In support of Rawls College of Business’ Excellence in Banking program, the funds will provide annual scholarships to four students with financial needs

DALLAS (May 18, 2020)– North Dallas Bank & Trust Co. (NDBT), a 60-year-old community bank with five banking centers located in the Dallas Metroplex, has committed $200,000 in support of the Excellence in Banking program at Texas Tech University’s Rawls College of Business.

NDBT, a founding partner of the program, will provide $40,000 annually for a minimum of five years. Each year, the funds will be awarded as a scholarship to four students with financial needs who are in good standing and have been admitted into the Excellence in Banking program. 

“Our gift to Texas Tech’s Excellence in Banking program is a testament of our commitment to investing in the training and development of the banking industry’s future leaders,” said Mike Shipman, a Texas Tech alumni and Chairman & CEO of North Dallas Bank. “We hope this endowment will create more opportunities for current and future students at Texas Tech who are interested in the field of banking, and help prepare these future bankers for a successful and prosperous career.”

Texas Tech’s Excellence in Banking Program, supported by a growing endowment of more than $11 million, is designed to produce top-notch bankers by giving students a comprehensive understanding of modern banking operations and practices. In the program, students will complete their finance curriculum and new courses on advanced banking topics.

 

ABOUT NORTH DALLAS BANK & TRUST CO.

Founded in 1961, North Dallas Bank & Trust Co. (NDBT) has five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. North Dallas Bank & Trust Co. is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com or on Facebook at www.facebook.com/NDBTMarketing/.