United Community Bank rank earns top honors from Forbes
February 16, 2021
United Community Bank has recently been recognized on two prestigious lists by Forbes magazine. For the eighth consecutive year, the bank was named to Forbes list of America’s Best 100…
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SCRA announces investment in drone-related startup, UASidekick
February 16, 2021South Carolina Research Authority (SCRA) announces its affiliate, SC Launch, Inc.’s, investment of $200,000 in UASidekick, Inc., a Greenville-based drone software company. UASidekick became an SC Launch Member Company in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, hi-tech-information-tech, on-the-move
A Conversation with Dominik Mjartan, Optus Bank
February 15, 2021
Optus Bank was founded 100 years ago by visionary African American leaders who established Victory Savings and Loan to provide access to capital to individuals and business excluded from the…
Read MorePosted in: midlandsbiz Category: banking-and-finance, podcast
Wells Fargo invests in six Black-owned banks, including Optus in Columbia
February 10, 2021
Wells Fargo recently announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned…
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VentureSouth invests over $9 million in 26 Southeast companies in 2020
February 8, 2021
Despite the myriad challenges brought on by a global pandemic, VentureSouth announced another strong year of investment activity for 2020, with a total of $9.2 million invested in 26 early…
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United Community Bank expanding, announcing corporate headquarters in Greenville County, SC
February 3, 2021
United Community Bank, a retail and commercial bank and one of the largest full-service financial institutions in the Southeast, today announced plans to locate its corporate headquarters in Greenville County,…
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South Carolina Planned Giving Council welcomes three new board members
February 1, 2021
The South Carolina Planned Giving Council recently announced the addition of three new board members as well as a new slate of officers. Michelle Hardy, Benita Hopkins and Daniel Prohaska…
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First Community Bank’s Jeff P. Spears appointed to the University of South Carolina Board of Visitors
February 1, 2021
First Community Bank senior vice president and regional market president in Augusta, GA, Jeff P. Spears, has been appointed to serve as the second judicial district representative to the University…
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State Treasurer Curtis Loftis recognizes Tammi Campbell of Airport High School as Educator of the Month
January 29, 2021
South Carolina Treasurer Curtis Loftis has recognized Airport High School’s Tammi Campbell as the South Carolina Financial Literacy Master Teacher Program’s Educator of the Month for January. “Thanks to her efforts, Ms.…
Read MorePosted in: midlandsbiz Category: banking-and-finance, education, government, on-the-move
Creating a Budget: Empowerment Over Constraint
January 29, 2021
By Anne Marie E. Ashworth, CFP® For many, budgeting has a lot of negative connotations. Tracking where money comes from and where it goes leaves some feeling frustrated and guilty.…
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Southern First reports 2020 financial results
January 26, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for three-month period and year ended December 31, 2020. “While 2020 was a…
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United Community Bank strengthens commercial lending leadership
January 25, 2021
United Community Bank announced a new leader for its growing Middle Market and Asset Based Lending divisions. Experienced banker John Thompson has been named Middle Market and Asset Based Lending…
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State Treasurer Curtis Loftis announces SC maintains high credit ratings, despite COVID-19 pandemic and its economic impacts
January 22, 2021
State Treasurer Curtis Loftis announced that South Carolina continues to maintain high bond ratings with the three major credit rating agencies. In preparation for a January bond issuance, Moody’s Investors…
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Financial Planning Association of South Carolina announces new Board Member
January 20, 2021
The Financial Planning Association of South Carolina announced that William Hardaway, III, CPA, PFS, CFP has joined the Board of Directors. Hardaway is from Florence and has been employed with…
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Southern First Bank expands to Charlotte market Doug Smith, Tiffani Tedder, & Ashley Gibson to provide leadership
January 15, 2021Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Charlotte, NC. The Bank intends to establish a full-service retail office upon regulatory approval.…
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Glassdoor names South Carolina Federal a Best Place to Work in 2021
January 14, 2021
South Carolina Federal Credit Union has once again been recognized as one of the Best Places to Work in 2021 by Glassdoor. South Carolina Federal ranked No. 30 in the…
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Hobbs Group Advisors, LLC’s Thomas Manly receives CERTIFIED FINANCIAL PLANNER™ certification
January 13, 2021
Thomas Manly, CFP®, of Hobbs Group Advisors, LLC, in Columbia, South Carolina has been authorized by the Certified Financial Planner Board of Standards (CFP Board) to use the CERTIFIED FINANCIAL…
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VentureSouth portfolio company to go public
January 13, 2021
VentureSouth announced that its portfolio company Proterra, a leading commercial electric vehicle technology company with manufacturing operations in South Carolina, will become publicly listed through a merger with special purpose…
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AllSouth Federal Credit Union now serves Orangeburg County
January 12, 2021
AllSouth Federal Credit Union announced the expansion of their field of membership to include Orangeburg County. AllSouth now proudly serves nine counties in the Midlands area to include Calhoun, Fairfield,…
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The Capital Corporation advises Forensic Engineering Technologies, LLC on its partnership with J.S. Held
January 11, 2021
Greenville, South Carolina January 8, 2021 Transaction: The Capital Corporation announced that Forensic Engineering Technologies, LLC (“FET”, headquartered in Orlando, Florida) has partnered with J.S. Held LLC (“J.S. Held”,…
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South Carolina Federal now accepting applications for $45,000 in scholarships
January 7, 2021
South Carolina Federal Credit Union is now accepting applications for its 11th annual scholarship program. The credit union will award $45,000 to nine students attending a traditional or technical college…
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Countybank Foundation donates $25,000 to Boys & Girls Clubs of the Lakelands Region
December 17, 2020Countybank and Greenwood Capital recently donated $25,000 to the Boys & Girls Clubs of the Lakelands Region. The donation will go toward a capital campaign to support the renovation of…
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Chetwood joins First Citizens Bank as Manager of Commercial Banking in Columbia, S.C.
December 16, 2020
Holt Chetwood has joined First Citizens Bank as manager of commercial banking for the Columbia, S.C., market. He leads First Citizens’ commercial banking team in the area and is responsible…
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Resource Financial approved as Freddie Mac mortgage lender
December 16, 2020
Resource Financial Services, South Carolina’s largest privately owned mortgage bank, has been approved by Federal Home Loan Mortgage Corporation (Freddie Mac) as a Conventional Mortgage lender. This distinction allows the…
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Synovus
December 15, 2020
Synovus is a financial services company with approximately $53 billion in assets. The company provides commercial and retail banking services, including private banking, mortgage services, treasury management, wealth management, premium…
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John Griggs expands Synovus leadership responsibilities to the Grand Strand
December 15, 2020
Synovus today announced that John Griggs will have responsibilities for the bank’s offices in the Grand Strand. Griggs has served as South Carolina Central Region market executive since January 2019,…
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Wells Fargo surprises Harvest Hope with $50,000 donation this holiday season
December 9, 2020Wells Fargo’s Region Bank President Justin Hawkins recently surprised Barry Phillips, Harvest Hope Food Bank’s director of operations, with a $50,000 donation as part of Wells Fargo’s “Many hearts. One…
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United Community Bank welcomes Jay Rajaee as Chief Security Officer
December 7, 2020
United Community Bank welcomed Jay Rajaee as Chief Security Officer, a crucial role within the organization focusing on all aspects of information security and risk management. Rajaee has more than…
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Resource Financial Services
December 1, 2020
Resource Financial Services was established in 2008 as a retail mortgage lender serving borrowers across the Southeast. The company is licensed in 12 states including Alabama, California, Connecticut, Florida, Georgia,…
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Resource Financial Services listed among top workplaces
December 1, 2020
Resource Financial Services, South Carolina’s largest privately owned mortgage banker, has been named to Mortgage Professional America’s list of top workplaces for 2020. Resource Financial earned overall honors for companies…
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Bank of America names Senior Resources as a Neighborhood Champion and awards $50,000 in grant support
November 25, 2020Bank of America has named Senior Resources a Neighborhood Champion, in recognition of our work to advance economic mobility in Columbia. This recognition includes $50,000 in grant funding and virtual…
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First Palmetto Bank
November 20, 2020
First Palmetto Bank is one of the oldest and largest locally owned full-service financial institutions headquartered in South Carolina. Through twenty-three branch locations across the state, the Bank offers a…
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First Reliance Bank expands financial leadership team
November 18, 2020
First Reliance Bank has hired Robert Haile as Chief Financial Officer (CFO), Elizabeth Bunn as Treasurer, and elevated Jeff Paolucci into the role of Chief Risk Officer (CRO). These changes begin the first phase of…
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WI Fidelis 4-star Morningstar rating continues
November 18, 2020
Wallick Investments, LLC’s Fidelis composite received a 4-star Morningstar Rating™ among 447 Large-Cap Value products for 3-year, 5-year and Overall risk-adjusted performance as of September 30, 2020. Morningstar® is a…
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First Palmetto named South Carolina’s Best Small Bank
November 18, 2020
Newsweek magazine recently named First Palmetto Bank as South Carolina’s Best Small Bank (2021) in its inaugural ranking of America’s Best Banks. Small banks were defined as those with less…
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AllSouth Federal Credit Union hosts Food Drive for Harvest Hope
November 17, 2020
Food insecurity has increased significantly in our community over the past few months during the pandemic. To help meet this growing need, AllSouth Federal Credit Union donated $5,000 to benefit…
Read MorePosted in: midlandsbiz Category: banking-and-finance, food, marketing-and-communications, non-profit, on-the-move, philanthropy
McDonnell and Associates PA voted “Best Law Firm” by The State
November 10, 2020
McDonnell and Associates PA was announced the winner of The State’s following categories: Best Law Firm Best Estate Planning Law Firm Best Family Law Firm McDonnell and Associates, P.A., founded…
Read MorePosted in: midlandsbiz Category: banking-and-finance, business-services, construction, law, on-the-move, residential-real-estate
State Treasurer Curtis Loftis reminds families about perfect one-size-fits-all gift this holiday season
November 9, 2020
Future Scholar contributions enhance college savings, provide tax benefits State Treasurer Curtis Loftis wants to remind South Carolina families about the perfect one-size-fits-all gift suggestion this holiday season – a…
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West Columbia receives Certificate of Achievement for Excellence in Financial Reporting for the 29th year
November 2, 2020
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the City of West Columbia by the Government Finance Officers Association of the United States and Canada…
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Berkshire Hathaway Energy completes acquisition of majority of Dominion Energy’s gas transmission and storage business
November 2, 2020
DES MOINES, Iowa – Berkshire Hathaway Energy announced it has completed the purchase of Dominion Energy’s natural gas transmission and storage business, exclusive of Questar Pipeline Group. The transaction consideration…
Read MorePosted in: midlandsbiz Category: banking-and-finance, economic-development, energy, engineering, on-the-move, utilities
Beneficiary Designations: Why your Will and Trusts Aren’t Enough
October 29, 2020
By Anne Marie E. Ashworth, CFP® When developing a comprehensive estate plan, it is critical to understand which, if any, of your assets have (or could have) a beneficiary designated.…
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VentureSouth recognized as a Top 10 angel group in North America
October 28, 2020
VentureSouth announced that it has been recognized as one of the top 10 angel investment groups in North America for the 3rd time. The ranking comes from the Angel Capital…
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Southern First reports results for third quarter 2020
October 27, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three- and nine-month period ended September 30, 2020. “I am proud…
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United Community Banks, Inc. reports third quarter results
October 21, 2020United Community Banks, Inc. reported third quarter financial results, including solid year-over-year loan and deposit growth and record operating efficiency. United delivered net income of $47.6 million and pre-tax pre-provision…
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First Community Corporation announces third quarter results and cash dividend
October 21, 2020First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the third quarter of 2020 of $2.652 million as compared to $2.898 million in the third quarter of…
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County of Lexington awarded Certificate of Achievement for Excellence in Financial Reporting
October 13, 2020
The County of Lexington’s Financial Department has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada…
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United Community Bank welcomes Brian Goff as Director of Portfolio Management
September 28, 2020
United Community Bank announced the addition of Brian Goff as Director of Portfolio Management. In this new role, Goff will be responsible for the management and oversight of the bank’s…
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TD Bank selects local nonprofit MIRCI as the recipient of TD Bank Touchdowns Program
September 21, 2020
This football season, TD Bank will partner with the University of South Carolina Gamecocks to help support, local nonprofit, MIRCI – Mental Illness Recovery Center Inc. The TD Bank Touchdowns…
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Tax tips and reminders for extension filers: returns due October 15
September 17, 2020
The South Carolina Department of Revenue (SCDOR) reminds taxpayers who filed for an extension that their Individual Income Tax returns are due October 15. Here are some tips and reminders…
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United Community Bank launches commercial real estate lending division in Florida
September 14, 2020
United Community Bank is expanding its commercial real estate (CRE) lending division in Florida with the announcement of Chris Willman as Senior Vice President, Commercial Real Estate Relationship Manager. In…
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