ALEXANDRIA, Va.--(BUSINESS WIRE)--Sierra Espeland of Colonial Forge High School in Stafford, Virginia was selected as the statewide winner in the Virginia Bankers Association (VBA) 2017 Bank Day Scholarship Essay Contest. Espeland, who participated in Burke & Herbert Bank’s Bank Day program, advanced to the statewide competition after winning the Northern Virginia Regional competition last week. As the statewide winner, Espeland will receive a $5,000 scholarship to combine with the $2,500 from her regional win.
Espeland along with other high school seniors visited Burke & Herbert Bank in Alexandria on March 29 and shadowed branch staff, heard from local business owners and met with the Bank’s Chairman and Chief Executive Officer, Hunt Burke and President and Chief Operating Officer, Scott McSween. To compete for the scholarships, students submitted an essay on their experiences to VBA. Over 400 students participated across the state.
“Burke & Herbert Bank is committed to increasing financial literacy, particularly among students before they head off to college and begin to manage finances on their own. We’re delighted that our message about the importance of financial education and the role that banks play in the community resonated so strongly with Sierra. We’re especially pleased to see her recognized for her essay and doubly proud that her mother is a Bank team member!” remarked Terry Cole, Executive Vice President at Burke & Herbert Bank. Espeland’s mother, Nancy Espeland works in the Bank’s mortgage department.
VBA Bank Day is a statewide effort sponsored by the VBA Education Foundation and the VBA Emerging Bank Leaders. The purpose of the day is to provide an opportunity for high school seniors to learn about banking, financial services and the vital role banks play in their communities.
Burke & Herbert Bank, established in 1852, is the oldest bank in the Commonwealth of Virginia and the oldest continuously operating bank in the Washington, D.C. area. The Bank offers a full range of personal and business banking products and services designed to meet customers' banking, borrowing, and investing needs. Burke & Herbert Bank is headquartered in Alexandria and operates 25 branches in Northern Virginia. Member FDIC.