South Carolina Federal Credit Union adjusting operational services
March 18, 2020
In the interest of employee and member health, South Carolina Federal Credit Union will limit member service to its drive-thru lanes beginning Thursday, March 19. Effective March 19, financial center…
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Frank Bullard joins First Reliance Bank as President, Charleston Market
March 17, 2020
Frank Bullard has joined First Reliance Bank as Market President for Charleston, SC. Bullard is responsible for the strategic market expansion of First Reliance Bank’s footprint in the Charleston market, and…
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Modern Capital announces acquisition of Western Equity Group
March 17, 2020
CHARLESTON, SC – Modern Capital, a diversified financial services firm, announced that it has entered into a definitive agreement to acquire Western Equity Group, Inc., an SEC Registered and FINRA…
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United Community Banks, Inc. and Three Shores Bancorporation, Inc., the parent of Seaside National Bank & Trust, announce merger agreement
March 10, 2020
United Community Banks, Inc. and Three Shores Bancorporation, Inc. announced a definitive agreement for UCBI to acquire Three Shores, including its wholly-owned subsidiary, Seaside National Bank & Trust. Headquartered in…
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SAFE Federal Credit Union announces Financing Relief Program for First Time Homebuyers
March 9, 2020
With many South Carolina families priced out of today’s housing market, SAFE Federal Credit Union has introduced their First Time Home Buyer Plus Program that allows qualifying members to purchase…
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The Ultimate Gift: A Road Map for Funeral Wishes
March 9, 2020
By Laird W. Green CFP® from Abacus Planning Group “Facing death with a sense of practicality, equanimity, and clarity is the ultimate gift you can leave your children, friends, and…
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South State Bank and CenterState Bank select core provider
March 6, 2020
COLUMBIA, SC & WINTER HAVEN, FL – South State Corporation and CenterState Bank Corporation announced that as part of the integration efforts related to the pending merger, the companies have…
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South Carolina Federal merges with Health Facilities Federal Credit Union
March 4, 2020
South Carolina Federal Credit Union officially announced the acquisition of Health Facilities Federal Credit Union in Florence after a member-approved merger in November. South Carolina Federal now boasts 22 locations…
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United Community Banks, Inc. appoints Melinda Davis Lux as General Counsel
March 3, 2020
United Community Bank announced that Melinda Davis Lux has joined the company’s executive leadership team as Executive Vice President, General Counsel and Corporate Secretary. Davis Lux will serve as a…
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A Roadmap to Your Savings Journey
February 24, 2020
By Curtis Loftis South Carolina State Treasurer Saving money can be like driving a car. Your desired destination may be near or far, the direction you choose might change,…
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Northwestern Mutual – Charleston wealth management advisor earns Wealth Management Certified Professional® designation
February 19, 2020
Heath Johnson, WMCP®, a wealth management advisor with Northwestern Mutual – Charleston, a leading financial services company, has earned the Wealth Management Certified Professional (WMCP®) designation from The American College…
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United Community Bank Ranks in Top 25 on Forbes List of America’s Best 100 Banks
February 5, 2020
United Community Banks, Inc. was recently recognized as one of America’s best banks by Forbes magazine for the seventh consecutive year. “America’s Best Banks 2020,” an article written by Antoine…
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South Carolina Federal selects My Sister’s House as 2020 Charity of Choice
February 2, 2020
My Sister’s House was selected as the 2020 charity of choice for the South Carolina Federal Foundation. The Foundation serves eight non-profits with one rotating, employee nominated non-profit being selected…
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Southern First reports 2019 financial results
January 28, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three-month period and year ended December 31, 2019. 2019 Fourth Quarter Highlights…
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United Community Bank strengthens community banking operations with addition of Keri Wise
January 28, 2020
United Community Bank has announced the addition of Keri Wise as Head of Retail Sales as part of their community banking leadership team. In this newly created role, Wise will…
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South Carolina Federal hosts retirement workshops through CFS*
January 27, 2020
South Carolina Federal Credit Union will host seven complimentary workshops on retirement basics, presented by CUSO Financial Services, L.P. (CFS)*, beginning on February 10. In the workshops, CFS* investment advisors…
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South State and CenterState to combine in merger of equals to create leading southeast regional bank
January 27, 2020
Merger Creates the 8th Largest Bank Headquartered in the Southeast WINTER HAVEN, FL & COLUMBIA, SC – CenterState Bank Corporation, the parent company of CenterState Bank, and South State Corporation,…
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United Community Banks, Inc. reports fourth quarter results
January 22, 2020
United Community Banks, Inc. announced its fourth quarter financial results, including strong year-over-year loan and deposit growth, operating efficiency and asset quality. Diluted earnings per share were $0.61, an increase…
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CresCom Bank welcomes Doug Arseneau as Mortgage Loan Originator
January 21, 2020
CresCom Bank, the second largest community bank in North and South Carolina, is pleased to welcome Doug Arseneau as a Mortgage Loan Originator in the Eastern South Carolina market. Based out…
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South Carolina Federal names new Chief Operating Officer and Senior VP of Lending
January 16, 2020
South Carolina Federal Credit Union has named a new Chief Operating Officer and added an employee to its senior management team. Trey Gantt has been promoted to Chief Operations Officer,…
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First Reliance Bank to concentrate resources on Mount Pleasant branch as sole location for the Charleston market
January 16, 2020
In concert with a banking industry trend to concentrate resources on its strongest branch locations, First Reliance Bank has announced that effective May of 2020, it will service the Charleston…
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SAFE Federal Credit Union gives $1.3 Million back to members
January 13, 2020
Members of SAFE Federal Credit Union received annual bonus dividends and interest rebates on December 31 totaling approximately $1.3 million. The payments were based on members’ account usage. Deposit accounts, including certificates, received…
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Robert Dozier joins First Reliance Bank as Chief Banking Officer
January 7, 2020
Robert Dozier has joined First Reliance Bank as Chief Banking Officer. Dozier is responsible for corporate strategy and the strategic market expansion of First Reliance Bank’s footprint throughout the Carolinas.…
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State Treasurer Curtis Loftis announces new statewide Financial Literacy initiative
January 6, 2020
Goal is to energize and increase number of South Carolina teachers offering personal finance education in their classrooms South Carolina Treasurer Curtis Loftis today announced the launch of the South…
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State Treasurer Curtis Loftis announces Moody’s has affirmed the State’s Aaa credit rating
December 18, 2019
State Treasurer Curtis Loftis announced that Moody’s Investment Services has affirmed South Carolina’s Aaa credit rating. Further the outlook for the state’s rating was deemed stable, given the expectation that…
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South Carolina Federal hires new CFS* investment advisor
December 16, 2019
South Carolina Federal Credit Union has added a new advisor to Investment Solutions, through CUSO Financial Services, L.P. (CFS)*. Michael Dart joins Investment Solutions through CFS* with five years of…
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SC Community Loan Fund earns $500,000 grant from Wells Fargo to spark small business growth
December 13, 2019
Wells Fargo announced a new boost to diverse small businesses in South Carolina with a $500,000 grant to South Carolina Community Loan Fund (SCCLF), focusing on helping small-business owners with…
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WomenInc. Magazine recognizes UCBI Board Members on 2019 Most Influential Corporate Directors list
December 13, 2019
United Community Banks, Inc. announced two members of its Board of Directors – Jennifer Mann and Cathy Cox – were named to WomenInc. Magazine’s 2019 list of Most Influential Corporate…
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COO Kevin Blair appointed Synovus president
December 12, 2019
Synovus Financial Corp. announced Kevin Blair as president, effectively immediately. He will continue in his role as chief operating officer (COO), reporting directly to Synovus Chairman and CEO Kessel Stelling.…
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TD Bank ranks no. 1 in SBA lending in its Maine-to-Florida footprint
December 12, 2019
TD Bank helped more than 2,900 businesses grow in 2019 through its U.S. Small Business Administration (SBA) lending program. TD Bank ranked No.1 for the third consecutive year in total…
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South Carolina Federal wins a Glassdoor Best Places to Work Award
December 11, 2019
South Carolina Federal Credit Union has been honored with a Glassdoor Employees’ Choice Award, which recognizes the Best Places to Work in 2020 in the U.S. small and medium sized…
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South Carolina Federal to merge with Health Facilities Federal Credit Union
December 9, 2019
South Carolina Federal Credit Union announced an upcoming merger with Health Facilities Federal Credit Union, after an affirmative membership vote held November 21, 2019. South Carolina Federal, at nearly $2…
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Bank of South Carolina opens North Charleston office
November 10, 2019
The Bank of South Carolina Corporation, holding company of the Bank of South Carolina, opened a new banking office at 9403 Highway 78 in North Charleston, South Carolina. The office…
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United Community Bank launches new website
November 7, 2019
As part of its ongoing effort to provide a high level of service to all customers, United Community Bank is proud to announce the launch of its new website. Still…
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2019 official SC Top 25 Fastest Growing Companies
October 23, 2019
South Carolina’s Fastest Growing Companies competition is the annual ranking of the Palmetto State’s 25 most dynamic and successful companies. This event is presented by The Capital Corporation and co-sponsored…
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United Community Banks, Inc. reports Third Quarter Results
October 23, 2019
United Community Banks, Inc. reported strong third quarter financial results, including solid year-over-year loan and deposit growth, record operating efficiency and strong asset quality. Diluted earnings per share were $0.60,…
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Southern First reports results for third quarter 2019
October 22, 2019
Southern First Bancshares, Inc., holding company for Southern First Bank, today announced its financial results for the three- and nine-month periods ended September 30, 2019. 2019 Third Quarter Highlights •…
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South Atlantic Bank reports third quarter earnings
October 17, 2019
South Atlantic Bancshares, Inc., parent of South Atlantic Bank, reported net income of $4.8 million, or $0.63 per diluted share, for the nine months ended September 30, 2019, compared to…
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VentureSouth closes Angel Fund III at record pace
October 8, 2019
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…
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Southern First named a top performing bank by Sandler O’Neill
October 4, 2019
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,…
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South Carolina Federal named one of the Best Credit Unions to Work For
October 3, 2019
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,…
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Southern First named a top performing bank by Sandler O’Neill
October 2, 2019
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,…
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Beth Hallock named President SBA at United Community Bank
September 30, 2019
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…
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Wells Fargo Home Mortgage names J. Benjamin Black Home Mortgage Consultant for Charleston
September 27, 2019
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…
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Dita Brown joins Beacon Community Bank as Vice President, Commercial Banker
September 23, 2019
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…
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South Carolina Business Awards announces the recipients for the SC Economic Impact Award and the SC Excellence in Business Awards
September 16, 2019
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…
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South Carolina Federal adds two executives to senior management team
September 12, 2019
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…
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Wade Pfau, renowned retirement income expert, to speak at the FPA of South Carolina annual symposium
September 6, 2019
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…
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South Carolina Federal Credit Union hours of operation for Hurricane Dorian
September 2, 2019
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…
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United Community Bank named one of the Best Banks to Work For in United States
August 30, 2019
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…
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