Small Business Banker Appointment Announced at The Palmetto Bank

June 23, 2011

GREENVILLE, SC – June 23, 2011 – The Palmetto Bank announced today the hiring of Terry D. Nation as Vice President and Small Business Banker for Anderson, Oconee and Pickens Region.  A graduate of the South Carolina Bankers School, Nation has twenty-seven years of experience as a commercial banker in Anderson and Pickens markets. 

“We are fortunate to have Terry join our team,” said Coleman Kirven, Executive Vice President and Commercial Banking Executive. “He is an established and well known banker in Anderson, Oconee and Pickens counties.  Terry’s high level of experience in commercial business development will be invaluable to our small business banking team and clients.”

The Palmetto Bank launched the Small Business Banking Division last year as a response to this fast growing segment.  While most banks have robust resources for large commercial clients few have a team dedicated to meeting the financial needs of small business owners. Terry joins a team of small business bankers that provide high touch, instant access support to local business owners whose credit needs range from $50M to $500M.

The small business bankers and commercial bankers at The Palmetto Bank are dedicated to the needs of small and middle-sized businesses and offer an array of financial tools such as lines of credit, equipment loans, commercial mortgage, cash management solutions, investment advice to include 401K management and insurance.

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 $1.3 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.