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September 09, 2010
A long-time Central Pacific Bank (CPB) customer, who requested to remain anonymous, has donated $25,000 to establish a scholarship endowment fund through the Hawaii Community Foundation for the benefit of CPB employees and their dependents. Starting in the 2011-2012 school year, the Central Pacific Bank Works For You Scholarship Fund will award annual scholarships to selected employees and/or dependents pursuing a post-secondary education.
“I have always had a special relationship with Central Pacific Bank and believe that it has served Hawaii’s people in a very meaningful way through good times and bad,” the CPB customer said. “I wanted to do something that told CPB employees, you have made a difference and someone noticed. I hope these scholarships say in some heartfelt way, thank you for caring and going the extra mile.”
Scholarship applicants must be an employee of CPB or Central Pacific HomeLoans (CPHL) with a minimum of one year of service, or a dependent of a qualified CPB or CPHL employee under the age of 26.
“We are grateful and humbled by our customer’s generous act,” said John C. Dean, Executive Chairman of Central Pacific Bank. “This scholarship fund supports something we value at CPB – education, and it reflects the strong relationship we have with our customers.”
The administration of the scholarship will be handled by the Hawaii Community Foundation (HCF), a public, statewide, charitable services and grantmaking organization supported by donor contributions for the benefit of Hawaii's people. In applying for the CPB Works For You Scholarship, candidates also have the potential to access more than 150 other scholarship funds administered by HCF and may be considered for additional grant monies. For more information about the scholarship and application process, visit the Hawaii Community Foundation website at www.hawaiicommunityfoundation.org.