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Huntsville BUSINESS JOURNAL
EDUCATION
UNA Receives First Ever Endowment Fund from Huntsville’s Bank Independent Historically, public universities in Alabama are often the backbone of community development. Whether in Huntsville, Tuscaloosa, or Mobile, public universities in Alabama have always had a central role in the growth of their surrounding communities, as well as the state as a whole. Florence and the Shoals area are no exception to this historical precedent. Huntsville’s Bank Independent recently announced that the company established an endowment fund at The University of North Alabama (UNA). The fund will provide a continued source of revenue for UNA that will focus on furthering the University’s goals for advocacy and community outreach
By Gus Wintzell
We believe this endowment can change not only individual lives through the power of education but change the future of our community by amplifying the continued success of the University.”
to better serve the Shoals and North Alabama community. “Economic development and community engagement are a key
part of Bank Independent’s mission to make a positive difference in people’s lives, and a thriving university is necessary to support a vibrant,
healthy, and growing community like the Shoals,” said Macke Mauldin, Bank Independent President. “My father, Edward Mauldin, was a firm believer in the power of education to change a person’s life. He was also fond of the quote, ‘A rising tide lifts all boats.’ We believe this
