Tuesday, June 19 , 2018, 10:09 am | Fair 64º

 
 
 
 

Montecito Bank & Trust Provides $11,000 for Local Scholarships

The Montecito Bank & Trust college scholarship fund for high school seniors has been in existence for 23 years, funding more than $180,000 in scholarships through the Scholarship Foundation of Santa Barbara. For 2013, the bank will provide $9,000 in scholarships, with an additional $2,000 specifically for arts scholarships.

Montecito Bank & Trust continues to demonstrate a commitment to its long-standing traditions of giving back to the community.

This scholarship tradition doesn’t end with simply providing the money, however. Each year the Scholarship Foundation selects the scholarship recipients to receive the bank’s scholarships, and the bank then extends to these students a special luncheon invitation hosted by Chairman Michael Towbes, President/CEO Janet Garufis and other members of the bank’s Executive Team.

At Monday’s luncheon, each student shared their plans for the future, and then Towbes provided the history of the Scholarship Foundation and a very personal message for these young adults. He asked them to remember this luncheon day and the fact that their community assisted them in fulfilling their dreams.

He also asked that as they become established in a community one day, they remember to give back to others in need in order to keep the tradition of support going.

“The bank’s philanthropic events like this scholarship luncheon mean a great deal to me,” Towbes said. “Hearing the achievements and ambitions of these very bright young adults reminds us all that there is hope carried by this next generation to tackle ever-increasing challenges. Their energy, innovation and, most importantly, active community participation will make a significant difference.”

— Carolyn Tulloh is the director of marketing for Montecito Bank & Trust.

 

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