South Carolina bankers group allots generous $57,000 in student aid

The South Carolina Bankers Association (SCBA) recently distributed Palmetto Scholarships at a Columbia reception to 57 students representing 16 Palmetto State universities and colleges, demonstrating its continuing support of increasingly costly education for young residents.

Support for the Palmetto Scholarships, a relatively new component of the SCBA, is derived through fundraising efforts and the SCBA Educational Foundation. Its central goal is to assist children of SCBA-member financial institutions.

“The Bankers Association receives tremendous support from its member banks, and we look at the Palmetto Scholarship program as a dividend back to our members,” SCBA’s Fred Green, president and CEO, said. “This is just one way we can show our gratitude to the employees and institutions that have helped make our organization the strong and vibrant force that it is.”

Recipients attend University of South Carolina, Clemson University, Anderson University, Bob Jones University, Charleston Southern University, Coastal Carolina University, College of Charleston, Erskine College, Furman University, Lander University, Medical University of South Carolina, Southern Wesleyan University, The Citadel, University of South Carolina Upstate, Winthrop University and Wofford College.

SCBA has awarded hundreds of thousands of dollars to South Carolina students. Representing approximately 80 banking firms statewide, the SCBA strives to promote professional development and represent its constituents, offering guidance in the legal, regulatory, educational and operational arenas.

“This program not only lays the foundation for the next generation of our state’s leaders, it serves as a means for building a path to a better, more prosperous South Carolina,” Green said.

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