Mid-year earnings grow 313 percent at South Atlantic Bancshares, Inc.
July 24, 2019
South Atlantic Bancshares, Inc., parent of South Atlantic Bank, reported net income of $3.1 million, or $0.41 per diluted share, for the six months ended June 30, 2019, compared to…
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Southern First reports results for second quarter 2019
July 23, 2019
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three- and six-month periods ended June 30, 2019. 2019 Second Quarter Highlights…
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Financial Advisor
July 19, 2019
Looking to launch a new career as a financial advisor, our Financial Advisor Development Program will provide the training and resources to help you build your financial practice. We’re committed…
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CresCom Bank expands Commercial Lending Team with introduction of Clay Hughes
July 18, 2019
CresCom Bank, the second largest community bank in North and South Carolina, expands its Commercial Lending Team with the introduction of Clay Hughes as Senior Vice President and Homebuilder Finance and…
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South Carolina Federal named one of the Best Places to Work in South Carolina
July 15, 2019
South Carolina Federal Credit Union was named one of the Best Places to Workin South Carolina for the seventh time. This survey-and-awards program was designed to identify, recognize and honor…
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CresCom Bank expands its Retail Mortgage Team with the addition of Don Lucas
July 11, 2019
CresCom Bank, the second largest community bank in North and South Carolina, is pleased to introduce Don Lucas as Senior Vice President and Director of Mortgage Sales. As leader of the Retail Mortgage Team,…
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United Community Bank continues growth with Columbia expansion
July 8, 2019
United Community Bank has expanded its South Carolina presence with the recent addition of three well-known Columbia-based bankers to its growing team. Shannon Stephens, Austin McVay and Michael Glenn will…
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First National Bank appoints Regional Market Executive for South Carolina
July 2, 2019
First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced that it has hired Leonard “Len” L. Hutchison, III, as Regional Market Executive and President of the Bank’s…
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CresCom Bank welcomes Elizabeth Ramirez as assistant Vice President and Branch Manager
June 26, 2019
CresCom Bank, the second largest community bank in North and South Carolina, is pleased to introduce Elizabeth Ramirez to the CresCom Bank team as Assistant Vice President and Branch Manager. In…
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Revenue offers free webinar about business taxes July 10
June 25, 2019
Business owners in Washington have many responsibilities, including knowing which taxes they must report. To help reach more businesses statewide, the Washington State Department of Revenue (Revenue) will host a…
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South Carolina Federal begins construction on Cane Bay Financial Center
June 25, 2019
South Carolina Federal Credit Union has broken ground on construction of its newest financial center in the Cane Bay area of Berkeley County. Located at 1736 State Rd. in Summerville,…
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Wells Fargo promotes Thomas Anderson to lead commercial banking in South Carolina
June 24, 2019
Wells Fargo Commercial Banking announced that Thomas Anderson has been tapped to lead commercial banking operations for South Carolina where it has offices in Charleston, Columbia, and Greenville serving business…
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Coastal States Bank announces new website and redesigned brand
June 20, 2019
Coastal States Bank (“CSB”) unveiled a new website and redesigned brand. The new website (www.coastalstatesbank.com) features user-friendly navigation, enhanced functionality, personalized tools and resources, and a modern design that emphasizes…
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South Carolina Federal CEO Scott Woods named a Glassdoor top CEO in 2019
June 19, 2019
Scott Woods, South Carolina Federal President and CEO, has been selected by Glassdoor Employees’ Choice Award as one of the Top CEOs of 2019. Woods was ranked #5 out of 50 CEOs,…
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Upcoming Origin SC’s workshops in July 2019
June 18, 2019
FREE Workshops focusing on Homeownership, Credit, and Budgeting Begin believing in achieving your goals today! Origin SC offers workshops around the tri-county area of Charleston, SC. We also offer one-on-one appointments with…
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South Carolina federal hosting financial workshop for single income households
June 18, 2019
South Carolina Federal Credit Union is hosting a complimentary financial wellness workshop for single income households from 9 a.m. to 11 a.m. on Saturday, June 22. Attendees will learn money…
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CresCom Bank introduces Jill Whisonant as Vice President and Branch Manager
June 11, 2019
CresCom Bank welcomed Jill Whisonant as Vice President and Branch Manager of the Meeting Street branch in Charleston, South Carolina. In her new position at CresCom Bank, Whisonant will oversee…
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State Treasurer Curtis Loftis welcomes new members to S.C. Board of Financial Institutions
June 6, 2019
State Treasurer Curtis Loftis welcomed two new appointees to the South Carolina Board of Financial Institutions as part of the board’s monthly meeting. Billy Byrd and Charles “Chuck” H. Stuart…
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FinTrust Capital Advisors hosts third annual FinTrust Financial Forum
June 4, 2019
On Wednesday, May 22, 2019 FinTrust Capital Advisors hosted an informative, collaborative conference focused on innovation and intellectual property at Zen in downtown Greenville. The FinTrust Financial Forum featured eight…
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State Treasurer Curtis Loftis kicks off National 529 Day observance with $529 College Savings grants
May 21, 2019
State Treasurer Curtis Loftis announced that South Carolina’s Future Scholar 529 College Savings Plan would once again celebrate National 529 College Savings Day (May 29) with its PalmettoBaby Grant Program.…
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CresCom Bank and World Affairs Council of Charleston reward students for analysis of hot topics in global issues
May 20, 2019
At an award ceremony on April 17, 2019, Joe Bonacci, Senior Vice President for CresCom Bank, presented three Charleston County Public High School students with 2019 John M Settle, Sr./World…
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Local Lowcountry Wells Fargo team members participate in Community Service Super Saturday
May 20, 2019More than 1,300 Wells Fargo team members celebrated National Volunteer Month in April by volunteering 5,000 hours with nearly 90 nonprofits across the Southeast. The mass volunteer effort is part…
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South Carolina Federal announces new Board Chairman
May 16, 2019
South Carolina Federal Credit Union has named Richard Buckner Chairman of the Board following its 2019 membership meeting. This is Buckner’s second term leading the credit union’s Board of Directors,…
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SAFE Federal Credit Union names Bruce Copeland VP of Marketing
May 15, 2019
SAFE Federal Credit Union has named Bruce Copeland their new Vice President of Marketing. Copeland joins SAFE Federal Credit Union from the Charleston, SC area where he most recently operated his…
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South Carolina Federal awards $50,000 in scholarships
May 13, 2019South Carolina Federal CEO Scott Woods and former Board Chairman Mary L. Whited pose with this year’s scholarship winners. South Carolina Federal Credit Union awarded $50,000 in scholarships…
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United Community Banks, Inc. announces quarterly cash dividend increase
May 13, 2019
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.17 per common share. The dividend is…
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H. Lynn Harton to succeed Jimmy Tallent as Chairman of United Community Banks, Inc.’s Board of Directors
May 13, 2019
United Community Banks, Inc. (NASDAQ: UCBI) (“United”) today announced that its Board of Directors has appointed H. Lynn Harton, Chief Executive Officer (pictured), to serve as United’s Chairman of the…
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United Community Banks, Inc. reports EPS of $0.55 and ROA of 1.44% for Q1 2019
April 24, 2019
United Community Banks, Inc. (NASDAQ: UCBI) (“United”) announced its first quarter financial results, including solid year-over-year loan and deposit growth, improved operating efficiency and continued strong asset quality. Reported diluted…
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United Community Bank names John Golding head of Commercial Banking Solutions
April 23, 2019
United Community Bank announced veteran commercial banker John Golding as its new Head of Commercial Banking Solutions (CBS). Golding has more than 25 years of industry experience offering customer-focused solutions…
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Southern First results for the first quarter of 2019
April 23, 2019
Southern First Bancshares, Inc., holding company for Southern First Bank, today reported net income available to common shareholders of $6.0 million, or $0.78 per diluted share, for the first quarter…
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State Treasurer’s Office facilitates $30 million master lease for MUSC
April 18, 2019
Funding will support facility upgrades to improve energy efficiency throughout campus The State Treasurer’s Office recently worked with the Medical University of South Carolina to secure affordable financing through the…
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CresCom Bank announces promotions throughout its South Carolina branches
April 8, 2019
CresCom Bank, the second largest community bank in North and South Carolina, promotes Team Members throughout its South Carolina branches. Promotions include: Litchfield, S.C. Amanda Phillips, Mortgage Loan Originator, has been…
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Southern First hires Chief Banking Officer
April 2, 2019
Southern First Bancshares, Inc., holding company for Southern First Bank, announced the appointment of Cal Hurst as Executive Vice President, Chief Banking Officer. Hurst has worked in the banking industry…
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Former Comstar Technologies CEO, Kevin Flounders, joins SIB Fixed Cost Reduction as President
March 18, 2019
SIB Fixed Cost Reduction announced that Kevin Flounders, former Comstar Technologies CEO, has assumed the role of president. Flounders, a successful entrepreneur with over 25 years in the telecom industry,…
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United Community Bank one of top five U.S. banks on Forbes list of World’s Best Banks
March 11, 2019
United Community Bank has been named one of the “Best Banks in the World” according to the inaugural Forbes World’s Best Banks list. The list, which was based largely on…
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Cynthia O’Dell joins Wells Fargo Private Bank
March 9, 2019
Wells Fargo Private Bank announced the addition of Cynthia O’Dell as a senior wealth planning strategist. In her new role, O’Dell will guide clients in the creation of their individual…
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Cynthia O’Dell joins Wells Fargo Private Bank
March 9, 2019
Wells Fargo Private Bank announced the addition of Cynthia O’Dell as a senior wealth planning strategist. In her new role, O’Dell will guide clients in the creation of their individual…
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Wells Fargo donated $5.3 million to support South Carolina nonprofits in 2018
March 8, 2019
Wells Fargo donated more than $5.3 million through 389 grants to South Carolina nonprofits, schools and community organizations in 2018. Wells Fargo’s philanthropic contributions build on a history of addressing…
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CresCom Bank expands Commercial Lending Executive Team with promotion of Ryan Benton
February 27, 2019
CresCom Bank, the second largest community bank in North and South Carolina, has expanded its Commercial Lending Team with the promotion of CresCom Bank team member Ryan Benton. Ryan Benton has been promoted…
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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…
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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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