Lake City Bank, in partnership with the Federal Home Loan Bank of Indianapolis, announced $25,000 awarded in scholarships to 24 students at Elkhart High School through the Money Masters Scholarship Program at the end of the 2025-2026 school year. This initiative is designed to promote financial literacy and empower the next generation with essential money management skills.

Stephanie R. Leniski, Executive Vice President, Chief Retail Banking Officer, speaks from the podium at the 2026 Elkhart High School Senior Awards Ceremony prior to awarding the scholarships.

Lake City Bank team members led curriculum across two days sharing key personal finance concepts such as budgeting, saving, credit, identity protection and investing to help students prepare for life beyond high school. Students wrote essays describing how the skills will support their future goals and 24 were chosen to receive scholarships. In total, 59 students completed the program.

“Lake City Bank is committed to strengthening the communities we serve by investing in education and empowering young people with financial knowledge,” said Stephanie R. Leniski, Executive Vice President, Chief Retail Banking Officer. “We offer a variety of financial literacy programs for students that our bankers lead and partnering with the Federal Home Loan Bank of Indianapolis is an impactful extension of our programs. Bringing the Money Masters program to Elkhart High School builds on our strong relationship with the school, where we proudly operate a full-service branch throughout the school year.”

“Our students thoroughly enjoyed the financial literacy presentations provided by Lake City Bank, which offered practical advice for our seniors as they prepare for their post-secondary paths. Seeing 24 of our students earn these scholarships to help fuel their dreams is wonderful. These awards give each of them a great jump start toward achieving their goals, and we are deeply grateful to the Federal Home Loan Bank of Indianapolis and Lake City Bank for investing so generously in our students’ futures,” said Phil Shults, Executive Principal, Elkhart High School.

Funding for the scholarships is made possible through Federal Home Loan Bank of Indianapolis, whose support helps local financial institutions deliver meaningful community development initiatives. The collaboration underscores a shared commitment to education, opportunity, and long-term economic stability.

“Fiscal health is just as critical as physical health, and that’s why FHLBank Indianapolis has stepped forward to help educate the next generations in our district,” said MaryBeth Wott, Senior Vice President, Community Investment and Strategic Planning Officer, Federal Home Loan Bank of Indianapolis. “Support from our members is a critical component of the Money Masters program, and Lake City Bank is among those who have embraced our efforts. We’re proud to partner with them as leaders in teaching financial principles and skills.”

About the Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities FHLBank Indianapolis is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to provide access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded, and they receive no Congressional appropriations. One of 11 independent regional cooperative banks across the U.S., FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com and follow the Bank on LinkedIn, and Instagram and X at @FHLBankIndy. (Note: Content the Bank shares on its website and social media is not incorporated by reference into any of its filings with the SEC, unless and only to the extent that a Bank filing with the SEC expressly provides to the contrary.)

Lake City Bank, a $7.2 billion bank headquartered in Warsaw, Indiana, was founded in 1872 and serves Central and Northern Indiana communities with 55 branch offices and a robust digital banking platform. Lake City Bank’s community banking model prioritizes building in-market long-term customer relationships while delivering technology-forward solutions for retail and commercial clients. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq Global Select/LKFN).