Portrait of Teresa KnightTeresa W. Knight, Executive Vice President of Bank Administration, Human Resources and Marketing, The Palmetto Bank, has been installed as the 110th Chairman of the South Carolina Bankers Association for the 2010-2011 fiscal year.

“We are extremely proud of Teresa and her accomplishments,” says Samuel L. Erwin, Chief Executive Officer and President, The Palmetto Bank. “Her wealth of knowledge in banking and the commitment she brings to this newly appointed position will be of great value to the South Carolina Bankers Association.”

Knight, who has almost thirty years in banking, was elected Executive Vice President of Bank Administration, Human Resources and Marketing in September 1999. Prior to that, Knight served on the retail side from 1981 until January 1986 when she was elected to the personnel officer position. Within the South Carolina Bankers Association, Knight also serves on the South Carolina Bankers Employee Benefit Trust and is the former chairman for both the Trust and the prestigious South Carolina Bankers School.

“I’m looking forward to working with Teresa,” says Lloyd I. Hendricks, Chief Executive Officer and President of the South Carolina Bankers Association. “She’s been a reliable leader within our organization and I am thrilled she’ll be our first official female chairman in the association’s 110-year history.”

Knight earned her B.A. degree from Clemson University, cum laude. She is a 1995 graduate of the Graduate School of Banking of the South at Louisiana State University (LSU) and a 1986 graduate of the South Carolina Bankers School. Knight also attended The University of Virginia Darden Leadership School.

Knight also currently serves on the Board of Directors for the Upcountry History Museum and is a member of the Membership Committee for the Poinsett Club. She is a past trustee for the Graduate School of Banking of the South at Louisiana State University (LSU) and a governor of the Poinsett Club. Lastly, Knight also served as secretary for three years for the Laurens Rotary Club.

The South Carolina Bankers Association is the trade and professional association representing 95 financial institutions in the state. The SCBA is organized to effectively represent the common interest and welfare of South Carolina’s banking industry and to promote the professional development of its members and individual practitioners. The SCBA’s mission is to provide legislative, regulatory, educational and product leadership on behalf of its members.

Headquartered in Greenville, South Carolina, The Palmetto Bank is a 103-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.