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 Washington Savings Bank Wealth Management Department Awards Scholarships 

Published on July 10, 2026 10:22 am
Last Updated on July 10, 2026 10:22 am

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Pictured are scholarship recipients and Washington Savings Bank Wealth Management Department team members. From left: Tami Wells, Scholarship Coordinator; Aaron Rice, Trust Department Intern. From right: Rachel Kercheval, Scholarship Coordinator. Student recipients are pictured but not individually identified.

The Washington Savings Bank Wealth Management Department has announced the awarding of $242,750 in local scholarship funds to both new and returning students for the 2026–2027 academic year.

These scholarships are made possible through the generosity and lasting commitment of local individuals, families, organizations, and businesses that have established scholarships to support higher education opportunities for area students.

Scholarships awarded this year include the Jack Shaffer Educational Fund; Mattoon Chamber Charitable Corporation Scholarship; Jacob and Clara Mae Stump Memorial Scholarship Fund; Stephen Dexter and Emily Tipton Dole Scholarship Trust; Florence Ramsey Memorial Scholarship; Fraternal Order of Eagles Aerie #3438 Scholarship; Bill Boyd Memorial Scholarship Fund; Mattoon V.F.W. Post #4325 Scholarship; and Charlie Brown Scholarship Fund.

Individuals, families, businesses, and organizations interested in establishing a scholarship fund are encouraged to contact the Washington Savings Bank Wealth Management Department at 217-234-6430 or visit www.washingtonsavings.net/wealth-management/ for more information.