Boyd & Maxine Carpenter Scholarship Committee accepting applications

For the 42nd year, FNBC Bank will award a scholarship to a graduating high school senior from Sharp, Izard or Fulton County who plans to attend college seeking a 4-year degree. This year, the scholarship will increase to $5,000.

FNBC partners with the Arkansas Community Foundation to fund and administer the Boyd & Maxine Carpenter Scholarship.

Awarded in a two-phase process, the first phase places emphasis on academics, extracurricular activities and employment. The second phase is based upon the applicant’s interview with the judging committee. The scholarship is awarded $1,250 per year for four years for a total of $5,000.

Students interested in applying should visit https://www.arcf.org/scholarships to complete the online application. All applications are due by April 1, 2026.

This scholarship is renewable up to four years. To qualify, students must maintain a 2.5 GPA on a 4-point scale, or equivalent.

The FNBC Bank Board of Directors established this scholarship in 1984 to honor Boyd Carpenter, then-Chairman and President of the bank, who was a devoted advocate for education. His wife, Maxine, retired from FNBC after serving almost 40 years. She served in several positions, including teller, bookkeeping supervisor, assistant cashier, and Assistant Vice President over Operations.

Boyd & Maxine’s son, Martin, serves as Chairman, and their granddaughter, Molly, serves as Chief Marketing Officer.