Business Information
The group's principal activities are to accept deposits, provide loans and offer electronic fund transfers, trust services, mortgage loans and brokerage services. The group, through its wholly owned subsidiary palmetto bank, provides general banking business in the upstate South Carolina market of laurens, greenville, spartanburg, greenwood, anderson, cherokee and abbeville counties. The services offered include checking, savings, money market and other time deposits of various types of consumer and commercial depositors; loans for business, real estate and personal uses; safe deposit box rental and various electronic funds transfer services. The mortgage operation originates, sells, and services mortgage loans. The group's brokerage subsidiary offers customers stocks, treasury and municipal bonds, mutual funds and insurance annuities.
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