Independence Bank Scholarship Program

Graduation Cap and Diploma Line ArtEach year, Independence Bank awards over $100,000 to high school seniors pursuing a college education with dreams of making a difference.
Applicants must be a high school senior that lives or attends school in one of the following counties: Calloway, Daviess, Franklin, Graves, Hancock, Henderson, Hopkins, Jefferson, McCracken, McLean, Warren, Webster.
Applicants are judged based on a submitted essay, high school grades, ACT scores, financial need, extracurricular activities, community involvement and personal interviews.

The American Dream

The Independence Bank Scholarship Program began in 2001 as a dream of the late Charles A. Reid, founding partner and father of current CEO, Chris Reid. Before his death in 2001, Charles requested that the scholarship program be built to provide an opportunity for deserving high school students in need to have the opportunity to receive a college education. The very first scholarship given was in the amount of $10,000. Since then, over $1 million has been awarded to high school seniors to help make their dreams of a college education come true.

Chris Reid

My father loved the thought of the American dream, and with that, he knew he had to go to college. He joined the Navy to get the GI bill to pay for his college education once he had finished. When he finished with the Navy, he came home and received a great education at Brescia University. He became an accountant, and that career just flourished. The two of us, along with my uncle and my mother, formed Independence Bank. In 1997, we were $25 million in total assets, today we are in the billions. And all of this because of my father, he was the American dream.

Chris Reid CEO

Independence Bank is looking for students who need a hand.

Someone who will return to their community and do like Charles Reid did and live the American dream. Students who will make life better for everyone around them, just as Charles wanted. He wanted everyone to prosper and wanted everyone to be better. And through his college education, he made the world a better place. That’s what the Independence Bank Scholarship Program is about.


Whitney Galloway

"In 2014, I received the Marjorie Reid $10,000 scholarship, allowing me to further my education and relieve a significant portion of the financial obligation and stress associated with paying for college. Every year of my college career I was reminded that the people of Independence Bank believed in me. I graduated with a bachelor's degree in Business Management from Brescia University in May of 2018 and the relationships and knowledge I gained through my experience I owe, in part, to the generosity of Independence Bank and the Reid family."

Whitney Galloway Scholarship Recipient