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Mike Arvin & Madison Ramsey

Springs Valley Bank & Trust Company is pleased to announce the 2024 winners of two (2) Community Reinvestment Act (CRA) Scholarships! The $1,000.00 CRA Scholarship recipients are Willow Thompson of Barr-Reeve High School and Madison Ramsey of Loogootee High School.  Willow plans to major in Marketing at The University of Southern Indiana. Madison plans to pursue a degree in Pharmacy at Sullivan University.

Willow Thompson (Left)

“Springs Valley is honored to celebrate these exceptional students for their dedication and accomplishments. Their leadership and active participation in school and community activities exemplify their potential to positively impact the future,” said Melody Ginder, CRA Officer. “Community service and making a difference are integral to Springs Valley’s values. We believe that quality education is a vital investment in the betterment of our communities. Through Springs Valley’s CRA Scholarship Program, we are proud to support local students as they invest in their futures.”

This is the third year for Springs Valley’s annual CRA Scholarship Program which is awarded to area students based on financial need, scholastic achievement, and a record of volunteer service in their communities. The scholarship can be used for any post-secondary education program, including four-year universities, community colleges, and vocational training schools.

Springs Valley Bank & Trust Company, is a subsidiary of SVB&T Corporation, headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Springs Valley has locations in Dubois, Daviess, Gibson, and Orange Counties, offering full-service bank and financial services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications and a variety of other loan options. Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.

In addition, the company has a full-service financial advisory group managed by experienced, talented professionals specializing in estate planning, tax planning and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. Trust and Investment products are not deposits; not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the depository institution; not insured by any Federal Government Agency; may lose value – subject to investment risks, including possible loss of the principal amount invested.

More information can be found online at The company’s stock is traded on the OTCQX trading platform under ticker symbol SVBT (

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