Stock Exchange Bank and Benbrooks endow scholarships, lectureship with $100,000 gift

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Stock Exchange Bank and Benbrooks endow scholarships, lectureship with $100,000 gift

 Northwestern Woodward receives $100,000 giftBruce and Sheryl Benbrook (holding check) present a $100,000 gift to Northwestern Oklahoma State University-Woodward on behalf of Stock Exchange Bank and themselves. Also pictured are (from left) Sen. Bryce Marlatt, Regent Mike Mitchel, Dr. Deena Fisher and university president Dr. Janet Cunningham.

The continuing support of Northwestern Oklahoma State University by the Stock Exchange Bank of Woodward and board members Bruce and Sheryl Benbrook soared to a new level with the announcement on Tuesday of a $100,000 pledge to the institution.

The gift will benefit Northwestern in numerous ways, including the establishment of the Stock Exchange Bank/Bruce and Sheryl Benbrook Endowed Lectureship in Business. The lectureship represents the first major academic endowment for the Woodward campus.

In addition to the lectureship, the gift will create a new endowed scholarship in business, enhance an existing endowed scholarship in education, and provide annual support of the President’s Association annual giving program and the Woodward Campus Student Activity Fund.

“The Stock Exchange Bank and Bruce and Sheryl Benbrook have been among the most ardent supporters of Northwestern and our efforts to deliver higher education opportunities to Woodward,” said Dr. Janet Cunningham, university president. “This gift represents a major commitment by the private sector to support our Woodward campus and our students.”

“This gift was well-planned as it supports both teaching and learning through support for academic programs and student scholarships,” Cunningham added. “We are honored and humbled by the generosity shown by the Stock Exchange Bank and the Benbrooks.”

“On behalf of the Stock Exchange Bank we are excited to be making this investment today in the future of the Woodward campus of Northwestern Oklahoma State University,” Bruce Benbrook said. “We know that this investment will provide great benefits to future students and enable this campus to continue to grow and prosper serving the higher education needs of Woodward and Northwest Oklahoma.”

Bruce BenbrookBruce Benbrook, chairman and president of the Stock Exchange Bank, announce $100,000 pledge to Northwestern Oklahoma State University-Woodward.

Bruce Benbrook currently is chairman and president of the Stock Exchange Bank, a position he has held since 1981. His wife, Sheryl, an attorney, currently serves as secretary for the Board of Directors of the bank.

The Benbrooks are both natives of Woodward, graduating from Woodward High School.  Bruce received his bachelor’s degree in finance from Oklahoma State University and Sheryl received her bachelor’s degree in education from OSU, and her juris doctorate from the University of Oklahoma’s School of Law.

Bruce was a founding director of the Woodward Education Foundation and served as its president. In addition, he has served as president of the Oklahoma Foundation for Excellence and the Oklahoma Bankers Association, and chairman of the OSU-A&M Board of Regents.

He also has served as a state highway commissioner, and currently is a member of the Board of Governors of the OSU Foundation. He also is serving as chair-elect of Leadership Oklahoma. He received the OSU Distinguished Alumni Award in 1995.

Sheryl has served as president of the Woodward Education Foundation and the Woodward County Bar Association. She currently serves on the board of directors of “Women for OSU.”

Sheryl and Bruce have received the Woodward Education Association’s “Friend of Education” award and both were named the “Woodward Boomer Booster of the Year.”

They have two children: Rachel, a 2013 OSU graduate, and Julia, a freshman at OSU.