St. Clair Shores-based Bank Establishes Macomb Community College Scholarship

St. Clair Shores-based First State Bank recently donated $10,000 to Macomb Community College to establish a scholarship fund for graduates of East Detroit High School.

Macomb will award 10, $1,000 scholarships during the upcoming school year to eligible graduates from East Detroit who have a minimum of a 2.5 grade point average and enroll for at least six credit hour at Macomb.

"I am so pleased we are able to present to the students of East Detroit High School this scholarship opportunity," said Eugene Lovell, president and CEO, First State Bank, in a release.  "Our success as a business, and as a community, depends upon our youngest members growing and thriving in a complex, diverse economy. Macomb Community College understands this, and stands committed to help these students meet their educational needs."

The scholarship adds to nearly $185,000 in private scholarship funds awareded by the Macomb Community College Foundation. The Foundation generates and manages private financial support for the educational purposes and objectives of the college, a release stated.

"Macomb Community College is deeply appreciative of First State Bank's support in connecting residents to educational opportunities that will advance them into meaningful career pathways," said James Jacobs, Ph.D., president, Macomb Community College, in a release.  "We also applaud First State Bank for their leadership as a locally based business willing to make a tangible commitment to our community's economic vitality by helping residents get the education necessary for success in the New Economy."