A house RESOLUTION

 

to recognize and honor William C. Singleton of Pickens County on his many years of service and contributions to Pickens Savings and Loan Association.

 

Whereas, the members of the South Carolina House of Representatives are thankful for the many years that William Singleton has worked tirelessly with Pickens Savings and Loan Association, and are delighted to hear that on April 2, 2026, he celebrated his 100th birthday; and

 

Whereas, Mr. Singleton's work with Pickens Savings and Loan started when he joined the board on May 20, 1963. He was elected chairman of the Board of Directors in 2010 and served until his retirement in 2021 at the age of 95. He remains on the bank's loan committee today and serves as director emeritus; and

 

Whereas, he was instrumental in transforming Pickens Savings and Loan from a small institution that only offered savings accounts and home loans to the community bank they are today. When Mr. Singleton joined the board, total assets were less than four million dollars; today, the bank has one hundred thirty-five million dollars in assets. Under his leadership, the bank survived numerous economic cycles, experienced significant technological enhancements, and adapted to extensive regulatory changes; and

 

Whereas, Mr. Singleton was instrumental in the bank's conversion from mutual ownership to stock ownership. This conversion allowed members of the community to become shareholders of what is now the only bank with headquarters in Pickens County; and

 

Whereas, as a member of the loan committee, he makes sure that loan applications are reviewed individually and not evaluated solely on financial metrics. Mr. Singleton's wisdom and guidance have given numerous citizens of Pickens County the opportunity of homeownership; and

 

Whereas, Mr. Singleton always makes sure that Pickens Savings and Loan stays true to its founding purpose of encouraging savings and promoting homeownership. He recognizes that homeownership builds an economically vibrant and nurturing community; and

 

Whereas, the members of the South Carolina House of Representatives are pleased to honor this son of South Carolina for his hard work and dedication to his community throughout the years and they join with his family and friends in congratulating him on his 100th birthday. Now, therefore,

 

Be it resolved by the House of Representatives:

 

That the members of the South Carolina House of Representatives, by this resolution, recognize and honor William C. Singleton of Pickens County on his many years of service and contributions to Pickens Savings and Loan Association.

 

Be it further resolved that a copy of this resolution be presented to William C. Singleton.

----XX----