Farmers National Bank Regional Manager Eric Funk, at left, and Farmers National Bank DuBois Branch Manager Kelli Allison, at right, present a $3,500 check to Penn State DuBois Interim Chancellor Ping Werner (center). This gift made through the EITC state tax credit program is intended to support offerings of youth programs on campus.
DuBOIS, Pa. – Farmers National Bank has contributed $3,500 in support of Penn State DuBois youth programs through a Pennsylvania state tax credit program. The Educational Improvement Tax Credit (EITC) program is administered by the Department of Community and Economic Development, and it allows businesses to contribute to specified educational institutions in lieu of regular state tax payments. Specifically, EITC requires that businesses support scholarship funds for youth. Farmers has participated in the EITC program since the first year it was offered in 2001.
At Penn State DuBois, programs that benefit from this gift from Farmers National Bank include innovative educational youth programs, which are advanced academic or similar programs that are not part of the regular academic program of a public school, but that enhance the curriculum or academic program of the public school.
“Farmers National Bank takes great pride in supporting the opportunities Penn State DuBois has created for youth in central Pennsylvania,” said Farmers National Bank Chairman of the Board, President and Chief Executive Officer William C. Marsh. “The knowledge these students will acquire through these experiences is vital to building a better community, which is one of the missions of our organization.”
Farmers National Bank was founded in 1900, with the aim of being a bank committed to the communities it serves. From one small office in Emlenton, Pennsylvania, Farmers has expanded to 20 community offices located in 10 counties across western Pennsylvania and West Virginia. Farmers’ mission is to remain a strong, independent community bank committed to optimizing value by engaging customers, empowering employees and delivering a positive impact.
For information on all giving at Penn State DuBois, contact Director of Development Jean Wolf at 814-372-3038 or [email protected].
This gift will advance "A Greater Penn State for 21st Century Excellence," a focused campaign that seeks to elevate Penn State’s position as a leading public university in a world defined by rapid change and global connections. With the support of alumni and friends, “A Greater Penn State” seeks to fulfill the three key imperatives of a 21st-century public university: keeping the doors to higher education open to hardworking students regardless of financial well-being; creating transformative experiences that go beyond the classroom; and impacting the world by serving communities and fueling discovery, innovation and entrepreneurship. To learn more about “A Greater Penn State for 21st Century Excellence,” visit greaterpennstate.psu.edu.
