Ohio Valley Bank establishes scholarships for MOVC students - WBOY.com: Clarksburg, Morgantown: News, Sports, Weather

Ohio Valley Bank establishes scholarships for MOVC students

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The Ohio Valley Bank has established a new scholarship to benefit students attending Marshall University's Mid-Ohio Valley Center.

 "As a locally based business, Ohio Valley Bank is a longtime partner of the Mid-Ohio Valley Center as it works toward academic excellence," said Homer Preece, director of the center. "We are pleased to get this scholarship program under way."

Mario Liberatore, president of Ohio Valley Bank Point Pleasant and long-time member of the MOVC Board of Advisors, announced the scholarship agreement June 12. Marshall President Stephen Kopp and Ron Area, chief executive officer of the Marshall University Foundation, will oversee the fund.

 "I am very happy to be a part of a community bank like Ohio Valley Bank, who takes great pride in helping the youth in our area," Liberatore said. "This scholarship is an example of many ways that we help Mason County and all the other communities that we serve."

Plans call for each recipient of the scholarship to be a full-time sophomore, junior or senior at MOVC with a minimum 2.5 grade point average. Priority will be given to students in Mason County first, then Gallia and Meigs counties in Ohio. The award will be renewable for up to four years if the recipient remains in good academic standing with a 2.5 grade point average. Recipients will be selected by the director of the center, with assistance from the Board of Advisors and Marshall's Office of Student Financial Assistance. The first scholarship is expected to be awarded during the 2014-2015 academic year.