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…
Read MorePosted 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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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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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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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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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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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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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…
Read MorePosted 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…
Read MorePosted 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…
Read MorePosted 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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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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First Reliance Bank named Best Places to Work in South Carolina for fifteenth consecutive year
First Reliance Bank was recently named as one of the Best Places to Work in South Carolina. The fifteenth annual program was created by SC Biz News in partnership with…
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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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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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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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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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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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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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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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Brook Moore joins First Reliance Banks as Senior Vice President and Sr. Credit Administrator
Brook Moore has joined First Reliance Bank as a Senior Vice President and Sr. Credit Administrator. In his new role, Moore will be responsible for providing support, direction, analysis, credit…
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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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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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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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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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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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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…
Read MorePosted 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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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…
Read MorePosted 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 &…
Read MorePosted 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…
Read MorePosted 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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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…
Read MorePosted 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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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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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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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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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…
Read MorePosted 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…
Read MorePosted 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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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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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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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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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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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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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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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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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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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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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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
