Texas Bankers Association Gives $250,000 to Help Texas Tech Develop Future Banking Leaders
July 10, 2019 | By: April Chavez
The Excellence in Banking Program at Texas Tech University's Jerry S. Rawls College
of Business is one step closer to becoming a fully endowed commercial banking education
program today, following the announcement of a $250,000 donation by Texas Bankers
Association, the nation's oldest and largest state banking association.
Texas Bankers Association President and CEO Chris Furlow said the TBA Board of Directors was pleased to donate due to the value the Excellence in Banking Program will bring to the banking community throughout Texas.
"Community banks are integral to a healthy Texas economy, so an investment in the Excellence in Banking Program and in the development of the next generation of bankers is not only an investment in our industry but in our state's communities," Furlow said.
Margaret L. Williams, dean of Rawls College said Texas Bankers Association's "remarkable support" will help the college create new educational opportunities and meet the growing demand for qualified banking professionals.
"We could not be more excited about this program, which is a direct response to the needs of the banking community throughout Texas and beyond. Partnering with our alumni and supporters, such as those at TBA, to make this investment in the future of banking is a true honor," she said.
The gift will be used to directly support student scholarships and a range of academic activities, including keynote speakers, student conference travel, certificate exam fees and travel to industry field trip sites such as the Federal Reserve Banks.
"Texas Tech and Rawls College are committed to a 21st Century banking program that will produce well-rounded and exceptionally prepared bankers for West Texas and all of Texas," said Texas Tech alumnus and former TBA Chairman Scott Dueser, a leading backer of the program. "The Texas Bankers Association is proud to be 'all in for excellence' with Texas Tech."
The new program, which will launch this fall, was driven by the demand for qualified banking professionals, particularly in rural areas. Students will complete courses in finance, accounting and advanced banking topics to prepare them for long-term success in the ever-changing banking industry.