Marion Financial Corp. Announces 5th Year of ARM Scholarships

HOUSTON, TX – In 1999, Marion Financial Corp. established an annual scholarship for participants in the accounts receivable management industry. The goal of the scholarship is to assist with funding the education of employees, or the children of employees, who work in the accounts receivable management industry. Since its inception, scholarships have been awarded to 13 students.

The 2004 scholarships will consist of two grants of $3,000 each to graduating high school seniors who wish to pursue further education. To be eligible, the students must be an employee or the child of a parent who is employed in the accounts receivable management industry (U.S. companies that are collection agencies, billers, debt buyers, receivable outsourcing companies & trade associations that directly apply to the credit & collections industry).

Eligible employees or their children may review the rules and print a copy of the scholarship application at www.MarionFinancial.com. For more information, contact Sue Washburn, Marion Scholarship Committee by phone at (713) 988-8000, or washburn@marionfinancial.com. Applications must be postmarked by March 31, 2004.