Augusta, Readfield students awarded scholarships through KSB

AUGUSTA – Local high school graduates Thomas Trafton and Olivia Varney have been awarded scholarships from two funds administered by Kennebec Savings Bank.
Trafton and Varney were awarded the Benjamin Apthorp Gould Fuller and Harriet S. Williams Fuller Memorial Fund and The Horace Williams Memorial Fund, Amos Byron, vice president and trust 0fficer at Kennebec Savings Bank, announced. Kennebec Savings Bank’s Trust and Investment Management Department administers the funds.
Trafton is a Maranacook High School graduate attending Boston College and enrolled at the Carroll School of Management.
Varney is a Cony High School graduate attending University of Maine, majoring in chemical engineering.
“These scholarship funds reward the students’ academic achievement and will help defray the cost of college tuition and housing,” Byron said.
Andrew Silsby, president and CEO of Kennebec Savings Bank and a trustee for the scholarship funds, said the Williams and Fuller families’ generosity helps youth achieve their goals, “We are honored to carry out the wishes of the Williams and Fuller families. These scholarships help local students with their educational needs as they continue onto higher learning and underscore the importance of giving back to their communities.”
Because of the contributions of Mary Sawtelle Cobb and other decedents, as well as strong market appreciation, the trusts have steadily increased the number of students receiving scholarships over the years. This year, 32 scholarships have been awarded, totaling $65,000.
“The Williams and Fuller families both have prominent roles in the history of the Augusta area and these scholarships carry a certain legacy with them. It is an honor for Kennebec Savings Bank to fulfill the original wishes of Ms. Cobb to help our future generations,” said Silsby.
The Horace Williams Memorial was funded in 1915 by Mary Sawtelle Cobb of Cambridge, Mass. The mission of the fund is to be used for welfare and happiness of needy boys and girls, preferably, but not necessarily, living in Augusta. The Benjamin and Harriet Fuller Memorial fund was also created by Cobb in 1921. Its purpose is to promote health, education, welfare and happiness of boys and girls, preferably, but not necessarily, living in Augusta.