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18 July 2007
Butterfield Bank announces 2007 scholarship winners

Nine exceptional young Bermudians were awarded $195,000 worth of scholarships, education bursaries and awards at a special scholarship reception at Butterfield Bank today.

But the total amount Butterfield Bank will provide in scholarships in 2007 (including previous winners and a still-to-be-awarded two-year medical scholarship valued at $40,000) will be $290,000.

Every year, Butterfield Bank helps deserving students pursue their academic and career goals with funds to help them pay for college.

However, scholarships are not the only way Butterfield Bank assists the Island’s young people. Other youth-oriented programmes and services at Butterfield Bank include: a Management Training Programme to fast-track talented local youth into management positions; a Butterfield Bank Art Festival geared towards teaching children creativity and Young Savers accounts and Hook Up ‘Finance 101’ classes that aim to teach students heading off to university the importance of good financial management.

The first scholarship recipient of 2007 is Kelsey Ball who was awarded the four-year, $25,000 Sir Harry D. Butterfield undergraduate scholarship.

Shammah Williams was awarded the 2007 Sir A. Dudley Spurling $25,000, four-year postgraduate scholarship.

Jiney Caines and Laquita Trimm were awarded 2007 Butterfield Overseas Education Bursaries. Bursaries are awarded annually to students pursuing undergraduate degrees overseas. Bursaries are valued at $20,000 per year and are tenable for up to two years.

Butterfield Bank also granted four, one-year Educational Awards valued from $5,000 to $10,000 to recipients Erek Fox, Toneka Hayward, Vanessa Smith and Estina Francis. Summer Lani Wood and Chiwun Carlos Smith were each awarded a $10,000 Visual Art Award.

Speaking on behalf of Butterfield Bank, Donna E. Harvey-Maybury, Senior Vice President, Human Resources said she was extremely impressed with this year’s applicants: “Butterfield Bank remains committed to supporting Bermuda’s young people as they strive to achieve their educational and career goals,” Mrs. Harvey-Maybury said. “Each year a number of excellent candidates are presented to our Committee and the vetting process is not an easy one. We wish all our Scholarship applicants continued academic success. Our Butterfield Bank Undergraduate Scholarship in Memory of Sir Harry Butterfield, the Butterfield Bank Postgraduate Scholarship in Memory of Sir Dudley Spurling, our two Butterfield Overseas Education Bursaries and our two Visual Art Awards are parts of the focus on community which is at the heart of the culture at Butterfield Bank,” she said.

A special reception on 18 July attended by several members of Butterfield Bank’s Board of Directors and senior executive team, along with scholarship, bursary and award recipients and their guests.


Note to Editors:

Butterfield Bank is Bermuda’s first and largest independent bank, and a specialist provider of offshore financial services. The Butterfield Bank Group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities. In the wealth management area, the Group provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in The Bahamas, the Cayman Islands, Guernsey, Switzerland and the United Kingdom. The Group provides services to corporate and institutional clients from offices in Bermuda, The Bahamas, Canada, the Cayman Islands and Guernsey, which include investment and pension fund administration, asset management and corporate trust services. Butterfield Bank is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges. Further details on Butterfield Bank can be obtained from our website at:


Media Relations Contacts:


Mark Johnson
Assistant Vice President
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 299-1624
Fax: 441) 295-3878


Stuart Roberts
Senior Communications Specialist
The Bank of N.T. Butterfield & Son Limited
Phone: (441) 298-4610
Fax: (441) 295-3878




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