Development News
NBSC Pledges $300,000 to Capital Campaign
To
Chuck Garnett, president and CEO of the National Bank of
South Carolina (NBSC), supporting the Moore School's ongoing capital campaign is "a natural." It's
"good for business, good for the state, and obviously good for the school," Garnett says.
So in late 2006 or early 2007, NBSC will pay the first installment on its $300,000 gift to the Moore School-the largest commitment the bank has ever made to any organization or cause.
"A number of our folks have gone through the business school at USC," explains Garnett, who first joined NBSC in 1993 and was promoted to president and CEO in 2003. "And as we grow and expand in the years to come, we plan on having a lot more Moore School graduates on our team. So we felt it was a natural to support the efforts of the business school."
Garnett, who attended the University of South Carolina for three years before earning his bachelor's degree at the University of Puget Sound in 1982 (he also earned an MBA there in 1983), says it is NBSC's "philosophy to be involved in, and to give back to, the community. We look at this commitment as an investment in the future. The better the University is, the better the economy is in our state, and the better the banking business will be for all of us. [This gift] is an investment. We look for a return on that investment, and we're confident that we'll get it."
A big Gamecock fan "for all of my life," Garnett, 48, says that his father was also a Gamecock fan. "So I started going down to the old stadium a long, long time ago, and have been going all my life." A veteran of the U.S. Air Force and a native of Columbia, he has been a trustee of the USC-Business Partnership Foundation-the Moore School's liaison with the business community-for the past two years.
NBSC, which celebrated its 100th
birthday in 2005, is a statewide community bank that has 47 offices in 26 communities around South
Carolina. It is the largest of the 40 banks that are part of Synovus, the Columbia, Georgia-based
holding company.
Joel A. Smith III, dean of the Moore School, thanked "Chuck Garnett and NBSC for this extremely generous gift. We are very grateful to friends like these." The money, added Smith, "will be put to very good use."
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| From left: Sara Fisher, COO, NBSC, Chuck Garnett, President and CEO, NBSC, and Joel Smith, Dean, Moore School of Business |
So in late 2006 or early 2007, NBSC will pay the first installment on its $300,000 gift to the Moore School-the largest commitment the bank has ever made to any organization or cause.
"A number of our folks have gone through the business school at USC," explains Garnett, who first joined NBSC in 1993 and was promoted to president and CEO in 2003. "And as we grow and expand in the years to come, we plan on having a lot more Moore School graduates on our team. So we felt it was a natural to support the efforts of the business school."
Garnett, who attended the University of South Carolina for three years before earning his bachelor's degree at the University of Puget Sound in 1982 (he also earned an MBA there in 1983), says it is NBSC's "philosophy to be involved in, and to give back to, the community. We look at this commitment as an investment in the future. The better the University is, the better the economy is in our state, and the better the banking business will be for all of us. [This gift] is an investment. We look for a return on that investment, and we're confident that we'll get it."
A big Gamecock fan "for all of my life," Garnett, 48, says that his father was also a Gamecock fan. "So I started going down to the old stadium a long, long time ago, and have been going all my life." A veteran of the U.S. Air Force and a native of Columbia, he has been a trustee of the USC-Business Partnership Foundation-the Moore School's liaison with the business community-for the past two years.
NBSC, which celebrated its 100th
birthday in 2005, is a statewide community bank that has 47 offices in 26 communities around South
Carolina. It is the largest of the 40 banks that are part of Synovus, the Columbia, Georgia-based
holding company.
Joel A. Smith III, dean of the Moore School, thanked "Chuck Garnett and NBSC for this extremely generous gift. We are very grateful to friends like these." The money, added Smith, "will be put to very good use."