The Palmetto Bank was initiated in the year 1906. The founders, J.J. Plus and J.W. Ferguson started the bank with a capital of $50,000. Their focus was community oriented which proved successful in the long term. It is what helped the bank survive the crisis of the Great Depression. Today the Palmetto Bank operates through its 25 centers spread across 20 cities in the country. They function in personal banking products as well business banking products and services. They also specialize in the field of trust and investments. And they have trustworthy mortgage products for the benefits of homeowners in the country.