First National Bank adds Meg Peavey to South Carolina commercial banking team

 

First National Bank Adds Meg Peavey to South Carolina Commercial Banking Team First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced that it has hired Meg Peavey…

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Posted in: lowcountrybizsc   Category: banking-and-finance, employment, on-the-move

Will Aiken joins Southern First Bank, expanding Southern First credit leadership

 

Southern First Bank, the largest bank headquartered in South Carolina, welcomes Will Aiken, who will carry the title of Executive Vice President with the company. Will brings extensive leadership experience…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Moryah Jackson joins United Community Bank as Vice President, Director of Community Development and Engagement

 

United Community Bank welcomed Moryah Jackson as Vice President, Director of Community Development and Engagement. In this newly created leadership role, Jackson will be responsible for oversight of the bank’s…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

SC banks close $5.7 billion in PPP loans, protect more than 650,000 jobs

 

South Carolina banks participating in the Paycheck Protection Program closed $5.7 billion in loans in a little more than 90 days, assisting in the protection of better than one in…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Greystar closes $600 million Greystar Credit Partners II

 

CHARLESTON, S.C.–(BUSINESS WIRE)–Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality purpose-built rental housing properties, announced the launch and funding of Greystar…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move, residential-real-estate

4-star Morningstar rating continues for Wallick Investments Fidelis

 

1 of only 7 RIA firms in South Carolina to receive Morningstar ratings, Wallick Investments, LLC’s Fidelis composite received a 4-star Morningstar RatingTM among 458 Large-Cap Value products for 3-year,…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

Countybank Foundation donates $25,000 to Piedmont Technical College Foundation

 

The Countybank Foundation recently donated $25,000 to the Piedmont Technical College (PTC) Foundation for the William H. “Billy” O’Dell Upstate Center for Manufacturing Excellence. “We could not be more grateful…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

RealOp Investments acquires Oates Crossing, a 235K SF Class A office-warehouse portfolio in Charlotte, NC for $31.75M

 

RealOp Investments has expanded its Southeastern footprint with the acquisition of a four building, 234,400-square-foot office-warehouse portfolio located in the flourishing Charlotte MSA. Strategically positioned along I-77, Oates Crossing is…

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Posted in: upstatebizsc   Category: banking-and-finance, commercial-real-estate, on-the-move

South Carolina Federal merges with Spartanburg City Employees Credit Union

 

South Carolina Federal Credit Union is proud to announce its completed merger with Spartanburg City Employees Credit Union following a member vote in June. The financial center located in City…

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Posted in: lowcountrybizsc, upstatebizsc   Category: banking-and-finance, headlines, on-the-move

Palmetto closes on $29 million Series B raise

 

CHARLESTON, SC – Palmetto, a software company focused on simplified energy savings for homeowners, announced that it has completed a $29 Million Series B raise. Investors from a wide range of…

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Posted in: lowcountrybizsc   Category: banking-and-finance, energy, hi-tech-information-tech, on-the-move

Celebrating ABLE to Save Month with our partners

 

By State Treasurer Curtis Loftis Because our citizens living with disabilities deserve the same chance to achieve financial independence and stability as all South Carolinians do, I’m proud to serve…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, government, on-the-move

Charitable Considerations When Selling a Business

 

By Bethany M. Griffith, CFP®, EA   Running a business is full of decision points, strategy planning, and opportunities. All of these factors remain when it is time to sell…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: accounting, advice, banking-and-finance, on-the-move, philanthropy

Southern First reports results for second quarter 2020

 

Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three and six-month period ended June 30, 2020. “In this current environment,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

South Carolina Federal opens Cane Bay Financial Center

 

South Carolina Federal Credit Union is pleased to announce that its Cane Bay financial center, located at 1736 State Rd. in Summerville, is now open. The Cane Bay financial center…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Lincoln Stewart joins First Reliance Bank as Vice President and Portfolio Manager

 

Lincoln Stewart has joined First Reliance Bank as a Vice President and Portfolio Manager in Greenville, SC. In his new role, he will be responsible for underwriting and portfolio management…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

VentureSouth leads investment in Altis Biosystems

 

VentureSouth announced that it has led the oversubscribed $3.1 million Series Seed investment round for Altis Biosystems, a Chapel Hill, NC-based biotechnology company. Altis Biosystems makes drug discovery faster, cheaper,…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, economic-development, health-care, on-the-move

Countybank approves more than $61 million in Paycheck Protection Program loans

 

Countybank has taken a significant leadership role in helping Upstate businesses deal with the financial implications of the COVID-19 crisis by approving more than $61 million in Paycheck Protection Program…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

United Community Banks, Inc. reports second quarter results

 

United Community Banks, Inc. (NASDAQ: UCBI) (United) reported second quarter financial results, with record year-over-year loan and deposit growth. United delivered net income of $25.1 million and pre-tax pre-provision income…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Ellison Kibler & Associates make premiere on prestigious Barron’s Private Wealth Management Teams list

 

Barron’s named Ellison Kibler & Associates, a Merrill Lynch Wealth Management team in the Carolinas, to its 2020 Top 50 Private Wealth Management Teams list. Although firm advisors are consistently…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

First Reliance Bank hosts roundtable discussion at Learning Center in Florence

 

Participants included Congressman Tom Rice, Fred Green with the SCBA, and 13 other small business owners On July 14, First Reliance Bank hosted a roundtable discussion led by Rick Saunders,…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

Countybank Foundation supports Greenwood Area Habitat for Humanity

 

The Countybank Foundation, established in 1971 representing Countybank and Greenwood Capital, recently donated $20,000 to Greenwood Area Habitat for Humanity. This donation is part of a five-year plan to donate…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, non-profit, on-the-move

United Community Bank awarded 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts

 

United Community Bank is pleased to have been recognized by the South Carolina Arts Commission (SCAC) as a 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts award recipient. The…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move, the-arts

VentureSouth continues investing despite pandemic

 

VentureSouth, one of the largest angel investment groups in the United States, announced its investment activity for the first half of 2020. Despite health and economic challenges brought on by…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

SAFE Federal Credit Union awards scholarships to area students

 

SAFE Federal Credit Union has awarded 14 high school students with $1,000 each towards their college education. The scholarships were awarded to public and private school students within SAFE’s service area.…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

United Community Bank welcomes Bob Brown as Chief Information Security Officer

 

United Community Bank has announced the addition of Bob Brown as Chief Information Security Officer. Bob, who has more than two decades of experience managing business technologies, will now work…

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Posted in: upstatebizsc   Category: banking-and-finance, headlines, on-the-move

How to Complete the PPP Loan Forgiveness Application Webinar – July 8

 

NEW WEBINAR: HOW TO COMPLETE THE PPP LOAN FORGIVENESS APPLICATION Wednesday, July 8th @1pm EST Sign up here – https://www.ergpayroll.com/how-to-complete-the-ppp-loan-forgiveness-application/ During this webinar, we will cover the most recent updates…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, business-services, on-the-move

Partnership brings $1 million loan relief program to aid businesses during COVID-19

 

A partnership between First Reliance Bank and The Town of Lexington has led to the creation of a $1 million dollar loan program to aid in-town businesses impacted during the…

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Posted in: midlandsbiz   Category: banking-and-finance, government, on-the-move

United Community Banks, Inc. completes acquisition of Three Shores Bancorporation, Inc. and its wholly owned bank subsidiary, Seaside National Bank & Trust

 

United Community Banks, Inc. has completed its merger, effective July 1, 2020, with Three Shores Bancorporation, Inc. Also, effective July 1, 2020, Three Shores’ bank subsidiary, Seaside National Bank &…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

What to Consider in a Buy-Sell Agreement

 

By Jonathan J. Robertson, CFP® If your business has more than one owner, having a buy-sell agreement in place is vital. A buy-sell agreement is used to determine in advance…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: accounting, advice, banking-and-finance, on-the-move

United Community Bank announces plans to begin reopening branch lobbies

 

United Community Bank has announced they are reopening lobbies for additional branch locations across their four-state footprint, effective this week. United closed its lobbies on March 24 in response to…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

First Reliance Bank and MUSC Health Florence Division establish innovative partnerships to keep patients and health providers connected

 

First Reliance Bank announced a partnership with MUSC Health Florence Division, in conjunction with MUSC’s Florence Office of External Affairs, to donate 26 Apple iPad’s to its medical centers. This…

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Posted in: lowcountrybizsc, midlandsbiz   Category: banking-and-finance, hi-tech-information-tech, on-the-move

The South Carolina Bankers Association honors children of three CresCom Bank employees with Palmetto Scholarships

 

The South Carolina Bankers Association’s (SCBA) Young Bankers Division has honored children of three CresCom Bank employees with scholarships in 2020. Every year, the SCBA Young Bankers Division awards the…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

United Community Bank donates $10,000 to United Way

 

United Community Bank is proud to announce gifts totaling $10,000 to four United Way chapters throughout the bank’s southeastern footprint. The donations, which will help United Way further its mission…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Rhiannon Poore joins Southern First, leading marketing and communications efforts

 

Southern First Bank welcomes Rhiannon Poore as Director of Marketing and Corporate Communications. Previously at Elliott Davis and FGP International, Rhiannon will be focused on helping the bank grow in…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Professional Planning & Wealth opens in Greenville

 

Certified wealth planners Chris Beard and Jesse Hansford are opening their own wealth management company. Professional Planning & Wealth brings together the duo’s more than 40 years of combined financial…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Earnnest now available throughout Michigan and Northern Indiana

 

Earnnest, the largest digital earnest money service in the U.S., recently announced the availability of its platform in all 47 locations of Berkshire Hathaway HomeServices Michigan Real Estate, Northern Indiana…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move, residential-real-estate

SAFE Federal Credit Union invests $3.7 million in new banking technology

 

A $3.7 million total contract investment in new banking technology is complete at SAFE Federal Credit Union, following the replacement of the organization’s core banking software. Provided by the Symitar…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

Palmetto Goodwill receives $100K grant for COVID-19 relief efforts

 

Palmetto Goodwill announced it received a $100,000 grant from Truist Financial Corporation to continue offering workforce assistance services through its virtual and walk-in Career Opportunity Centers. The grant is part…

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Posted in: lowcountrybizsc   Category: banking-and-finance, non-profit, on-the-move

Northwestern Mutual receives Top Workplaces award in South Carolina

 

Northwestern Mutual of South Carolina recently received recognition as one the Top Workplaces in South Carolina for the third consecutive year. The list is based on employee feedback gathered through…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

David Renaker joins First Reliance Bank as a Relationship Banker

 

David Renaker has joined First Reliance Bank as a Relationship Banker in Lexington. In his new role, Renaker will be responsible for building and maintaining relationships with business customers and…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

Eric Lysak joins First Reliance Bank as Relationship Banker

 

Eric Lysak has joined First Reliance Bank as a Relationship Banker in Greenville, SC. A native of Greer, SC, Lysak holds over 10 years of experience as a banking professional.…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

First Reliance Bank collects over 3,400 pounds of food in “You Can Make A Difference” Food Bank Drive

 

During the month of May, First Reliance Bank held its “You Can Make A Difference” Food Bank Drive to assist those in need during the COVID-19 health crisis by restocking its local…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

United Community Bank selects Greenville area bankers for 2020 Leadership Academy

 

United Community Bank has chosen fifteen of its emerging leaders for the bank’s 2020 Leadership Academy, an internal professional development program which includes team members from across the four-state United…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Greenville company partners with New York industry leader in commercial real estate finance

 

LyonJay announced its newest venture, Hudson Oak Development, headquartered in Greenville, SC with an office in New York, New York. Hudson Oak Development specializes in multifamily and for-rent single family…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

John Lindley joins First Reliance Bank as Vice President, Bank Operations Manager

 

John Lindley has joined First Reliance Bank as Vice President, Bank Operations Manager. Lindley is responsible for overseeing multiple aspects of the bank’s operations, and he will provide senior management…

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Posted in: lowcountrybizsc, midlandsbiz   Category: banking-and-finance, on-the-move

Apollon Wealth Management partners with Chicago-based Podesta Capital Advisors

 

CHARLESTON, SC – Apollon Wealth Management, LLC, a collaborative and transparent financial planning firm, announced it has taken a minority interest in Chicago-based Podesta Capital Advisors and formed a new…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Pete Peterson joins United Community Bank as Chief Retail Credit Officer

 

United Community Bank welcomed Pete Peterson as Chief Retail Credit Officer. In this new role, Peterson will be responsible for the overall administration and control of United’s community bank loan…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

TCB Corporation and Countybank add new Board Member

 

TCB Corporation and Countybank welcomed Megha Lal to the Countybank Board of Directors. Her responsibilities in joining the Board of Directors include directing the organization’s overall affairs, establishing our strategic…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move