State Street Bank is excited to announce a scholarship competition that enables Illinois high-school seniors to enter a statewide essay-writing contest. The scholarship is part of a program sponsored by Illinois community banks and the CBAI Foundation for Community Banking to increase public awareness of locally-owned banks and their contributions to the community.

State Street Bank is a Community Bankers Association of Illinois (CBAI) member, which formed the Foundation in 1996. A monetary award of $1,000 yearly for up to four years of higher education will be awarded to the author of the best essay submitted to the CBAI Foundation by a participating Illinois high school senior. Up to 11 additional first-place $1,000 awards and 12 second-place, $500 awards are available in each designated region of the state. An additional $500 will be awarded to the high school of the overall winner.

One-page essay on the theme: How are fintechs impacting the banking industry?

The length of the essay must be one-page, double-spaced, using Times New Roman font, and 10-12 point size.

Information on the contest is available at the bank and the school; essays must be submitted to the bank by March 1st. The bank will submit selected essays to the CBAI Foundation for the statewide competition.

We are available to provide tours of our bank and provide the opportunity to interview a bank officer as part of the research needed. Please feel free to contact marketing at 217.223.6480 to make arrangements.