For Immediate Release
Monday, 2 August 1999
INVESTING IN SOUTH CAROLINA
Treasurer Patterson Puts $200,000 In New, SC Owned Bank
Treasurer Patterson’s Remarks
(Columbia, SC) "Today the State of South Carolina is doing the right thing for our taxpayers, and for our community. I am standing with South Carolina Community Bank President Thomas Felder to present a check for a certificate of deposit in the amount of $200,000.
"Throughout my many years of service to the state, I have sought to strengthen our state owned and operated banks. South Carolina Community Bank is a relatively new institution based here in Columbia. After looking at this bank’s organization, leadership, and financial standing, I am confident that the taxpayers will be well served by this investment.
"As South Carolina State Treasurer, I am committed to working with South Carolina based institutions. Not only is it good business, but it strengthens our economy and community. I will continue my commitment to build relationships between the state of South Carolina and its financial institutions.
"My hope is that this small investment will be the first step in a long-term relationship with South Carolina Community Bank – and that this small investment will go a long way to helping them serve the community at-large for years to come."
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For more information, contact:
David A. Adams, 803/734-0380