January 2008
News & Announcements

ECU's mission is to foster a learning environment in which students,
faculty, staff and community interact to educate students for life

FOR IMMEDIATE RELEASE
Contact: Amy Ford
Jill Frye
East Central University
Communications and Marketing
580-559-5650 or 405-812-1428 (cell)
Or Dr. Bill Chapman, Interim Dean, School of Business, 580-559-5649
 

Jim Hamby (from left), CEO of Vision Bank; Dr. Richard Rafes, president of ECU; Bill Horne Sr., chairman of the Board of Directors of Vision Bank; and Dr. Bill Chapman, interim dean of ECU’s School of Business
Completing paperwork establishing the Vision Bank Endowed Professorship in Banking and Finance at East Central University are Jim Hamby (from left), CEO of Vision Bank; Dr. Richard Rafes, president of ECU; Bill Horne Sr., chairman of the Board of Directors of Vision Bank; and Dr. Bill Chapman, interim dean of ECU's School of Business. The bank’s gift of $125,000 will be matched by the Oklahoma State Regents for Higher Education. Interest income from the endowment will be used to help attract and retain an outstanding business professor in the area of banking and finance.

 

VISION BANK GIFT ENDOWS PROFESSORSHIP IN BANKING, FINANCE AT ECU

Vision Bank of Ada has donated $125,000 to the East Central University Foundation Inc. to establish the Vision Bank Endowed Professorship in Banking and Finance.

The gift will be matched by the Oklahoma State Regents for Higher Education for a total endowment of $250,000. Interest income from the endowment will be used to help attract and retain an outstanding business professor whose teaching specialty is in the area of banking and finance.

Dr. Bill Chapman, interim dean of ECU's School of Business, said Vision Bank, formerly the First National Bank and Trust Co. of Ada, has supported the school's activities for more than 50 years.

"The bank has provided part-time employment to literally hundreds of ECU business students over the years," he said, "and has been a major employer of ECU School of Business graduates. Currently, over half the officers of Vision Bank are graduates of East Central University."

Participating in the signing ceremony were Jim Hamby, CEO of Vision Bank; Bill Horne Sr., chairman of the Board of Directors of Vision Bank; ECU President Richard Rafes; and Chapman.

# # #