Central Bank: 20 Years of Support
June 19, 2013  |  by Julia StoweMatt Packard and Amie JacobsBusiness and Economic Forum Business & Economic Forum

Amie Jacobson wanted to be a nurse since she was a little girl, but as the youngest of a blended family with 13 children, she couldn’t expect financial help for college from her parents. Thanks to a private scholarship from Utah Valley University, she is realizing her dream.

Jacobson’s scholarship was funded by Central Bank, a community bank in Utah Valley since 1891. For the past 20 years, Central Bank has provided annual donations toward UVU scholarships. The scholarship covers half of Jacobson’s tuition, plus fees and books, and she works as caregiver for an elderly patient to make up the difference.

“I’m so grateful for the scholarship—it’s making it possible for me to get an education and to dedicate my life to a career that’s service orientated,” she says. “I really like the nursing program, and I’m just excited to be at UVU.”

Bank President Matt Packard has been with the bank since 1976. “We support the University because it does so much to support Utah Valley, and scholarships are a very personal, direct way of helping individual students,” he says. Providing scholarships is kind of like the old saying about teaching someone to fish—when they have a good education, they can become better breadwinners and contributors to society.”

Central Bank also supports UVU as the title sponsor of its Business and Economic Forum. Begun in 2012, the forum invites local professionals to a program of continuing education courses and networking opportunities.

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