Who says all banks are on a downward spiral? Last week, a ribbon cutting ceremony was held at the corner of Oakland Avenue and Wilson Street for Palmetto Bank. About 100 people attended the event according to the Rock Hill Herald and the ribbon that was cut was adorned with $5 bills that will be donated to the Boys and Girls Club of York County.
While many people have a bad taste in their mouth from some of the larger, national banks, Palmetto Bank is different says President and Rock Hill native Andy Douglas.
“Do you want to stay as local as you can, or do you want to jump into a chain where there’s so many more things going on?” Douglas asked in an interview. “We don’t have subprime. We don’t have crazy investments.”
While I’m sure this kind of story isn’t happening just in Rock Hill, SC, it is another testament to what a fantastic place to live Rock Hill is. It’s hard to find many places in America like ours that still maintain that small town feel, yet enjoy all the benefits and ammenities of a larger city like Charlotte.
Of course it can be a challenge to maintain the innocence of a small town, but I’m sure that with the help of Palmetto Bank and their focus on small town qualities we’ll be able to do that and then some.
