South Carolina Federal announces 2020 scholarship winners
April 29, 2020
South Carolina Federal Credit Union announced the winners of its 2020 scholarship program. After receiving more than 1,000 applications from college-bound students in South Carolina, the credit union has selected…
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South State commits $600,000 to COVID-19 relief
April 29, 2020
Offers Support for Communities and Small Businesses through SBA Paycheck Protection Program COLUMBIA, SC – South State Bank announced that it will donate $600,000 to the South State Emergency Relief…
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Southern First reports results for first quarter 2020
April 28, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three-month period ended March 31, 2020. “As we find ourselves in the…
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United Community Bank resumes accepting applications for the Payroll Protection Program (PPP)
April 22, 2020
In anticipation of additional funding for the Payroll Protection Program (PPP) under the CARES Act, United Community Bank will resume accepting applications for small businesses interested in participating in the…
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South Atlantic Bancshares, Inc. reports earnings of 17 cents per diluted common share for the quarter ended March 31, 2020
April 22, 2020MYRTLE BEACH, S.C. – South Atlantic Bancshares, Inc., parent of South Atlantic Bank, reported net income of $1.3 million, or $0.17 per diluted share, for the quarter ended March 31, 2020, compared to $1.3…
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Edward Jones to open two new Charleston locations
April 20, 2020
NAI Charleston announced that Will Sherrod, CCIM represented Edward Jones in two new branch locations in the Charleston area. One location will be at 1405 Ben Sawyer Boulevard in Mt.…
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United Community Bank reserves $960 million for small business customers
April 17, 2020
United Community Bank announced it has successfully processed 6,918 applications through the Paycheck Protection Program (PPP) under the CARES Act, reserving more than $960 million for small business applicants. As…
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Wells Fargo donates $100,000 to South Carolina’s COVID-19 Response
April 16, 2020
Wells Fargo Foundation made a $100,000 donation to the One SC Fund: COVID-19 Response to support the community response to COVID-19 in South Carolina. The funding will help support food,…
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USDA opens second application window for Distance Learning and Telemedicine grant program funding
April 15, 2020
U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Bette Brand today announced that USDA has opened a second application window for funding under the Distance Learning and Telemedicine (DLT)…
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Treasurer Curtis Loftis reminds Future Scholar 529 participants of need to reinvest recent college refunds
April 13, 2020
New IRS Guidance Provides Extended Relief due to COVID-19 State Treasurer Curtis Loftis announced that participants in Future Scholar, South Carolina’s 529 College Savings Plan, now have until July 15,…
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SBA offers disaster assistance to businesses and residents of South Carolina effected by severe storms and tornadoes
April 13, 2020
South Carolina businesses and residents affected by severe storms and tornadoes on Feb. 6 – 7, 2020 can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator…
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Helping your Child Purchase a Business
April 8, 2020
By Eddie W. Kramer, CFP®, EA Highly driven children often have a desire to own their own business, especially when they have grown up in a family of successful business…
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United Community Bank prepared to assist small business customers obtain relief through Federal CARES Act
April 1, 2020
United Community Bank has announced its plans to support communities and help small businesses obtain funding relief through the Paycheck Protection Program under the federal CARES Act. As one of…
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Aging and Eldercare – What’s Your Plan?
March 27, 2020
By Molly Thomas FPQP® at Abacus Planning Group Benjamin Franklin wisely said, “When you fail to plan you are planning to fail”. Many of us and most of our parents…
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McDonnell and Associates PA proudly introduces “McDonnell Sonic Signings”
March 26, 2020
McDonnell and Associates has proudly introduced the implementation of “McDonnell’s Sonic Signings”, providing a “drive thru” closing experience and safe alternative to in-office closings for the borrower, the attorney, and…
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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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