Lumbee Guaranty Bank Pledges $25K For Student Scholarships
Lumbee Guaranty Bank pledged $25,000 to Fayetteville State University (FSU) for the establishment of an endowed scholarship. The scholarship will support students in the internationally recognized Broadwell College of Business and Economics.
Lumbee Guaranty Bank pledged $25,000 to Fayetteville State University (FSU) for the establishment of an endowed scholarship. The scholarship will support students in the internationally recognized Broadwell College of Business and Economics.
"It's an honor to be a part of this wonderful commitment," said FSU Chancellor Darrell T. Allison. "We value every dollar that Lumbee Guaranty is investing in FSU and we intend to be good stewards of these funds for our students."
Celebrating its 50th anniversary, Lumbee Guaranty has a reputation for supporting institutions like FSU and other worthy causes. Kyle Chavis, chief executive officer, said his bank considers the gift a reinvestment in the community.
"We fund scholarships for high school students and investing in FSU was a natural marriage and next step," Chavis said. "Education is the key to success, and we look forward to partnering with FSU more in the future."
About Fayetteville State University Fayetteville State University is a constituent institution of The University of North Carolina System and the second-oldest public institution of higher education in the state, having been founded in 1867. FSU is a historically black university offering degrees at the baccalaureate, master's, and doctoral levels. With more than 6,700 students, Fayetteville State University is among the most diverse institutions in the nation. To learn more about Fayetteville State University, visit www.uncfsu.edu.
About Lumbee Guaranty Bank Founded in 1971, Lumbee Guaranty Bank is a Pembroke, North Carolina based independent community bank that conducts its operations through thirteen full-service offices located in Robeson, Hoke, and Cumberland Counties. Services that the Bank provides include commercial and consumer loans, as well as a competitive suite of deposit products, electronic banking services, and investment services. Offices are in Fairmont, Lumberton (3), Maxton, Pembroke (2), Red Springs, Rowland, St. Pauls, Raeford, Fayetteville, and Hope Mills.