GREENVILLE, S.C. – The Palmetto Bank is focused on providing expert banking advice and services to the small business market in the Upstate by appointing a team of Small Business Bankers who are dedicated to meeting the financial and lending needs of small business owners, entrepreneurs and professionals. This team of trusted advisors is focused specifically on providing insightful advice to clients whose credit needs range up to $500,000. The focus on the small business segment is part of the Bank’s overall strategic effort to further delineate the Bank’s line of business organization structure to provide tailored and more sophisticated products, services and expertise to meet the needs of the communities in which the Bank operates.
The Small Business Banking Group initially is comprised of the following seasoned bankers:
The Bank will also name a Small Business Banker in the near future to serve Anderson, Oconee and Pickens counties.
“I’m excited to be working directly with small business owners across the Upstate. I have been serving small businesses for over 20 years and am now leading a team dedicated specifically on this important segment of the Update economy,” said Jim Peters, Senior Vice President, Small Business Banking Manager. “Our small business bankers have long standing relationships with small business owners in the communities we serve and we look forward to developing additional relationships.”
“The development of Small Business Banking allows us to focus on a segment of the market that is often underserved,” said Frank Wingate, Executive Vice President, Commercial Banking Executive. “We believe we can provide much needed linkage between our retail banking clients and our commercial banking clients to assist small business owners in making their dreams come true.”
The small business bankers and commercial bankers at The Palmetto Bank are dedicated to the needs of small and middle-sized businesses and offer an array of financial tools such as lines of credit, equipment loans, commercial mortgage, cash management solutions, investment advice to include 401K management and insurance.
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 www.palmettobank.com.