SCBT Names Reagan Spartanburg City Executive

September 22, 2010

SPARTANBURG, SC – September 22, 2010 – South Carolina Bank and Trust announced that John A. Reagan, IV (Jay) has been named city executive for the Spartanburg area.

“Spartanburg is a significant market for us in South Carolina.  We plan to build on the tremendous success Bill Coker and the Wealth Management team have experienced with our entry into this market,” said John F. Windley, president, SCBT, N.A.  “Jay’s leadership and experience will be essential as we continue to grow the presence of our retail and commercial bank in the Spartanburg area.  We are excited to have a Spartanburg native to lead this expansion.”

Reagan began his banking career with a large regional bank in Spartanburg in 2003.  He joined SCBT in 2006 as a private banker in the fast growing Charleston market and was promoted to city executive for the bank’s entry into the James Island market in 2008. 

“I am excited to have the opportunity to come home to Spartanburg,” said Reagan.   “Our team will work together to fulfill SCBT’s commitment to provide full-service banking to the community.”

A graduate of Clemson University, Reagan earned a Bachelor of Science degree in Financial Management.  He is also in his second year at the Louisiana State University Graduate School of Banking.  Reagan is the son of John and Betty Reagan of Spartanburg.

SCBT Financial Corporation, Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina.  The Company consists of SCBT, N.A., the third largest bank headquartered in South Carolina; SCBT of the Piedmont, a Division of SCBT, N.A.; NCBT, a Division of SCBT, N.A.; and Community Bank & Trust, a Division of SCBT, N.A.   Providing financial services for over 76 years, SCBT Financial Corporation operates 76 locations in 17 South Carolina counties, 10 North Georgia counties, and Mecklenburg County in North Carolina.   Named in Forbes as one of the 100 Most Trustworthy Companies in America in 2009, SCBT Financial Corporation has assets of approximately $3.6 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market.  More information can be found at www.SCBTonline.com.