F&M Trust donates $50K to Hagerstown Community College scholarship marketing campaign, enterprise incubator

From left, Warren Elliott, Chairman of the Board of Franklin Financial Services Corporation; Dr. James Klauber, president of Hagerstown Community College; John Williamson, chairman of the hoard of Trustees, Hagerstown Community College; and Tim Henry, President and CEO, F&M Trust, who attended the donation. (Submitted photograph)

F&M Trust in Chambersburg pledged $50,000 to Hagerstown Community College to help its expanded scholarship program and its efforts to encourage entrepreneurship.

The financial institution will contribute $25,000 to the faculty’s A Gem for Generations marketing campaign and $25,000 to the David W. Fletcher Incubator + Labs over the following 5 years.

The financial institution will create a named, endowed scholarship as a part of the A Gem for Generations marketing campaign. These scholarships are the flagship program of the HCC Foundation and supply practically $500,000 in scholar help every year. The faculty’s imaginative and prescient is to double that quantity to $1 million in 5 years.

HCC strives to supply a high-quality training that’s inexpensive, equitable, and promotes success in at the moment’s economic system. With 70 % of HCC college students eligible for some stage of economic help, there are extra worthy college students than there are scholarships accessible.

The financial institution’s contribution to the incubator will help small-business homeowners and financial growth in Washington County. Through the incubator, entrepreneurs study, leverage, and launch into Washington County. The incubator’s mission is to work with start-ups, assist them to develop, and join them with neighborhood companions to maintain that progress.

A subsidiary of Franklin Financial Services Corp., F&M Trust is an unbiased neighborhood financial institution headquartered in Chambersburg. With roughly $1.8 billion in belongings, F&M Trust has 21 community-banking places in Franklin, Cumberland, Fulton and Huntingdon counties.

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