On The Move
The Palmetto Bank Announces New Corporate Banking Team
Oct 17, 2012
GREENVILLE, SC - October 17, 2012 - The Palmetto Bank (the “Bank”), a wholly-owned subsidiary of Palmetto Bancshares, Inc. (NASDAQ: PLMT), recently began offering significantly expanded corporate banking services through the addition of David M. Carpenter as Senior Vice President, Corporate Banking, and Kelly F. Gillespie, Corporate Banking Specialist to the team.
“The Palmetto Bank has been serving commercial clients in the Upstate for 106 years. With David and Kelly leading our new Corporate Banking team, we are now providing specialized banking services to larger and more sophisticated companies,” said Coleman A. Kirven, Commercial Banking Executive. “Our Corporate Banking team is focused on asset-based lines of credit, equipment financing, and the convenience and efficiency of a variety of cash management and eTreasury solutions,” continued Kirven. “As proven, experienced corporate bankers, David and Kelly are providing innovative banking solutions to assist businesses as they navigate through this challenging economic environment.”
Kirven also stated, “We have a long legacy of providing banking services to operating companies in the Upstate. With the ongoing disruption in the banking industry, The Palmettto Bank is now filling a void in the corporate banking market that we believe is under-served by other banks. In this very challenging economic environment, we are keenly focused on providing critically important banking services designed to help our clients succeed. With David and Kelly’s expertise and experience, we are expanding both the banking services we provide and the types of companies we serve.”
Pictured: David M. Carpenter and Kelly F. Gillespie
About The Palmetto Bank
Headquartered in Greenville, South Carolina, The Palmetto Bank is a 106-year old independent state-chartered commercial bank and is the fourth-largest banking institution headquartered in South Carolina. The Palmetto Bank has assets of $1.2 billion and currently serves the Upstate through 25 banking locations in the nine counties of Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens and Spartanburg. The Bank specializes in providing personalized community banking services to individuals and small to mid-size businesses including Retail Banking (including Mortgage, Indirect Auto, and Credit Cards), Commercial Banking (including Corporate Banking, Small Business Administration Loans, Commerical and Business Banking, Treasury Management and Merchant Services), and Wealth Management (including Trust, Brokerage, Financial Planning and Insurance). Additional information may be found at the Bank's web site at www.palmettobank.com
