Horizon Bank endows scholarship fund at PNW in honor of Chairman Emeritus Robert Dabagia

Robert Dabagia

Horizon Bank is honoring its chairman emeritus, Robert C. Dabagia, by establishing an endowed scholarship fund in his name, in coordination with Purdue University Northwest.

Robert Dabagia was born in Michigan City, Ind. and worked in the banking industry for more than 50 years. He served at the Northern Trust Company in Chicago, and the Bank of California, before moving back to Michigan City to work in his hometown. When he retired in 2013, he was chairman of the board. He died Nov. 12, 2019.

The Robert C. Dabagia Scholarship fund will provide financial support for students enrolled in PNW’s banking concentration for generations to come.

The endowment will initially allow about $2,000 to be awarded to students annually.  That scholarship award is expected to grow larger as the endowment principal grows. The amount of the scholarship awards and the number of student recipients will fluctuate each year, based upon student financial needs.

“Few people make a difference in one’s life. For all of us at Horizon Bank, it was Bob Dabagia. He loved his community, was a resourceful banker and a natural leader. The fund established in his memory honors his legacy and our long held company belief of giving back to the local communities that we serve,” Craig Dwight, Horizon chairman and CEO, said.

Bank president Jim Neff, a PNW alumnus, that “it has been exciting for me to watch the university’s banking concentration thrive since it began with support from the Indiana Bankers Association. I’ve had the privilege of volunteering at PNW, and getting the word out about the great education they provide. Now, I’m pleased to help bring additional student support here from Horizon Bank.”

“It’s an honor to have Bob remembered in this way,” said his wife, Nancy Dabagia. “He would be thrilled to know that his name will carry on and will have a positive impact on bankers of the future. This was work that he loved, and the endowment will help other young people go on to achieve their goals, too.”

Students who have already committed to enroll in banking concentration courses at PNW are eligible to apply for the Robert C. Dabagia Scholarship at www.pnw.edu/financial-aid/scholarships/ They may apply for the scholarship in 2020-2021, and funds will be awarded the following fall semester. Under supervision of College of Business Dean Lawrence Hamer, a faculty committee will review the student applications, and select candidates.

“We are grateful for the ongoing commitment Horizon Bank has made to supporting the students and programs of Purdue Northwest,” said Hamer. “The rapid growth of the banking concentration exemplifies the progress and far-reaching impact that can be achieved when institutions and industries come together.”

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