“Clara Henderson of Paoli Junior-Senior High School and Ty Kalb of Northeast Dubois High School receives Springs Valley Bank & Trust Company’s 2023 Community Reinvestment Act (CRA) Scholarships”

Springs Valley Bank & Trust Company is pleased to announce the 2023 winners of two (2) Community Reinvestment Act (CRA) Scholarships! The $1,000.00 CRA Scholarship recipients are Clara Henderson of Paoli Junior-Senior High School and Ty Kalb of Northeast Dubois High School. Clara plans to major in Family Sciences (Pre-Med) at The University of Kentucky. Ty plans to major in Biology at Franklin College.

"Springs Valley is thrilled to recognize these outstanding students for their hard work and achievements. Their contributions and leadership in school and community activities are key components to using their success to help others in the future," said Melody Ginder, CRA Officer. "Service to the community and making a difference is part of Springs Valley’s culture. We know that a good education is one of the best investments a person could make into improving our communities. Through Springs Valley’s CRA Scholarship Program, we are able to help local students make that investment in their futures."

This is the second year for Springs Valley’s annual CRA Scholarship Program which is awarded to area students based on financial need, scholastic achievement, and a record of volunteer service in their communities. The scholarship can be used for any post-secondary education program, including four-year universities, community colleges, and vocational training schools.

Springs Valley Bank & Trust Company, is a subsidiary of SVB&T Corporation, headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Springs Valley has locations in Dubois, Daviess, Gibson, and Orange Counties, offering full-service bank and financial services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications and a variety of other loan options. Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.

In addition, the company has a full-service financial advisory group managed by experienced, talented professionals specializing in estate planning, tax planning and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. Trust and Investment products are not deposits; not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the depository institution; not insured by any Federal Government Agency; may lose value - subject to investment risks, including possible loss of the principal amount invested.

More information can be found online at www.svbt.bank. The company’s stock is traded on the OTCQX trading platform under ticker symbol SVBT (www.otcmarkets.com).

More Information

For more information contact: Melody Ginder, CRA Officer and Compliance Analyst II, at 812.634.4921 or eMail mginder@svbt.bank.