officer, SouthEast Bank; and Tommy Schumpert, scholarship director, SouthEast Bank

Chattanooga, TN (August 23, 2013) — SouthEast Bank and Chattanooga State Community College announce that two incoming students and two returning students have been selected to receive the SouthEast Bank Scholarship for the 2013-2014 academic year. This scholarship will provide each student with $3,000 annually to offset the cost of tuition and assist them in accomplishing their academic and personal goals.

SouthEast Bank President Monty Montgomery said, “SouthEast Bank is proud to support the Chattanooga State Foundation in awarding scholarships that help keep our future leaders right here in Tennessee. We are a true community bank operated by local employees who live and work alongside the people we serve; and we are committed to using our resources to invest in our schools, organizations, and neighborhoods. Through the SouthEast Bank Scholars program, we fulfill this mission by rewarding outstanding students who demonstrate a combination of academic excellence, community service, and financial need with the opportunity to reach their greatest potential through higher education.”

“Many leaders of our community’s future workforce,” said Chattanooga State President Catanzaro, “are our current students. SouthEast Bank has recognized this and generously stepped up to support these aspiring students.”

Recipients of the SouthEast Bank Scholarship include a prestigious group of incoming students from Tennessee chosen by participating post-secondary institutions for their exceptional character and academic commitment. In addition to meeting the minimum criteria of achieving a 3.25 high school grade point average or a 23 ACT score, students who are awarded this distinct honor have also demonstrated financial need and community involvement.

SouthEast Bank Scholars is a scholarship program designed to recognize and reward outstanding students seeking higher education in Tennessee. This program underwrites tuition expenses for qualified incoming freshmen at participating colleges and universities statewide. SouthEast Bank, with total assets in excess of $500 million, operates full service banking offices throughout the regions of East and Middle Tennessee. To learn more about SouthEast Bank, please visit www.southeastbank.com.  

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