GenoaBank announced plans to sponsor its annual Scholarship Golf Outing. This annual golf scramble provides scholarships to local students planning to major in business at a two- or four-year college or university of their choice.
This year’s outing is scheduled for Sept. 9, at the Oak Harbor Golf Club in Oak Harbor. Shotgun starts will begin at 8 a.m. and 1 p.m. The entry fee is $260 per team. The event also includes a mixed division in addition to the open division. The day’s events will include various all-day skill prizes, betting holes, raffle prizes, and two 50/50 cash drawings.
To mark the 22nd year of its scholarship program, GenoaBank President and CEO, Martin P. Sutter recently awarded $8,000 to 16 graduates within the Class of 2016. Since its inception in 1994, GenoaBank has awarded over $100,000 through the GenoaBank Scholarship. Award recipients are chosen by their high school counselors and scholarships are awarded on a combination of criteria, including academic achievement.
Sutter summarized the bank’s motivation behind the scholarship when he stated: “There is little question that for most families, college financing is the next biggest expenditure after their home. While GenoaBank recognized this in the 1990s, I do not think that anyone could have foreseen the escalation of costs over these past twenty-two years. As a result, it’s extremely rewarding to know that we can provide this type of direct assistance to hard-working and deserving students. The Bank has a long history of supporting members of our community.”
This year, the money collected will benefit the following schools: Cardinal Stritch, Clay, Danbury, Genoa, Lake, Maumee, Northwood, Northview, Oak Harbor, Perrysburg, Port Clinton, Put-in-Bay, Rossford, Southview, Waite and Woodmore.