Alpine Bank fund generates $30,000 in CMC scholarships
GLENWOOD SPRINGS, Colorado ” A partnership between Alpine Bank and Colorado Mountain College has raised $30,000 in scholarship money for nontraditional students to earn a college education.
Through the Alpine Bank Loyalty Visa Check Card program, 10 cents is donated to the CMC Foundation each time bank customers use their loyalty debit/check card with the college’s logo.
Proceeds from the CMC loyalty card, instituted in February 2007, have now reached $30,000.
“It’s really gratifying that the community feels strongly enough to choose the CMC loyalty card and use it enough to generate $30,000 in scholarship funding for nontraditional students,” Glenn Davis, regional president at Alpine Bank in Avon, who also serves as the president of the CMC Foundation Board, stated in a press release. “Hopefully that will grow into the future.”
A nontraditional student is someone who has returned to or started attending college some years after going to high school. Often, these students find it more difficult to get financial aid or scholarships, and are working or raising a family at the same time they are going to college.
Alpine Bank has been a longtime partner with CMC, contributing to new building campaigns, offering a challenge grant to college employees, and initiating the Alpine Bank Latino/Hispanic Scholarship program in 1996.
Alexandra Yajko, chief executive officer of the CMC Foundation, said the latest effort adds scholarship funds for both part-time and full-time students to attend CMC.
Alpine Bank’s loyalty card program began in 1997 and has become an innovative way for customers to support the arts, community organizations, education, the environment, Latin American communities or CMC. Through the cards, the bank has donated more than $2 million to various organizations across western and southwestern Colorado.
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