First National Bank of Granbury endows scholarship for Tarleton students

STEPHENVILLE (April 4, 2017) — The First National Bank of Granbury today donated $25,000 to permanently endow a scholarship for students at Tarleton State University, and added another $1,250 to award the first scholarships this year.

Presenting the donation to Tarleton President F. Dominic Dottavio was John Henry Luton, chairman of the board of directors for the bank.

“We are delighted and grateful for this wonderful support from the First National Bank of Granbury board of directors, which will have an impact on future generations of Tarleton students from Hood and surrounding counties,” said Dottavio. “Scholarships have a huge impact on students’ ability to focus on their program of study and complete their degree. This is truly an impactful gift.”

Top photo: John Henry Luton, chairman of the board of directors for First National Bank of Granbury, presents Tarleton President F. Dominic Dottavio with a check to permanently endow a scholarship for students at the university. Bottom photo: Members of the bank’s board of directors, community leaders and representatives of Tarleton State University gathered Tuesday morning during the scholarship check presentation inside the lobby of First National Bank of Granbury, located on the town’s historic square.

The endowment is expected to generate $1,250 each year for scholarship awards.

Attending the presentation were Granbury Mayor Nin Hulett, Granbury Chamber of Commerce Chief Executive Officer Mike Scott, Charles and Dominique Inge and other community members.

The First National Bank of Granbury, located on the Historic Granbury Square, previously donated to the university in 1996 when it made a major contribution to the Dora Lee Langdon Cultural and Educational Center in Granbury, which Tarleton continues to operate in a partnership with the city.