Kingstree Federal Savings and Loan
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This Senate Resolution recognizes and honors Kingstree Federal Savings and Loan on its 100th anniversary and commends the institution for a century of business in South Carolina. The resolution details the history of the savings and loan, from its founding in 1926 by local business leaders to its current status. It highlights the institution’s stability throughout economic challenges and its continued commitment to the Kingstree community.
Key provisions
- Recognizes Kingstree Federal Savings and Loan's 100th anniversary.
- Commends the institution for a century of business in South Carolina.
- Details the founding of the savings and loan in 1926 by local leaders.
- Highlights the institution's stability during the Great Depression.
- Notes the conversion of the state charter to a federal charter in 1938.
- Acknowledges the institution's relocation to its current location in the early 1970s.
- Recognizes the leadership of Conrad Kellahan as the current president and CEO.
- Expresses appreciation for the institution’s dedication to the community.
Who is affected
- Kingstree Federal Savings and Loan
- The residents of Kingstree, South Carolina
- The State of South Carolina
Notable changes
- The institution was founded as Mutual Building and Loan in 1926.
Bill text
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Sponsors
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1 on record
Primary sponsor
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