The Palmetto Bank Hires New Commercial Relationship Manager

December 22, 2010

GREENVILLE, SC – December 22, 2010 – The Palmetto Bank announced the hiring of Richard C. (Rick) Stanland, III to Vice President, Commercial Relationship Manager, Anderson and Oconee counties.

Richard C. (Rick) Stanland, III is a graduate of Wake Forest University, the South Carolina Bankers School, Leadership Anderson Class IX, and Leadership South Carolina.

Active in his community, Stanland serves as Board Member of Anderson Area YMCA and Executive Committee Member of Foothills United Way. He also serves as Volunteer Umpire for Anderson Little League and is a South Carolina High School League Umpire. Stanland brings 27 years of commercial banking experience to The Palmetto Bank.

“Rick is an established and well known banker in Anderson and Oconee counties,” said Sam Erwin, Chief Executive Officer and President, The Palmetto Bank. “He has a high level of experience in commercial business development within the banking industry which will be invaluable to The Palmetto Bank and our clients as we serve our communities.”

About The Palmetto Bank
Headquartered in Greenville, South Carolina, The Palmetto Bank is a 104-year old independent state-chartered commercial bank and is the fifth-largest banking institution headquartered in South Carolina. The Palmetto Bank has assets of $1.4 billion and serves the Upstate through 29 banking locations in Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, Spartanburg and York counties. The Bank specializes in providing personalized community banking services to individuals and small to mid-size businesses including Retail and Commercial Banking, Mortgage, Trust, Brokerage, and Insurance. Additional information may be found at the company’s web site at www.palmettobank.com.