Lamar University announced April 4 that four students have received a donation of $10,000 from CommunityBank.
“As Beaumont's only locally owned and managed bank, CommunityBank is in the unique position of understanding, at an organic level, the critical role that Lamar University plays in the future of Beaumont and our corner of Texas," J. Pat Parsons, vice chairman of the board, said. "Just as a community cannot prosper without a locally owned bank of significant size to manage and invest its capital back into the community, we cannot prosper without the educational and leadership resources that Lamar provides and nurtures."
This donation will be used support four students from any department, which will be determined by a university scholarship committee.
"Investments in higher education are among the most important we can make for the future of southeast Texas," Juan Zabala, vice president for university advancement, said. "Unlocking individual potential through higher education creates opportunities that spread throughout our region as our graduates realize successful careers. We're grateful for partners like CommunityBank."