Cross River Bank Expands Scholarship Fund to Support Future Leaders
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Cross River Bank Partners with HEAF to Empower Students
Cross River Bank, a leading technology infrastructure provider offering integrated financial solutions, has announced an exciting expansion of its partnership with the Harlem Educational Activities Fund (HEAF). This collaboration includes the establishment of the HEAF and Cross River Scholarship Fund, which boasts a total of $25,000 dedicated to providing underserved students with greater access to higher education and career opportunities, particularly in the finance and technology sectors.
Commitment to Education
Michael Johnson, President & CEO of HEAF, emphasized the shared mission between Cross River and HEAF to reduce the educational opportunity gap experienced by students in under-resourced communities. Johnson proudly stated, "Five HEAF students are propelled on their education journey with the support of the HEAF and Cross River Scholarship Fund. Cross River's partnership is essential for HEAF students, embodying the importance of community stewardship and giving back."
Transformative Support for HEAF Students
Since the inception of their collaboration in 2022, Cross River has taken an active role in HEAF's College Decision Day, a significant event where students announce their college choices and scholarships. This initiative demonstrates the impactful support HEAF provides, reflected in its impressive track record: nearly all students graduate high school on time, and most are accepted into colleges and universities.
Role of Cross River in Shaping Futures
The profound effect of Cross River's support cannot be overstated. Gilles Gade, Founder and CEO of Cross River, expressed a strong belief in the collective responsibility to prepare future generations for success. He stated, "It is an honor to partner with HEAF, and from this collaboration, we learn how to think critically, effect change, and nurture the development of future leaders."
Educational Connectivity and Networking
In addition to financial contributions, Cross River has utilized its vast network to facilitate connections among HEAF and various higher education institutions, including notable universities such as the University of Delaware, New Jersey Institute of Technology, and Morgan State University. This connectivity is crucial in aiding students as they navigate their educational paths and pursue their career aspirations.
Deepening Commitment to Underrepresented Communities
Cross River is determined to continue driving positive change and expanding educational access for underserved communities. The company emphasizes the significance of global scholarships and educational enhancement through various financial literacy programs. Cross River's continuous commitment is rooted in core values that underline the importance of humility, integrity, creativity, compassion, and responsibility in all its endeavors.
About Cross River Bank
Cross River Bank is at the forefront of technology innovation, powering advanced solutions that will shape the future of financial services. Utilizing a proprietary real-time banking core, Cross River offers scalable embedded payment, card, and lending solutions, benefiting millions of consumers and businesses. Backed by leading investors, Cross River serves essential fintech and tech companies worldwide, advocating for financial inclusion and transforming global finance.
Frequently Asked Questions
What is the purpose of the HEAF and Cross River Scholarship Fund?
The HEAF and Cross River Scholarship Fund aims to provide financial support for underserved students pursuing higher education in finance and technology.
How does Cross River support HEAF students aside from scholarships?
Cross River facilitates connections with higher education institutions and provides networking opportunities, enhancing students' educational experiences.
What are the main goals of the partnership between HEAF and Cross River?
The partnership aims to reduce the opportunity gap in education and foster a new generation of leaders in under-resourced communities.
How has Cross River impacted HEAF's College Decision Day?
Cross River's involvement in College Decision Day celebrates students' achievements and encourages their continued pursuit of higher education.
What values drive Cross River's initiatives in the community?
Cross River's initiatives are guided by values such as humility, integrity, creativity, compassion, and responsibility, focusing on education and financial inclusion.
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