1ST SUMMIT BANK Donates To Foundation’s EITC Fund
Posted January 9, 2024 at 10:53 amThe Pennsylvania Highlands Community College Foundation recently received a $2,500 donation from 1ST SUMMIT BANK. This contribution will be directed towards the College’s Educational Income Tax Credit (EITC) fund.
The donation will empower the bank and other institutions to provide valuable support to the educational initiatives offered by the College.
This contribution plays a pivotal role in facilitating reduced-price class offerings for students enrolled in the Accelerated College Education (ACE) Program or participating in dual enrollment.
“Our relationship with 1ST SUMMIT BANK shows they care deeply about our mission and our students,” stated Carole VanMeter, Director of the Foundation. “This donation is helping us make a positive impact on so many high school students, and it helps to reinforce our potential future workforce.”
EITC provides high school students with the opportunity to enroll in college-level courses. By earning credits through this program, students can explore the offerings of Penn Highlands and gain valuable insights into their prospects.
“Providing quality education to the existing and future workforce here in our community is extremely important for the growth of our overall market,” stated Eric Renner, 1ST SUMMIT BANK President. “Pennsylvania Highlands Community College is an asset to our region and 1ST SUMMIT BANK is proud to support the college, as well as many other fine educational programs and institutions, through our participation in the Educational Improvement Tax Credit program.”
In 2023, the EITC Program received funding of $17,000, enabling the College to provide over 2,000 participating students with more than 7,000 credits at discounted rates in the previous year alone.
College receives donation check from 1ST SUMMIT BANK. Pictured left to right: Dr. Steve Nunez, College President; Carole VanMeter, College Foundation Director; Eric Renner, 1ST SUMMIT BANK President; and Sean McCool, 1ST SUMMIT BANK Assistant Vice President & Business Relationship Manager. (Taken December 2023)