Honesdale National Bank – Lemnitzer Fund Supports Graduates

The Ernest and Margaret Lemnitzer Memorial Fund, administered by the Trust Department at The Honesdale National Bank and local Honesdale businessman, Paul Meagher, continued its support of those pursuing higher education with the awarding of scholarships to 2025 graduates with a total distribution of $35,993.78.

The Ernest and Margaret Lemnitzer Memorial Fund was created by these prominent Honesdale residents to support designated charitable organizations within Wayne County, as well as to provide scholarships to deserving graduates of Wayne Highlands High School.  Ernest was the brother of the former Chairman of the Joint Chiefs of Staff and Honesdale resident, Lyman Lemnitzer.

Jayson Reager and Jess Rylan Montgomery, both 2025 graduates of Wayne Highlands High School, were selected as this year’s recipients of the Ernest and Margaret Lemnitzer Scholarships. These awards recognize academic excellence and a commitment to furthering education.

• Jayson Reager will attend Messiah University to study Nursing.
• Jess Rylan Montgomery will attend Penn State University to study Business.

The Honesdale National Bank Trust Department has managed the investments of the Memorial Fund since its inception in 1991. Through prudent investment of the trust assets, grants in excess of $3,169,000 have been paid to qualifying recipients to date. A total of $519,764.44 has been distributed through the Ernest and Margaret Lemnitzer Scholarships alone. For more information about the HNB Financial Group, please call 570-253-3355 or visit the HNB Corporate Center in Honesdale.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna, and Luzerne Counties. The Honesdale National Bank offers personal banking, business banking and wealth solutions. For more information on HNB’s products and services, visit www.hnbbank.bank.