USC's Rossier School of Education Announces Honorary Award to CTBC Bank USA – Business Wire


LOS ANGELES–(BUSINESS WIRE)–The USC
Rossier School of Education
today announced that an Honorary Award
has been given to CTBC
Bank USA
in recognition of the bank’s financial support of the USC
College Advising Corps
(USC CAC).

The USC CAC program recruits and trains recent college graduates, many
of them first-generation college goers, and places them in underserved
high schools to assist students with their college searches,
applications and financial aid. Since 2014, CTBC Bank through USC CAC
has donated $400,000 that has directly aided more than 16,000 students
in Los Angeles-area underserved high schools.

In 2017-18 the USC CAC had 48 college advisors working in 41 Los
Angeles-area high schools. Their efforts resulted in:

  • 32,730 college applications by 10,915 students
  • 9,295 students’ college acceptances
  • 7,314 students applying for financial aid
  • $39.7 million in financial aid awarded

“CTBC Bank’s commitment of advisory support and funding have made an
enormous difference in the higher education, jobs and life outcomes for
thousands of underserved students,” said Karen
Symms Gallagher
, Emery Stoops and Joyce King Stoops Dean of the USC
Rossier School of Education. “CTBC recognizes the effectiveness of the
program and has enabled us to provide it to more schools and to more
students.”

“On behalf of all our CTBC Bank USA team members, we are honored and
proud that the USC CAC program has resulted in such an important impact
on the community and on students who are so deserving of a great
future,” said Morris
Li
, Chairman of CTBC Bank USA. “Community support has always been a
vital part of CTBC’s culture and USC’s program is an important
investment to continue that tradition.”

In total, USC CAC serves nine school districts and 16,800 seniors in Los
Angeles area high schools. Of the seniors, 83% are from underrepresented
populations and 84% are from low-income families.

About CTBC Bank Corp. (USA)

CTBC Bank USA, a subsidiary of CTBC Bank Taiwan, is a trusted and
established institution providing commercial and retail customers with a
real financial bridge to the next state of their lives and businesses.
Founded in 1989 and headquartered in Los Angeles, CTBC Bank operates
branches in California, New Jersey, and New York. The bank’s operations
include deposits, loans, credit cards, foreign exchange, letters of
credit, wealth management, mobile, and electronic banking services.
Customers benefit from access to large bank resources coupled with
individual attention and customized service of a small bank. Its parent
company, CTBC Bank Co. Ltd., is supported by more than $120 billion in
assets and is among the largest banks in the world in terms of capital.
For more information about CTBC Bank, visit www.ctbcbankusa.com.

About the USC Rossier School of Education

The mission of the USC Rossier School of Education is to prepare leaders
to achieve educational equity through practice, research and policy. USC
Rossier leads the field in innovative, collaborative solutions to
improve education outcomes.

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