Ohio Valley Bank establishes scholarship for students served by Point Pleasant center

OhioValleyBankScholarship_06-12-13Full-time students at the Mid-Ohio Valley Center (MOVC) will benefit from a new scholarship fund established by the Ohio Valley Bank.

“As a locally based business, Ohio Valley Bank is a longtime partner of the Mid-Ohio Valley Center as it works toward academic excellence,” said Homer Preece, director of the center. “We are pleased to get this scholarship program under way.”

The scholarship agreement was announced last week at the bank’s Point Pleasant location by Mario Liberatore, president of Ohio Valley Bank Point Pleasant and a longtime member of the MOVC Board of Advisors;  President  Stephen J. Kopp; and Dr. Ronald G. Area, chief executive officer of the Marshall University Foundation Inc., which will administer the fund.

“I am very happy to be a part of a community bank like Ohio Valley Bank, who takes great pride in helping the youth in our area,” Liberatore said. “This scholarship is an example of many ways that we help Mason County and all the other communities that we serve.”

Plans call for each recipient of the scholarship to be a full-time sophomore, junior or senior at MOVC, with a minimum 2.5 grade point average. Priority will be given to students in Mason County first, then Gallia and Meigs counties in Ohio. The award will be renewable for up to four years if the recipient remains in good academic standing with a 2.5 grade point average. Recipients will be selected by the director of the center, with assistance from the Board of Advisors and the Office of Student Financial Assistance. The first scholarship is expected to be awarded during the 2014-2015 academic year.


Photo: Mario Liberatore, president, Ohio Valley Bank Point Pleasant, presents a copy of the guidelines for a scholarship fund for students of Marshall University’s Mid-Ohio Valley Center, to Marshall President Stephen J. Kopp. From left: Jeffrey E. Smith, chairman, Ohio Valley Bank; Tom Wiseman, president and CEO, Ohio Valley Bank; Kopp; Liberatore; Christine Anderson, associate vice president for development, Marshall University Foundation; Dr. Ronald Area, CEO of the Marshall University Foundation; and Homer Preece, director of Marshall’s Mid-Ohio Valley Center. Photo by Tyler Kes.