October 11, 2007

For more information, contact: Stephen E. Snyder
(229) 931-2037    ssnyder@canes.gsw.edu

  Central Bank of Georgia makes $110,000 donation to GSW School of Business

AMERICUS—Central Bank of Georgia in Ellaville recently pledged a donation of $110,000 over two years to Georgia Southwestern State University (GSW).

The gift has been designated to support the GSW School of Business Administration and will equip a state of the art stock market room, furnish the newly renovated School of Business conference room and support GSW Students in Free Enterprise (SIFE). 

“As we talk about the importance of the University to the local economy and the impact that additional students will have on the community, we also stress the importance of the community pitching in to help,” said President Kendall A. Blanchard, Ph.D. “This gift from Central Bank is a great illustration of the type of support we need as we work to increase our numbers.”

"We are very grateful to John Gill and Central Bank of Georgia for supporting the School of Business Administration and SIFE,” said John Kooti, Ph.D., dean of the School of Business. “John has been a great supporter of the School of Business for a number of years.”

As one of the top 5 teams in the U. S., GSW’s SIFE team was invited to send two students to the SIFE World Cup in New York City taking place Oct. 10-12. There, the team will participate in the SIFE Capital Markets Day Sponsored by The Goldman Sachs Foundation.

“Financial support from our partners has been critical to the success of the School of Business Administration and GSW SIFE,” said Kooti. 

Kooti went on to say that the conference room will be named in honor of Central Bank of Georgia.

Central Bank of Georgia, formerly known as Bank of Ellaville, was first chartered as a state institution in 1910. During the past ninety plus years, the bank has been a highly successful community institution in Southwest Georgia. The bank’s parent holding company, Middle Georgia Corporation, is the 31st largest bank holding company headquartered in Georgia. The bank has offices in Macon, Butler, Buena Vista, and Ellaville. The bank also operates Central Georgia Wealth Management, a full service brokerage unit, and Central Bank Mortgage Services, a home mortgage origination company.

PHOTO AVAILABLE

Supporting business education--President of Central Bank of Georgia in Ellaville and member of the GSW Foundation Board of Trustees John Gill, middle-left, presents a check to GSW President Kendall Blanchard with John Kooti, left, dean of the school of Business Administration and Stick Miller, executive director of the GSW Foundation.                                  

                                                                                       - GSW -