Corsicana Daily Sun, Corsicana, Texas

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February 10, 2013

Business News

Corsicana — Community National Bank and Trust

K.C. Wyatt, President and CEO of Community National Bank & Trust of Texas (CNB&T), is pleased to announce that the bank has earned both a 5-Star rating and the Sustained Superiority Award from BauerFinancial.  

In order to receive the 5-Star rating, Community National had to excel in the areas of capital adequacy, profitability and asset quality. This is the highest rating for strength and security. To earn the even more prestigious Sustained Superiority Award, the bank had to earn the 5-Star rating for at least 66 consecutive quarters. These two honors place Community National in the top 10 percent of banks nationwide.

BauerFinancial is the leading rating service for reporting and analyzing the performance of U.S. banks and credit unions rating since 1983. Over the years, this rating system has earned the trust and recognition of regulators, bankers and consumers across the nation.  

“We are honored to receive this recognition by BauerFinancial. Our employees and directors are dedicated to helping our bank customers succeed and our community to grow,” said Wyatt.

Community National has two locations in Corsicana, along with locations in Frost, Fairfield, Buffalo, Red Oak and Richland Chambers Lake. The bank is owned by Community Bank Holdings of Texas based in Corsicana and has assets of approximately of $377 million with 112 employees. Its trust and investment department manages over $186 million for local individuals, businesses and charitable foundations, and it makes charitable grants totaling over $500,000 annually to local non-profit organizations.

To view the complete rating by BauerFinancial, visit www.bauerfinancial.com.  

 Tractor Supply Company

BRENTWOOD, Tenn. – As an extension of its sponsorship with the National FFA Foundation, Tractor Supply Company has recently announced a new scholarship program to assist FFA members in their pursuit of a college degree.

The Growing Scholars program will be supported nationally by each of the more than 1,150 Tractor Supply stores Feb. 15-24, which includes National FFA Week. Tractor Supply customers can donate $1 at store registers during the checkout process to support local FFA chapters and their members. Ninety percent of funds raised through Tractor Supply’s Growing Scholars program will be utilized to fund scholarships for FFA members. The remaining 10 percent of donations will benefit state FFA organizations.

 “This program will provide critical funding to FFA members who intend to pursue a college degree and local FFA chapters that enrich the lives of young members by teaching life skills, citizenship and leadership qualities,” said Tractor Supply President and CEO Greg Sandfort. “For us, this is an outstanding way to support our current and future customers and future team members and a way to give back to the 1,100-plus unique communities we serve.”

To be eligible for the scholarship, students must be current FFA members and either high school seniors or a freshman, sophomore or junior college student seeking a two- or four-year degree or other specialized training program. Major areas of study will also be considered when determining scholarship recipients.

“We are extremely grateful to Tractor Supply and its customers for supporting FFA, student and alumni members and agriculture education in general,” said National FFA Foundation Executive Director Robert K. Cooper.

In addition to the Growing Scholars program, Tractor Supply and the National FFA Foundation have many other joint initiatives, including the FFA horse evaluation career development event, National FFA Week and the annual National Association of Agricultural Educators Conference. At an individual store level, Tractor Supply continually hosts fund-raising events and works closely with local FFA chapters and high school agriculture advisors to provide resources and leverage synergies.

“Local high school agricultural advisors and FFA chapters feel at home in their local Tractor Supply stores,” said John Wendler, senior vice president of marketing at Tractor Supply. “These groups often host fund-raising events at our stores to raise money for community projects, like building a school greenhouse, a new bridge in a public park or an animal care lab. Our stores also work with local FFA members to support specific programs and proficiencies by providing demonstrations from knowledgeable Tractor Supply employees and our vendor partners, which brings significant value to both organizations.”

 

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