Greer State Bank mortgage closes $61 million
January 28, 2016
GREER, SC – Greer State Bank continues their mortgage growth under the direction of Tim Strom, Senior Vice President and Mortgage Director. Strom was hired in 2014 to assume responsibility for leading and growing the mortgage lending department after Bill Harrill’s retirement later that same year. That growth resulted in six new hires and the expansion of the bank’s footprint by opening a mortgage and business lending office in Clemson fall of 2014.
Greer State Bank Mortgage exceeded their 2015 goal with nearly $61 million in closed loan volume, an almost 300% increase from $22 million closed in 2014. Greer State Bank Mortgage Loan Officers, Sue Gaines and Art Wray, were each responsible for more than $20 million in closed loans for the year.
“Our success this past year is a result of the hard work and dedication from our mortgage team, credit/loan administration, and to those who value our service by referring loans to Greer State,” said Strom. “Our plans are continued growth in the mortgage area in 2016 by hiring experienced lenders and exploring new loan products.”
About Greer State Bank
Now in its twenty-eighth year of operations, Greer State Bank serves the greater Greer community with three branch offices, a fourth branch office in the Taylors community and a mortgage/business lending office in Clemson. Greer Bancshares Incorporated trades in the over the counter market and is quoted on the OTC Bulletin Board under the symbol GRBS. Greer State Bank is FDIC Insured and an Equal Housing Lender.
