Centennial Bank Establishes Scholarship Fund for Florida High School Graduates

Centennial Bank recently launched its Financial Literacy Scholarship program with a pledge of $100,000 over five years to graduating high school seniors throughout Florida. The college scholarship is part of the bank’s commitment to financial literacy and the local community. The scholarship program will be available to schools participating in the bank’s current financial education program that caters to schools with 51% or more students receiving free or reduced lunch. The program will be available starting with the class of 2023. High school seniors who excel in their designated math class can be nominated for the scholarship by the course instructor or school counselor.

Along with April being Financial Literacy Month, Florida Governor Ron DeSantis’ recently signed a bill requiring Florida public high school students to complete a personal finance course to graduate, set to commence for incoming first-year students of the 2023-2024 school year. Students chosen for the scholarship will be allocated funds each semester throughout their college education for four years.

“With bi-partisan Senate approval and the entire state’s attention, there is no better time to showcase the importance of financial literacy for the next generation and reiterate our commitment by taking action,” David Druey says, Florida regional president for Centennial Bank. “Through this scholarship, we will help more than 25 high school students throughout Florida continue their education while raising awareness for fundamental and lifelong personal finance skills.”

The launch of the scholarship program is an extension of Centennial Bank’s commitment to financial literacy. Last year, the bank partnered with GreenPath Financial Wellness, a national nonprofit focused on financial education and Banzai Inc., an interactive, award-winning course on real-world finance. The partnerships provided valuable, complementary resources, such as virtual courses and educational materials, to more than 43 schools, retirees and first-time homebuyers in Florida.

“As champions for the communities we serve, our Financial Literacy Scholarship reaffirms our core values and commitment to bolstering our backyard,” J.C. de Ona says, Southeast division president for Centennial Bank. “With this scholarship, we are simultaneously investing in prospective bankers, lenders, and visionaries for generations to come. We hope other financial institutions, organizations, and businesses will join us in this effort.”

You May Also Like
MADD Southeast Florida Hosts VIP Kick-Off Party for Annual Walk Like MADD & MADD Dash Fort Lauderdale 5K

Mothers Against Drunk Driving (MADD) Southeast Florida celebrated its 14th Annual UKG & Salah Foundation Walk Like MADD & MADD Dash Fort Lauderdale 5K presented by the Sheriff’s Foundation of Broward County with a recent 2025

Read More
MS Focus on Fashion Offers a Night of Elegance and Empowerment for People With Multiple Sclerosis

The company has worked in the community for nearly 40 years.

Read More
Finalists Announced for 14th Annual Community Care Plan Nonprofit Awards

The event is hosted by 211 Broward and held at the Seminole Hard Rock Hotel & Casino.

Read More
Alec Ingold’s Gifts In Gold Campaign Plans to Build Playground for SOS Children’s Villages Florida

The Miami Dolphins fullback was nominated for the Walter Payton NFL Man of the Year award.

Read More
Other Posts
Unwind Along the Paradise Coast at LaPlaya Beach & Golf Resort

It is one of only a few luxury properties on the beach in the area.

Read More
Destination Golf: PGA National Resort

Experience one of South Florida’s top golf courses.

Read More
Curve Appeal: Ombelle Brings a Highly Desired Aesthetic to Downtown Fort Lauderdale

Downtown Fort Lauderdale has had a surge of high-rise residential developments, but one group of critics hasn’t always been happy. Members of the Fort Lauderdale City Commission have critiqued some

Read More