FirstBank Mortgage has awarded $1,000 scholarships to 73 families as part of the Next Generation Mortgage Scholarship program. In total, $73,000 was awarded to families across Alabama, Georgia and Tennessee.
FirstBank mortgage bankers Chris Shoemake and Cody McNeill awarded a combined three scholarships to families in the Chattanooga area.
Customers who closed a mortgage loan with FirstBank Mortgage in 2018 were automatically entered in a drawing for a $1,000 scholarship for a child, stepchild, adopted child or foster child living at home. Recipients were selected by FirstBank mortgage bankers, who drew one name for every 50 loans they closed.
“One of our priorities at FirstBank Mortgage is building a strong community and encouraging and supporting future leaders in Chattanooga,” said Wib Evans, president of FirstBank Ventures. “The Next Generation Mortgage Scholarship helps provide financial support to the families of students pursuing a vital next step in their education.”
The 2018 Chattanooga winners are Ian Eisdorfer, Corey Cook and Ralph Maples.
“This program was a particular vision of FirstBank founder and Executive Chairman Jim Ayers, and we’re proud to have a leadership team that is actively advocating for the education of students,” said Lee Townsend, director of Retail Mortgage Lending at FirstBank Mortgage. “We take pride in helping people get to a better place, and that includes investing in students who are pursuing higher education. Next Generation is an extremely meaningful program for Mr. Ayers and our entire FirstBank team.”
This year’s scholarship program is open to qualifying FirstBank Mortgage customers in Alabama, Georgia and Tennessee who close a mortgage between Jan. 1 and Dec. 31. Those customers will be entered into the following year’s drawing.