Russell L. Laffitte, Executive Vice President / Chief Operating Officer of Palmetto State Bank, Hampton, SC, was named Independent Banker of the Year by the Independent Banks of South Carolina (IBSC) at the 55th IBSC Annual Convention on July 26, 2019, at The Greenbrier.
Mr. Laffitte is a graduate of Newberry College as well as the Graduate School of Banking at LSU. He also received his Executive MBA from Troy State University and served as Treasurer for the KA Delta Epsilon Alumni Association.
Russell has followed in his father’s footsteps as both men are Past Presidents of IBSC (Charles A. Laffite 2001-2002 and Russell L. Laffitte 2017-2018) and both have earned Independent Banker of the Year (Charles A. Laffitte, 2004). He currently serves on the IBSC board. Mr. Laffitte was also named the Chairman of the Political Action Committee for Independent Community Bankers of America (ICBA) and currently serves on their board, as well.
In addition to his esteemed career in banking, Russell is a current member of the Hampton Rotary Club. He has served as the Vice Chairman for the Hampton County Disability and Special Needs Board as well as playing an active role on the Hampton County Economic Development Committee. He is a past Vestry Member of All Saints Episcopal Church and past Chairman of the Hampton Downtown Revitalization Committee. His commitment to his alma mater led him to serve as a past Board Member of Visitors at Newberry College.
Mr. Laffitte and his wife, Susie, have two children Carter and Luke.
The Independent Banks of South Carolina distinguishes leadership in community banking with this award and is selected from the 32 independent banks in South Carolina. The honor is awarded annually on the basis of outstanding service to the independent banking industry and to the local community.
The Independent Banks of South Carolina is an association of 32 locally owned and operated banks in South Carolina, which promotes the interests and general welfare of the independent banks within the state.