The bill, S. 1116, is a Senate Resolution recognizing and honoring Kingstree Federal Savings and Loan on the occasion of its one hundredth anniversary. The resolution commends the institution for its century of service in South Carolina, highlighting its founding in 1926 by local business leaders who aimed to provide a safe place for citizens to save money and secure home financing. The resolution details the history of the organization, including its stability during economic downturns and its evolution from Mutual Building and Loan to its current name after obtaining a federal charter in 1938.

The resolution expresses appreciation for Kingstree Federal Savings and Loan's commitment to the community and its continued growth under the leadership of President and CEO Conrad Kellahan, who was appointed in September 2025. It concludes with a directive to present a copy of the resolution to Kellahan, acknowledging the institution's significant role in the local economy and its dedication to serving the people of South Carolina.