NBT Bank creates career development scholarship
Donor support opens doors for students
Recent support from NBT Bank could put more women and minority students on career paths to banking.
The Norwich, N.Y.-based company has established the NBT Bank Scholarship for Career Development, which will be awarded to a full-time sophomore or junior student at Binghamton who is interested in working in banking and has at least a 3.0 GPA. Preference will be given to a female or minority student. Financial need will also be considered.
“Pursuing a college education is a significant investment,” NBT spokeswoman Florence Doller says. “By providing this scholarship, we hope to help high-potential students fund a portion of their college costs in the years ahead.”
In addition, the scholarship recipient will have the opportunity to apply for an NBT internship. The company has a well-established internship program, says Justin Rowe, NBT senior human resources generalist and management development program coordinator.
NBT hires student interns each year as part of its summer employment program. And, according to NBT, the company currently employs at least 25 Binghamton alumni, including three recent graduates who joined NBT’s management development program in June.
“Careers in banking — particularly as you advance to higher levels of management — have traditionally been dominated by males,” Doller says. “While we encourage all students to apply for the scholarship, we hope that offering a preference to female and minority students in the application process will ultimately contribute to greater diversity in our industry.”
Binghamton students are “high caliber, academically driven, hardworking and intelligent,” Rowe says. “These are the qualities we value at NBT.”