3 Ways Identity Thieves Steal Your Tax Refund and How to Prevent It
February 22, 2019By South Carolina Treasurer Curtis Loftis That time of year has come: Tax season. While you may have just started preparing your tax returns, identity thieves have been gearing…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
3 Ways Identity Thieves Steal Your Tax Refund and How to Prevent It
February 22, 2019
By South Carolina Treasurer Curtis Loftis That time of year has come: Tax season. While you may have just started preparing your tax returns, identity thieves have been gearing…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
SCRA & SC Launch celebrate $1 billion in follow-on funding for SC-based companies
February 21, 2019
SCRA, a public, non-profit corporation that fuels South Carolina’s innovation economy, celebrated a milestone of $1 billion of follow-on capital secured by Client Companies in the SC Launch Program. SC Launch, SCRA’s…
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SCRA announces seven new Client Companies
February 19, 2019
SCRA announced the recent acceptance of seven Client Companies into its entrepreneurial program, SC Launch. Client Companies receive mentoring and support services and may also be eligible for funding. Coastal…
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State Treasurer Curtis Loftis announces promotion of Richards H. Green as new Commissioner of Banking
February 11, 2019
South Carolina Treasurer Curtis Loftis, Chairman of the State Board of Financial Institutions, announced that Richards H. Green has been promoted to serve as the next Commissioner of Banking for…
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Charleston, Greenville land investment banking firm
February 8, 2019
Global finance executives launch Charles Towne Holdings Armed with nearly a century of Wall Street and global markets experience, a collection of Charleston deal makers has partnered to create Charles Towne…
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United Community Banks, Inc. announces quarterly cash dividend
February 8, 2019
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved a quarterly cash dividend of $0.16 per common share. The dividend is payable April 5, 2019…
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BB&T and SunTrust to combine in merger of equals
February 7, 2019
Combination of two franchises creates sixth-largest U.S. bank holding company with 275 years of combined history and culture serving clients and communities in high-growth markets Estimated net cost synergies of…
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CresCom Bank introduces Matt Smith as Information Technology Manager
February 6, 2019
CresCom Bank, the second largest community bank in North and South Carolina, is pleased to welcome Matt Smith as Information Technology (IT) Manager based in the Operations Center of the West…
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CresCom Bank welcomes Thomas DiDonato as Mortgage Loan Originator in Charleston, SC
February 6, 2019
CresCom Bank,the second largest community bank in North and South Carolina, is pleased to welcome Thomas DiDonato as a new Mortgage Loan Originator at the West Ashley branch in Charleston,…
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CresCom Bank promotes Heather DuCharme to Mortgage Loan Originator in Little River, SC
February 5, 2019
CresCom Bank,the second largest community bank in North and South Carolina, is pleased to promote Heather DuCharme as a new Mortgage Loan Originator at the Little River branch in South…
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United Community Bank named to Forbes List of America’s Best 100 Banks
January 30, 2019United Community Banks, Inc. (NASDAQ: UCBI) (“United”) was recently recognized as one of America’s best performing banks by Forbes magazine for the sixth consecutive year. “America’s Best Banks 2019,” an…
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United Community Bank named to Forbes List of America’s Best 100 Banks
January 30, 2019
United Community Banks, Inc. (NASDAQ: UCBI) (“United”) was recently recognized as one of America’s best performing banks by Forbes magazine for the sixth consecutive year. “America’s Best Banks 2019,” an…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Waccamaw Community Foundation receives grant for hurricane disaster recovery from Bank of America
January 28, 2019The Waccamaw Community Foundation as part of the Hurricane Florence Relief Effort benefitting Horry County received a $100,000 grant from the Bank of America Foundation to support the on-going recovery…
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Southern First reports results for 2018
January 22, 2019Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.8 million, or $0.75 per diluted share, for the…
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Southern First reports results for 2018
January 22, 2019
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.8 million, or $0.75 per diluted share, for the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
GrandSouth Bancorporation reports fourth quarter 2018 earnings of $1.8 million
January 21, 2019
GrandSouth Bancorporation, the holding company for GrandSouth Bank, reported fourth quarter growth in total assets of $35.9 million, or 4.85%, bringing total assets to $776.2 million as of December 31, 2018. The asset growth…
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CresCom Bank introduces Robin Lyle as Charlotte Market Leader
January 21, 2019
CresCom Bank, the second largest community bank in North and South Carolina, announced its planned expansion into the Charlotte, North Carolina market. With this development, CresCom Bank welcomed Robin Lyle as…
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First Citizens Bank, First South Bancorp, Inc. announce merger agreement
January 10, 2019
First-Citizens Bank & Trust Company (known as First Citizens Bank) and First South Bancorp, Inc. announced the signing of a definitive merger agreement. The agreement provides for the acquisition of…
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Ted Honney joins United Community Mortgage Services in Mt. Pleasant
January 10, 2019United Community Mortgage Services is pleased to welcome Ted Honney as a Mortgage Loan Officer. Honney has over 25 years of professional banking experience, 15 of which have been spent…
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Ted Honney joins United Community Mortgage Services in Mt. Pleasant
January 10, 2019
United Community Mortgage Services is pleased to welcome Ted Honney as a Mortgage Loan Officer. Honney has over 25 years of professional banking experience, 15 of which have been spent…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
First Horizon releases inaugural Corporate Social Responsibility Report
December 17, 2018First Horizon National Corp. today released its inaugural Corporate Social Responsibility (CSR) Report, which highlights the company’s impact and outlines its commitment to its communities, employees, and customers. The report,…
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Mutual of Omaha hires Tim Goldman as their new Sales Director
December 17, 2018
Mutual of Omaha hires Tim Goldman as their new Sales Director for the South Carolina, based out of the Columbia District Office. As a Sales Director, he is looking to…
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First Horizon releases inaugural Corporate Social Responsibility Report
December 17, 2018First Horizon National Corp. today released its inaugural Corporate Social Responsibility (CSR) Report, which highlights the company’s impact and outlines its commitment to its communities, employees, and customers. The report,…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Anna Locke joins Southern First Bank board of directors
December 11, 2018
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, is pleased to announce that Anna T. Locke has joined the company and bank as Director. Locke is president…
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SimpliPhy receives SC Launch, Inc. investment
December 11, 2018
Greenville-based SimpliPhy, Inc. recently received a $200,000 SC Launch, Inc. investment. This is the first investment for the company that was accepted into SCRA’s entrepreneurial program, SC Launch, in early…
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Carolina Financial Corporation announces stock repurchase plan
December 4, 2018
Carolina Financial Corporation announced that the Company’s Board of Directors has approved a plan to repurchase up to $25,000,000 in shares of the Company’s common stock, par value $0.01 per…
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Charleston Metro Chamber awarded grant from Bank of America
December 3, 2018Charleston Metro Chamber’s Lead CHS Foundation has been awarded a $25,000 grant from Bank of America in support of Career Academies – career-themed schools within high schools, in which the learning environment reflects the atmosphere and…
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The Capital Corporation advises ImageQuix, Inc. on its sale to ASG
November 30, 2018Transaction: The Capital Corporation is pleased to announce the sale of ImageQuix, Inc (headquartered in Greenville, South Carolina) to Alpine SG, LLC (“ASG”, headquartered in Walnut Creek, California). ImageQuix is…
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The Capital Corporation advises ImageQuix, Inc. on its sale to ASG
November 30, 2018
Transaction: The Capital Corporation is pleased to announce the sale of ImageQuix, Inc (headquartered in Greenville, South Carolina) to Alpine SG, LLC (“ASG”, headquartered in Walnut Creek, California). ImageQuix is…
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GrandSouth Bancorporation completes private placement of $10 million of subordinated notes
November 25, 2018
GrandSouth Bancorporation, the holding company for GrandSouth Bank, completed a private issuance of 6.50% Fixed-to-Floating Subordinated Term Notes, in the principal amount of $10 million. Unless prepaid earlier, the notes mature…
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Palmetto Heritage Shareholders approve proposed merger with First Citizens Bank
October 30, 2018First-Citizens Bank & Trust Company (First Citizens Bank) and Palmetto Heritage Bancshares, Inc. (Palmetto Heritage) announced that Palmetto Heritage shareholders have approved First Citizens’ pending acquisition of Palmetto Heritage and…
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United Community Advisory Services’ Melissa Ekeberg named to National LPL Advisor Council
October 30, 2018United Community Advisory Services announced that Melissa Ekeberg has been named by LPL Financial (LPL) as a new member of the LPL Advisor Council. Ekeberg has worked for United Community…
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United Community Advisory Services’ Melissa Ekeberg named to National LPL Advisor Council
October 30, 2018
United Community Advisory Services announced that Melissa Ekeberg has been named by LPL Financial (LPL) as a new member of the LPL Advisor Council. Ekeberg has worked for United Community…
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Capital Bank promotes Landon Davis to Business Banking Relationship Manager
October 29, 2018Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Landon Davis has been promoted to business banking relationship manager, vice president. Davis will focus on…
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Bank of America invests over $420,000 to support long-term workforce development in South Carolina
October 29, 2018
Funding provides access to workforce development and apprenticeship programs Bank of America announced $421,000 in funding in workforce development programs across the state at the South Carolina Chamber of Commerce’s…
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Capital Bank promotes Landon Davis to Business Banking Relationship Manager
October 29, 2018
Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Landon Davis has been promoted to business banking relationship manager, vice president. Davis will focus on…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Jon Presley strengthens United Community Bank team in Summerville
October 24, 2018
United Community Bank welcomed Jon Presley as Vice President, Commercial Relationship Manager to its Summerville location. In this role, Presley will focus on cultivating full-service banking relationships with new and…
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Jon Presley strengthens United Community Bank team in Summerville
October 23, 2018United Community Bank welcomed Jon Presley as Vice President, Commercial Relationship Manager to its Summerville location. In this role, Presley will focus on cultivating full-service banking relationships with new and…
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VentureSouth on pace for another record year
October 22, 2018
VentureSouth, one of the nation’s largest angel investment firms, is on a record-breaking pace for investments and returns in 2018. In September, the group announced its third exit of the year when OBMedical,…
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United Community Bank promotes Dixon Woodward to state leadership role
October 8, 2018United Community Bank announced Dixon Woodward has been promoted to State President for South Carolina and Coastal Georgia. Woodward has nearly two decades of banking experience, much of it in…
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United Community Bank promotes Dixon Woodward to state leadership role
October 8, 2018
United Community Bank announced Dixon Woodward has been promoted to State President for South Carolina and Coastal Georgia. Woodward has nearly two decades of banking experience, much of it in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
TD contributes additional $150,000 to expand support of Hurricane Florence disaster recovery efforts
October 1, 2018
Financial Commitment to Carolinas Totals $250,000 The TD Charitable Foundation, the charitable giving arm of TD Bank, today announced that TD is donating an additional $150,000 to support relief efforts…
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United Community Banks, Inc. President of Community Banking to retire
September 27, 2018United Community Banks, Inc. announced today that President of Community Banking Bill Gilbert will retire effective February 2019, after 18 years with United and 42 years in banking. Gilbert joined…
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United Community Banks, Inc. President of Community Banking to retire
September 27, 2018
United Community Banks, Inc. announced today that President of Community Banking Bill Gilbert will retire effective February 2019, after 18 years with United and 42 years in banking. Gilbert joined…
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South Carolina Community Loan Fund announces executive leadership transition
September 26, 2018
South Carolina Community Loan Fund (SCCLF) Board Chair, Jim Haley, announced that Michelle Mapp will step down as Chief Executive Officer at the end of this year. Michelle is making…
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TD donates $100,000 to Hurricane Florence disaster relief efforts
September 18, 2018
Funding directed to American Red Cross in Cape Fear and Eastern South Carolina The TD Charitable Foundation, the charitable giving arm of TD Bank announced that TD is donating $100,000…
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SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
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SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018
SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
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Windley joins S.C. Board of Financial Institutions
September 6, 2018
Longtime South Carolina banker John Windley began a four-year term on the South Carolina Board of Financial Institutions Sept. 5. Windley, president of Columbia-headquartered South State Bank, has spent 43…
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