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First Bank of Berne’s Deon Shoaf, AVP Awarded Scholarship

April 9, 2009

Berne, IN — The Indiana Bankers Association has named Deon Shoaf recipient of the Prochnow Educational Foundation/Indiana Bankers Association Scholarship.  Shoaf, AVP Deposit Operations Officer with First Bank of Berne,  Berne Main Office location, will receive a $1,250 scholarship for each of the three years of the Graduate School of Banking at the University of Wisconsin-Madison.  Deon was one of only two bankers from the state of Indiana who were awarded scholarships from the program this year.  

This $3,750 scholarship, established and funded by the Herbert V. Prochnow Educational Foundation, furthers the goal of supporting banker education.  The scholarship is made available annually to selected individuals who have demonstrated outstanding leadership and a commitment to his or her community and to the banking industry. 

“The banking industry and the communities we serve have a bright future because of the leadership of bankers such as Deon Shoaf,” said Laurie Rees of the Indiana Bankers Association. “This scholarship is in recognition of his leadership in his bank and the communities it serves,” Rees continued. 

The Herbert V. Prochnow Educational Foundation, a not-for-profit support organization to the Graduate School of Banking, has promoted the growth of banker education throughout the United States.  The Graduate School of Banking was established in 1945 and has more than 19,000 alumni.   

The Indiana Bankers Association sponsors the Graduate School of Banking through its membership in the Central States Conference of State Bankers Associations.