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Cathay Bank Foundation Announces 2023 Scholarship Recipients

The Cathay Bank Foundation has announced the high school senior recipients of the 2023 Cathay Bank Foundation Scholarship. This year, the scholarship program received a record-breaking number of 533 applications, a 70% increase from last year’s 314 applications.

William E. Becker, Senior Vice President, Director of Community Development of Cathay Bank, said, “These 20 exceptional students have demonstrated outstanding academic achievements, leadership qualities, and a deep commitment to their communities. They embody the scholarship’s spirit and serve as role models for their peers.”

The Asian Pacific Community Fund (APCF) has been the program administrator for five years. Following APCF’s diligent review, about 150 Cathay Bank volunteers reviewed and evaluated the qualifying candidates to choose the final 20 recipients.

Deborah Ching, Chair of the Cathay Bank Foundation, said, “We congratulate the 2023 Cathay Bank Foundation Scholarship recipients. This year’s overwhelming response and the diversity of the applicants demonstrate this program’s growing recognition in the community. We are grateful to the Asian Pacific Community Fund for their tireless efforts in the selection process. I also want to extend my heartfelt gratitude to all Cathay Bank volunteers who meticulously reviewed the applications and selected the final 20 recipients.”

The Cathay Bank Foundation Scholarship has become a hallmark of our commitment to supporting education and empowering promising high school seniors as they pursue their higher education goals. Each scholarship recipient will receive $1,000 of financial assistance towards their tuition costs as they embark on their journey as full-time college or university students this fall.

These recipients represent the best and brightest of the states we serve, showcasing our commitment to the communities. Not only does the Cathay Bank Foundation Scholarship continue to grow, but it reflects our steadfast commitment to investing in the future leaders of our communities, empowering them to achieve their dreams and contribute to society.


Twenty high school students are grouped into a collage, announcing them as the scholarship winners for Cathay Bank’s Foundation’s Scholarship Program
2023 Cathay Bank Foundation Scholarship Recipients

The scholarship recipients are as follows:




Brandon Quach

Maya Wong

Saad Omar

Shani Su


Immanuel Ogundipe

Moises Munoz


Jasmine Spencer

Stecia Nazziwa


Glorimar de los Santos

Shauna Sperou


Anna Kova

Samantha Wagner

New Jersey

Madison Logan Render

Victoria Rios

New York

Genevive Chang

Zoe Shack


Brian Thai

Dan Truong


Hadassah Choi

Naia Woods



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This article does not constitute legal, accounting or other professional advice. Although the information contained herein is intended to be accurate, Cathay Bank does not assume liability for loss or damage due to reliance on such information.

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