FirstBank Mortgage has awarded $58,000 to families as part of the Next Generation Mortgage Scholarship program. In total, 58 families received $1,000 scholarships across Alabama, Georgia and Tennessee.
FirstBank mortgage bankers Chris Shoemake and Gabe Whitmer awarded three scholarships to families in the Chattanooga area.
Customers who closed a mortgage loan with FirstBank Mortgage in 2019 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.
“We are committed to helping others get to a better place, and a crucial component of that is supporting our future leaders in Chattanooga,” said Wib Evans, president of FirstBank Ventures, which includes FirstBank Mortgage. “The Next Generation Mortgage Scholarship continues to provide financial support to the families of students looking to take that next step in their education.”
The 2019 Chattanooga winners are:
“Taking our work beyond financial services and placing an emphasis on the education of future generations was the original vision of FirstBank founder and Executive Chairman Jim Ayers,” said Lee Townsend, director of Retail Mortgage Lending at FirstBank Mortgage. “The Next Generation Mortgage Scholarship Program gives our mortgage leaders an opportunity to help people get to a better place, and that, at its core, is the foundation that FirstBank was built upon. We couldn’t be more proud of this program and the impact it’s had.”
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.