SCBT Investment Services Division Executive Relocates to Columbia

October 8, 2007

COLUMBIA, SC – October 5, 2007-  South Carolina Bank and Trust announced today that its Investment Services division executive, Eric Gluse will relocate to Columbia as a part of a commitment to continued centralization of management in the Midlands.

“Under Eric’s leadership, we will be able to better manage a fast growing program from the headquarter’s office,” said Todd Harward, president, SCBT Wealth Management Group.  “This will also further strengthen our core leadership team and allow us to create more synergy between the business segments.”

Gluse will occupy offices at SCBT’s Gervais Street headquarters in an effort to centralize the Wealth Management Group, which includes Private Banking and Trust Asset Management.  

Gluse has over 17 years experience in investments, financial planning, and asset management services.  Prior to joining SCBT, Gluse was regional manager of a leading financial institution’s investment program managing efforts across the Carolinas.

A graduate of Clemson University, Gluse earned a degree in administrative management .  He also holds Series 7, 9, 10, 24, 53, 63, and 65 licenses along with South Carolina Life, Accident and Health.  Gluse earned his CFP certification in August of 2005.

South Carolina Bank and Trust, the 4th largest bank headquartered in South Carolina, is a subsidiary of SCBT Financial Corporation (NASDAQ: SCBT). Serving the financial needs of South Carolinians for over 73 years, SCBT Financial Corporation operates 45 financial centers in 16 South Carolina counties and has assets exceeding $2.2 billion. Visit us at