MinBanc was established in 1999 as a nonprofit foundation generating scholarship funds to advance the education of minorities in the financial services industry. Scholarship grants of up to $4,000 per employee per year are made available to eligible management employees of minority- and women-owned banks. Each year scholarships are awarded to employees of between 15 and 20 institutions. Since its inception, over 2,000 employees of minority- and women-owned banks have received scholarships from MinBanc.
Additional information on MinBanc may be obtained from the National Bankers Association at (202) 588-5432.