Thursday, May 15, 2008
Stillwater National Bank Donates $50,000 to OSU-Tulsa
TULSA – SNB Bank of Tulsa, a division of Stillwater National Bank, has donated $50,000 to Oklahoma State University-Tulsa to establish a permanent scholarship fund to support undergraduate students. The $50,000 endowed scholarship will create the Stillwater National Bank President’s Distinguished Scholarship at OSU-Tulsa. The President’s Distinguished Scholarship is the most prestigious undergraduate scholarship at OSU and will be awarded to students with outstanding academic credentials and strong leadership abilities. OSU-Tulsa President Gary Trennepohl accepted the gift from David York, President of SNB Bank of Tulsa, during the President’s Council Spring Reception on May 14. "We are delighted with SNB Bank of Tulsa’s support for generations of OSU-Tulsa students,” Trennepohl said. “This gift demonstrates a strong commitment to our students and recognizes the high-quality programs OSU-Tulsa provides our community." York said the gift was an opportunity to expand educational options for students in the Tulsa area and invest in a highly educated workforce. “We strongly believe in providing unconditional support to the communities we serve and the institutions that we believe are going to be essential for the future growth and quality of life for the State,” York said. “Having OSU-Tulsa in our community offering a wide variety of educational opportunities is essential. Hopefully, recipients of this scholarship will remain in the area so that their OSU-Tulsa educational experience will benefit Tulsa in future generations.” Trennepohl said the continuing support of local businesses and private donors has resulted in more than $87,000 worth of scholarships being awarded last year. This is the second President’s Distinguished Scholarship established at OSU-Tulsa. Founded in 1894, Stillwater National Bank and its parent company, Southwest Bancorporation, Inc., are headquartered in Stillwater, Oklahoma and currently have offices in Oklahoma, Texas and Kansas. The company has $2.7 billion in assets and is publicly traded on the NASDAQ (OKSB). To learn more about endowed scholarships at OSU-Tulsa, contact the OSU Foundation in Tulsa at 918-594-8189.