Portrait of Jack McElveenGreenville, S.C., August 7, 2009 – The Palmetto Bank, announced the appointment of William (Jack) McElveen, Jr. to Executive Vice President, Chief Credit Officer.

McElveen is a graduate of Clemson University with a Bachelor of Science degree in Financial Management. He brings 25 years of financial services experience to The Palmetto Bank along with a comprehensive knowledge base in bank credit administration

“Jacks background and experience will be a valuable addition to our leadership team to help us better prepare for future growth,” said Sam Erwin, president and chief executive officer of The Palmetto Bank.

Serving customers for more than 102 years in the Upstate, The Palmetto Bank (www.palmettobank.com) manages more than $2 billion in assets including Retail and Commercial Banking, Trust, Brokerage and Mortgage. The Palmetto Bank is the fifth largest independent state-chartered commercial bank in South Carolina with 29 locations throughout the Upstate counties of Abbeville, Anderson, Cherokee, Greenville, Greenwood, Laurens, Oconee, Pickens, Spartanburg and York.