Portrait of JeffreyThompsonPortrait of Tom HardyGreenville, S.C. – The Palmetto Bank has announced the retirement of Thomas (Tom) K. Hardy, executive vice president, Laurens County effective December 31, 2009.

Thomas (Tom) K. Hardy joined The Palmetto Bank in 1977 and has held various management positions including his most recent position as executive vice president, regional executive, Laurens County. He is a graduate of Lander College, Graduate School of Retail Bank Management at University of Virginia, South Carolina Bankers School, National Commercial Lending School at University of Oklahoma and Leadership Laurens County Class III.

Among many leadership roles in community organizations, Hardy currently serves as chairman of the Laurens Commission of Public Works. He also serves on the board of directors for the Laurens Chamber of Commerce, Laurens County Development Corporations (LCDC), Laurens First, and Presbyterian College Board of Visitors. Along with his service as past chairman of United Way – Commercial Division, he served as a member of the Kiwanis Club and Palmetto Investment Club.

With Hardy’s retirement, The Palmetto Bank announced the appointment of Jeffrey (Jeff) M. Thompson to senior vice president, regional executive, Laurens County. Thompson, a Laurens County native, is a graduate of Presbyterian College and the South Carolina Bankers School. Thompson has more than 17 years banking experience, the past five as a commercial banking executive.

Active in the Laurens community, Thompson currently serves on the executive committee of the United Way of Laurens County and is a committee member of the SC Waterfowl Association. He is past chairman of the Laurens American Red Cross, served on the steering committee of Boy Scouts of America, and served as board member of Crime Stoppers of Laurens County.

“Jeff has strong ties to Laurens County and is an excellent addition to The Palmetto Bank,” said Mark Fox, executive vice president, Abbeville, Laurens and Greenwood Counties. “His high level of commercial banking experience, coupled with his demonstrated ability to build strong, lasting relationships with customers will be invaluable to our customers in Laurens County.”

“I am honored to be chosen for this important and challenging role,” said Thompson. “Tom’s shoes are hard to fill and I look forward to continuing to work alongside Tom over the next several months to insure a seamless transition.”

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 .