The Palmetto Bank joined banks across the nation for the 14th annual Teach Children to Save Day (TCTSD) on Tuesday, April 27. Founded by the American Bankers’ Association in 1997, the campaign has reached 3.4 million young people during the past 13 years.

The Palmetto Bank visited elementary and high school classrooms to teach students about the importance of saving money. Lessons and activities centered on the concept of saving, how interest makes money grow, how to budget, and determining needs and wants.

“It has been a challenging year for many families due to this uncertain economy.” said Sam Erwin, Chief Executive Officer and President, The Palmetto Bank. “Now more than ever parents and communities need to take an active role in teaching children how to develop lifelong saving habits.”

For more information on the Teach Children to Save program, please visit

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