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Rebuild Upstate received $7,500 from the Countybank Foundation

 

The Countybank Foundation recently made a major donation of volunteer time and funds to Rebuild Upstate. Countybank and Greenwood Capital employees did a blitz repair of three houses in Anderson, Greenville, and Greer on the weekend of October 5, 2019, that accounted for a $7,500 donation and 248 hours of service. “Putting people first is…

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

Mercedes-Benz Financial Services USA names Tobias Waldeck vice president and head of Daimler Truck Financial

 

Mercedes-Benz Financial Services USA LLC, a leading automotive financial services provider, announced the appointment of Tobias Waldeck as vice president of the company’s business unit, Daimler Truck Financial. Daimler Truck Financial provides innovative and flexible financial and insurance services for fleet owners, owner/operators, municipal, vocational customers and dealers for the Daimler Trucks North America commercial…

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

First Community Corporation announces third quarter results and cash dividend third quarter highlights

 

Highlights Net income of $2.898 million. Diluted EPS of $0.39 per common share. Net loan growth of $8.4 million during the quarter, an annualized growth rate of 4.6%. Pure deposit growth, including customer cash management accounts, of $12.9 million during the quarter, a 6.3% annualized growth rate. Mortgage unit had a record quarter in production…

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

Edward Jones associates join the Alzheimer’s Association Walk to End Alzheimers

 

Edward Jones Raises Funds and Awareness for Alzheimer’s Disease as Title Sponsor The financial service firm is the national presenting sponsor of this year’s walk and has committed $12 million over five years to support the mission of the Alzheimer’s Association. The firm has been at the forefront when it comes to raising awareness of…

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

Countybank adds new associate to Greer market team

 

Jack Lucas joins Countybank as SVP, Senior Commercial Banker Countybank welcomed Jack Lucas as Senior Vice President, Senior Commercial Banker in Greer. Lucas comes to Countybank with more than 30 years of commercial banking experience, primarily as a senior banking executive in Greenville and Greer. Lucas most recently served as Greer Market President and Senior…

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

United Community Bank Senior Care Lending grows under new leadership

 

United Community Bank has promoted Dennis Rowlen to Team Leader of its Senior Care Lending Group. Rowlen has been with United since the launch of its Senior Care Lending division in 2016. He will now lead the team with a focus on finding creative solutions for operators and developers looking to construct, expand or renovate…

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

VentureSouth closes Angel Fund III at record pace

 

VentureSouth announced that it has closed its third sidecar investment fund, the VentureSouth Angel Fund III, at a record pace, reaching its maximum target size of $5 million. Raised during 2019, the Fund allows its 82 investors to participate automatically in investments made by active VentureSouth members. It continues the investment strategy of its predecessor…

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

South State Community Development Officer lends expertise to Economic Summit

 

Nathaniel A. Barber, community development and Community Reinvestment Act officer at South State Bank, is a featured panelist at the 2019 South Carolina NAACP Economic Summit. The event will be held in Orangeburg on Saturday, Oct. 5 from 9 a.m. to 3 p.m. at Claflin University and aims to help community members build and sustain…

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

Southern First named a top performing bank by Sandler O’Neill

 

Southern First Bancshares, Inc., holding company for Southern First Bank, has been named by Sandler O’Neill + Partners, L.P. as one of the nation’s top performing small-cap banks and thrifts, included in the firm’s Sm-All Stars Class of 2019. Southern First was also included in the Sm-All Stars Class of 2015. The 2019 Sm-All-Star Class…

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

Southern First named a top performing bank by Sandler O’Neill

 

Southern First Bancshares, Inc., holding company for Southern First Bank, has been named by Sandler O’Neill + Partners, L.P. as one of the nation’s top performing small-cap banks and thrifts, included in the firm’s Sm-All Stars Class of 2019. Southern First was also included in the Sm-All Stars Class of 2015. The 2019 Sm-All-Star Class…

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

South Carolina Federal named one of the Best Credit Unions to Work For

 

 South Carolina Federal Credit Union has been named one of the 2019 Best Credit Unions to Work For in a survey by Credit Union Journal. South Carolina Federal ranked #2 on the list, which is made up of 50 credit unions in the United States. Credit Union Journal worked with Best Companies Group to identify companies that have excelled…

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

ABLE 529s: A Special Account for Special Needs

 

By Aaron E. Graham Abacus   You may be familiar with 529 accounts. 529 Plans are so named from the originating IRS Code section and serve as tax-advantaged college savings accounts. A new account known as the ABLE 529 is now available as a similar vehicle to save for expenses unique to those with special…

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Posted in: midlandsbiz   Category: advice, banking-and-finance

Southern First named a top performing bank by Sandler O’Neill

 

Southern First Bancshares, Inc., holding company for Southern First Bank, has been named by Sandler O’Neill + Partners, L.P. as one of the nation’s top performing small-cap banks and thrifts, included in the firm’s Sm-All Stars Class of 2019. Southern First was also included in the Sm-All Stars Class of 2015. The 2019 Sm-All-Star Class…

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

G. Neal Kyber named Greenville market president of First Reliance Bank

 

First Reliance Bank announces the addition of G. Neal Kyber as market executive for the Greenville, S.C. market. Kyber’s extensive banking experience spans more than 30 years. Kyber has held numerous banking positions with several banks in the Upstate and Midlands regions of South Carolina. “As we continue to look for expansion opportunities throughout the…

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

Beth Hallock named President SBA at United Community Bank

 

United Community Bank announced the promotion of Beth Hallock to President of SBA. Hallock has over 35 years of industry experience, 18 of which have been dedicated to various areas of SBA lending, and most recently served as SBA National Sales Manager for United. She will now oversee all aspects of the bank’s SBA team,…

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

Beth Hallock named President SBA at United Community Bank

 

United Community Bank announced the promotion of Beth Hallock to President of SBA. Hallock has over 35 years of industry experience, 18 of which have been dedicated to various areas of SBA lending, and most recently served as SBA National Sales Manager for United. She will now oversee all aspects of the bank’s SBA team,…

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

South Carolina Federal expands services to Lexington

 

South Carolina Federal Credit Union announced the addition of a Lexington, South Carolina financial center to its portfolio. The financial center is located at 5075 Sunset Blvd, Lexington, SC 29072. This location will feature two drive-thru lanes, an ATM, a self-service station, state-of-the-art security features and a fresh, modern design.  “We’ve proudly served Columbia for…

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

Wells Fargo Home Mortgage names J. Benjamin Black Home Mortgage Consultant for Charleston

 

Wells Fargo Home Mortgage, one the nation’s top retail mortgage lender, recently named J. Benjamin Black as a Home Mortgage Consultant in its Charleston office. Black has more than 30 years of financial and industry experience. Prior to joining Wells Fargo Home Mortgage, he served as a Wealth Management Lending Officer at Bank of America/Merrill…

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

Dita Brown joins Beacon Community Bank as Vice President, Commercial Banker

 

Beacon Community Bank, Charleston’s new privately held community bank, announced that Dita Brown has joined the bank as Vice President, Commercial Banker. In her role as a Commercial Banker, Brown will be responsible for managing client business portfolios with strategic growth-focused goals, conducting extensive research and analysis for prospective clients, and strengthening relationships with clients…

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

T Cox joins Coldwell Banker Commercial Caine in Greenville

 

Coldwell Banker Commercial Caine recently welcomed T Cox as a commercial sales associate to its Greenville office. T joins Caine with years of sales experience in technology, insurance and most recently, commercial real estate. Throughout his time in inside sales, he developed a desire to pursue an outside sales position, which led him to receive…

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

TD Charitable Foundation supports financial literacy and community service at Greenville Technical College

 

A $17,500 gift from TD Charitable Foundation, the charitable giving arm of TD Bank, will support students at Greenville Technical College (GTC). The gift will allow the college’s Financial Education Center to celebrate Financial Literacy Week, October 21-25, 2019, with activities and events aimed at improving students’ financial knowledge and health. Experts from TD Bank…

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

John Warren sells stake in Lima One Capital

 

John Warren, founder and chairman of Greenville-based Lima One Capital, has sold his majority ownership stake in the company to current minority partners. Warren founded Lima One in 2011 and has grown the company to more than 300 full and part-time employees around the country. Under Warren’s leadership at Lima One, the company doubled in…

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

South Carolina Business Awards announces the recipients for the SC Economic Impact Award and the SC Excellence in Business Awards

 

South Carolina Business Awards, home of the Official SC TOP 25 Fastest Growing Companies program, announced the recipient for the 2019 South Carolina Economic Impact Award is ScanSource. The SC Economic Impact Award, sponsored by BMW Manufacturing Co., is one of the most prestigious award recognitions that a company can receive. It recognizes companies in…

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

South Carolina Business Awards announces the recipients for the SC Economic Impact Award and the SC Excellence in Business Awards

 

South Carolina Business Awards, home of the Official SC TOP 25 Fastest Growing Companies program, announced the recipient for the 2019 South Carolina Economic Impact Award is ScanSource. The SC Economic Impact Award, sponsored by BMW Manufacturing Co., is one of the most prestigious award recognitions that a company can receive. It recognizes companies in…

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

South Carolina Business Awards announces the recipients for the SC Economic Impact Award and the SC Excellence in Business Awards

 

South Carolina Business Awards, home of the Official SC TOP 25 Fastest Growing Companies program, announced the recipient for the 2019 South Carolina Economic Impact Award is ScanSource. The SC Economic Impact Award, sponsored by BMW Manufacturing Co., is one of the most prestigious award recognitions that a company can receive. It recognizes companies in…

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

South Carolina Federal adds two executives to senior management team

 

South Carolina Federal Credit Union has added two seasoned leaders to its senior management team: Kevin Kosco, Senior Vice President of Retail Sales and Service, and Scott Muscarella, Senior Vice President of Marketing. Kosco has worked for South Carolina Federal for nearly 13 years. In his prior role, he served as the Vice President of…

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

Alyson Donnelly, Vice President of Sales, joins Coldwell Banker Caine leadership team

 

On the heels of a full-market rebrand, Caine is growing its management to provide more support for agents In response to continued growth for the Upstate real estate firm, Coldwell Banker Caine recently announced the addition of Alyson Donnelly as Vice President of Sales. Donnelly joins the company’s broker leadership team as part of strategic…

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

Seven college students join Northwestern Mutual’s nationally recognized internship program

 

Northwestern Mutual, a leading financial services firm, has selected seven college seniors to gain valuable financial planning experience in the firm’s nationally recognized internship program. Alexandra Worts of Furman University, Tyler Ryll of University of South Carolina and Clemson University students Beau Craft, David Evans, Ryan Enniss and Dylan Renfro will work in Northwestern Mutual’s…

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

Bank of America recognized as one of Greenville Technical College’s Unsung Heroes

 

Bank of America and the Bank of America Charitable Foundation were recently recognized by Greenville Technical College as Unsung Heroes, joining the ranks of organizations and individuals honored over the past 22 years for making a difference at the college and in the community. Bank of America has supported the college in countless ways for…

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

Lima One Capital adds five business development reps

 

Lima One Capital, the nation’s premier lender for real estate investors, recently added business development representatives to better serve five new markets. • Danita Olney joins Lima One as a business development representative based in Central Florida. Olney brings nearly 20 years of experience as a loan officer, serving as a branch manager twice and…

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

Countybank unveils refreshed company website

 

Countybank is proud to launch its new website, providing a more comprehensive and user-friendly experience for online visitors. To experience Countybank’s revamped website, visit www.ecountybank.com. “Our new website better represents who we are as a financial organization in many aspects,” said Ken Harper, Executive Vice President and Chief Operating Office of Countybank. “It is an…

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

Wade Pfau, renowned retirement income expert, to speak at the FPA of South Carolina annual symposium

 

The Financial Planning Association of South Carolina announced today that Wade Pfau, Ph.D., CFP, will speak at their annual symposium and sponsor expo being held on Thursday, October 10 and Friday, October 11 at the Columbia Metropolitan Convention Center. Dr. Pfau will present two sessions on Friday, October 11 – “Sustainable Spending in Retirement” and…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: accounting, banking-and-finance, business-services, health-care, hi-tech-information-tech, insurance, it-services, on-the-move

VC3’s Clark Cooper completes National Certified Government Chief Information Officer program

 

Clark Cooper, a Virtual Chief Information Officer at VC3, graduated from the University of North Carolina’s (UNC) School of Government National Certified Government Chief Information Officer (CGCIO) program. The CGCIO certification program is a 12-month online course with curriculum designed for IT leaders supporting the public sector. UNC’s prestigious School of Government is the largest…

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

Seven college students join Northwestern Mutual’s Nationally recognized internship program

 

Northwestern Mutual, a leading financial services firm, has selected seven college seniors to gain valuable financial planning experience in the firm’s nationally recognized internship program. Alexandra Worts of Furman University, Tyler Ryll of University of South Carolina and Clemson University students Beau Craft, David Evans, Ryan Enniss and Dylan Renfro will work in Northwestern Mutual’s…

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

United Community adds David Ward to commercial leadership team in Spartanburg

 

United Community Bank welcomed David Ward to its Spartanburg team as Senior Vice President, Commercial Relationship Manager. Ward has nearly 30 years of banking experience and will be responsible for managing and expanding relationships with commercial clients in Spartanburg and Cherokee counties. “David’s experience, knowledge of the banking industry and community connections make him the…

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

South Carolina Federal Credit Union hours of operation for Hurricane Dorian

 

Release date: 09/02/19 In the interest of member safety, as well as the safety of the employees serving our members, our Charleston area and Georgetown financial centers will be closed Tuesday, September 3 and Wednesday, September 4. Our contact center will also be closed Tuesday and Wednesday. Our Columbia, Florence and Spartanburg locations will be…

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

United Community Bank named one of the Best Banks to Work For in United States

 

United Community Bank is proud to have been named one of the Best Banks to Work For in 2019 by American Banker and Best Companies Group. This recognition is based on employee satisfaction and signifies the bank’s commitment to a positive, collaborative environment in which employees can thrive. This is the third consecutive year the…

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

GrandSouth Bank full-service branch in Charleston now open

 

GrandSouth Bank opened the doors of their new full-service branch at 291 East Bay Street in Charleston in July 2019, but the Greenville-based bank has been serving Charlestonians since May of 2017. Rob Phillips, Coastal Market Regional Executive, and Alan Uram, Charleston Market President, have led GrandSouth’s Loan Production Office in Charleston since it opened in May 2017 and have paved the way for…

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

A Conversation with Andy Brusman, Charles Towne Holdings

 

Charles Towne Holdings is a Capital Markets, Investment Banking, and Strategic Advisory firm headquartered in Charleston, SC and with additional locations in Atlanta, GA, and Greenville, SC. The firm was founded in the fall of 2018 by Andy Brusman and is headquartered in Charleston. Andy, who is originally from Richmond, Virginia, moved to Charleston seven…

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Posted in: lowcountrybizsc   Category: banking-and-finance, podcast

Eric Schelble joins United Community Bank in Columbia

 

United Community Bank announced the addition of Eric Schelble as Vice President/Commercial Relationship Manager. Schelble is the fourth person to join United’s newly launched team in the Midlands. “Eric is a creative thinker with close community ties, and we are very excited to welcome him to our growing team,” said Shannon Stephens, Midlands President for…

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

Kara Johnson & Rex Ann Strecker join United Community Mortgage Services

 

United Community Mortgage Services welcomed Rex Ann Strecker as a Senior Loan Officer and Kara Johnson as a Mortgage Loan Originator to its Coastal South Carolina team. The two have worked together in the past and will now utilize United’s products and services to help clients seeking homeownership in the Charleston area. “I am delighted…

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

Countybank expands to Residential Construction Lending

 

Scott Presley joins Countybank as VP, Director of Residential Construction Lending Countybank welcomed Scott Presley as Vice President, Director of Residential Construction Lending. Presley comes to Countybank with more than 20 years of experience as a construction lender in the Greenville/Greer area. Presley most recently served as Construction Lender with Oconee Federal Savings and Loan.…

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

CresCom Bank makes Forbes’ ‘America’s Best Banks in each state’ list

 

CresCom Bank has recently been named one of America’s Best Banks in South Carolina 2019 by Forbes Magazine. Of the estimated 5,400 banks in the United States, only 149 made the 2019 list, and only three banks from South Carolina were recognized. To gauge which firms have the most satisfied customers and would go on to make the list, Forbes partnered with market research firm Statista to survey…

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

FinTrust hires Jennifer Lopez as Client Service Administrator

 

FinTrust Capital Advisors announced that Jennifer Lopez has joined the FinTrust team as Client Service Administrator. With industry experience, Jennifer will focus on maintaining client relationships and assisting advisors with service requests. Jennifer holds a Bachelor of Business Administration in Accounting from the University of North Georgia and is currently working on obtaining the Series…

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

AllSouth collects school supplies for R.E. Davis College Preparatory Academy

 

AllSouth Federal Credit Union organized a school supply drive to benefit students at R.E. Davis College Preparatory Academy. AllSouth locations in Sumter collected much needed school supplies for two weeks in July. Along with donations from the community, AllSouth donated 100 backpacks, paper, glue sticks, crayons, index cards, and folders. The collected supplies were delivered…

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

Countybank’s CFO Scott begins term as S.C. Bankers School Chair

 

Annette L. Scott, Executive Vice President and Chief Financial Officer, of Greenwood headquartered Countybank began a one-year term as chair of the South Carolina Bankers School on July 15. The South Carolina Bankers School is the premier educational and professional development program sponsored by the South Carolina Bankers Association. Scott will chair the 59th annual…

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

Resource Financial Services makes Inc. Magazine’s list of 500 Fastest-Growing Private Companies for second time

 

Resource Financial Services, a privately owned retail mortgage banking firm serving the Southeast, was recently ranked in the top 10 percent of Inc. magazine’s annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing companies. Resource Financial is listed at No. 488 on the prestigious list, which represents a unique look at the most successful…

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

Jacob D. Wallick of Wallick Investments, LLC passes Level II CFA® Exam

 

Nationally-ranked Wallick Investments, a South Carolina-based Registered Investment Advisory firm, announced that Mr. Jacob (Jake) Wallick, junior portfolio manager and managing partner associate, passed the Level II exam of the CFA Program, administered in Charlotte, NC. 44% of candidates passed the June 2019 Level II exam.  Mr. Wallick shares, “I am honored to have completed…

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

Countybank adds new associate to SBA lending team

 

Brad Cantrell joins Countybank as VP, SBA Business Development Officer Countybank welcomed Brad Cantrell as Vice President, SBA Business Development Officer in Greenville. Cantrell comes to Countybank with extensive experience in banking, credit, and business development across the Upstate. Cantrell most recently served as Senior Credit Advisor with Oconee Federal where he developed and implemented…

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

Receptionist

 

• Coordinate client meetings and set account reviews • Set up and maintain files for new and current customers • Use reports and client database to identify and manage critical account activity, such as pending lapse, surrenders, trade activity, and review dates. Contact customers, as needed to resolve. • Helping welcome customers into our office.…

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Posted in: lowcountrybizsc   Category: banking-and-finance