First Southern National Bank is a proud supporter of the Kentucky FFA Foundation and has commited $100,000 to help FFA members develop financial literacy and secure funding to start or expand their agriculture-related businesses.
Community President Jason Redfern tells WPKY’s News Edge the bank understands how vital agriculture is to the community, and that’s why they wanted to be involved with the FFA.
click to download audioMost of First Southern’s support will be provided as grants to help FFA members start or grow their own entrepreneurial Supervised Agricultural Experiences, known as SAE’s.
Kentucky FFA members take on a diverse variety of SAE’s, ranging from traditional livestock and crop operations to food businesses, technical services, and many other specialized fields.
There are two types of grants available—SAE Launch Grants, which students can apply for by submitting a business plan, budget, and projections, and SAE Mini-Grants, which are offered to students who complete First Southern’s Give, Save, Spend financial literacy program.
click to download audioFirst Southern’s support will also bring financial literacy education to Kentucky’s agriculture teachers. Additionally, the bank serves as a premier sponsor for both the Kentucky FFA State Convention and the Kentucky FFA Blue & Gold Gala.
First Southern Bank stands as the largest corporate sponsor of the Kentucky FFA Foundation, awarding grants to FFA members in counties where the bank operates a branch.
