Tuesday, August 29, 2017

Bank of Idaho to present endowment check to College of Eastern Idaho

Bank of Idaho will be presenting a check for $12,000 Thursday morning to the newly formed College of Eastern Idaho, to establish a scholarship endowment with the CEI Foundation.

The presentation will be at 11 a.m. at CEI’s main office, 1600 S. 25th East. Dignitaries expected to attend include Idaho Falls Mayor Rebecca Casper, Ammon Mayor Dana Kirkham, College of Eastern Idaho officials, foundation directors, and members of the Board of Trustees. An informal reception will follow.

Seeing the conversion of Eastern Idaho Technical College to a four-year community college is something Bank of Idaho has fully supported since the idea was first introduced several years
ago, said Jeff Newgard, the bank’s president and CEO. “We had great momentum with public interest in an affordable 4-year college,” he said. “We felt the timing was perfect, and by jumping in and establishing the fund and holding our first annual golf tournament, we know we can make a big difference for students who need some help pursuing a college education.”

To benefit CEI, Bank of Idaho held its first ”Swing for the Green” golf tournament in late June, with 25 teams participating. It was co-hosted by three LPGA Professionals who have committed to returning next year.

“We know that the ripple effect of a four-year community college will benefit every small business in our community in a big way,” Newgard said. “We hope to get the word out about the endowment fund because we aren’t stopping here. Bank of Idaho is proud to support CEI and the pursuit of educational excellence in our community.”

For details on how you can join Bank of Idaho in contributing to the Endowment Fund for Higher
Education, contact Bank of Idaho’s vice president of market development, Jarod Phillips, at 208-524- 5500 or via email at j.phillips@bankofidaho.net.