The Southern Bank purchases 44,000 square foot office campus for new loan operations center
July 10, 2023
The Southern Bank announced today the acquisition of a 44,000 square foot office campus located at 310 Inglesby Parkway in Duncan, S.C. in Spartanburg County. This new facility will house the bank’s customer support administration and loan operations department.
“This acquisition is very exciting and will expedite our growth plans for The Southern Bank. It represents a significant investment in our community and our commitment to providing the highest level of service to our customers,” said Scott Frierson, President of The Southern Bank. “We are thrilled to have the opportunity to expand our presence in the Upstate community and continue to serve the area’s financial needs for generations to come.”
The Bank moved its headquarters to the Upstate last year because of the area’s booming economy and growing population. The new complex is strategically located with visibility from Interstate 85 and efficient access to two of the most heavily traveled interstate systems in South Carolina. It is positioned in one of the fastest-growing residential corridors and is located in the center of a 5-mile radius with the highest concentration of industrial users between Atlanta and Charlotte.
The Southern Bank’s lean branch model emphasizes operating a best-in-class digital experience for its customers backed by a robust, state-of-the-art operations center. This acquisition accelerates the bank’s growth plans in Upstate South Carolina and beyond.
For more information about The Southern Bank and its new operations center, please visit www.thesouthern.bank.
About The Southern Bank
The Southern Bank is changing how digital and community banking are done. The Southern Bank is committed to delivering high-tech innovative financial tools while providing a high-touch, personal customer experience. With over $203 million in total assets, the bank currently operates branches in Greenville, SC, and Gibson, Hephzibah, Sardis, and Waynesboro, Ga. To learn more about The Southern Bank, visit www.thesouthern.bank.
