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, 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…
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, 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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GrandSouth Bancorporation reports fourth quarter 2018 earnings of $1.8 million
January 21, 2019GrandSouth 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, 2019CresCom 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, 2019First-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, 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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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, 2018Mutual 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, 2018Southern 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, 2018Greenville-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, 2018Carolina 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, 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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GrandSouth Bancorporation completes private placement of $10 million of subordinated notes
November 25, 2018GrandSouth 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, 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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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, 2018Funding 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, 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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Jon Presley strengthens United Community Bank team in Summerville
October 24, 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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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, 2018VentureSouth, 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, 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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TD contributes additional $150,000 to expand support of Hurricane Florence disaster recovery efforts
October 1, 2018Financial 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, 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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South Carolina Community Loan Fund announces executive leadership transition
September 26, 2018South 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, 2018Funding 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, 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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Windley joins S.C. Board of Financial Institutions
September 6, 2018Longtime 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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United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
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United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
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South Carolina Federal CU names John Stanford Vice President of Lending
August 27, 2018South Carolina Federal Credit Union has named John Stanford Vice President of Lending. The role oversees business services and loan underwriting, loan administration and loan servicing for the $1.7 billion…
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South Carolina Federal Credit Union hosting free document shredding event
August 9, 2018South Carolina Federal Credit Union is hosting a free document shredding event on Saturday, August 18, 2018 from 9 a.m. – 1p.m., at its Goose Creek financial center, located at 82…
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Peter G. Shand named to BDC Board
August 8, 2018Peter G. Shand has been named to the Board of Directors of Business Development Corporation (BDC), the non-bank lender he has served as President of for the past year. He…
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Chris Abbott joins Capital Bank
August 7, 2018Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Chris Abbott has joined the company as senior vice president. Abbott will oversee strategies and execution…
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Chris Abbott joins Capital Bank
August 7, 2018Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Chris Abbott has joined the company as senior vice president. Abbott will oversee strategies and execution…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Wicker, Ham join South Carolina Board of Financial Institutions
August 4, 2018Two longtime bankers began terms on the South Carolina Board of Financial Institutions on Aug. 1. Wayne Wicker, chairman and chief executive officer of Myrtle Beach-based South Atlantic Bank, and Barry…
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United Community Banks, Inc. announces quarterly cash dividend
August 4, 2018United Community Banks, Inc. (NASDAQ: UCBI) reported that its Board of Directors approved a regular quarterly cash dividend of $0.15 per common share. The dividend is payable October 5, 2018 to shareholders…
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South Carolina Federal CU names Trey Gantt SVP of Lending Services
July 30, 2018South Carolina Federal Credit Union has named Trey Gantt Senior Vice President of Lending Services. The role oversees mortgages, consumer loans, loss prevention and business services for the $1.7 billion…
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The Capital Corporation advises ProSource, LLC on its partnership with CID Capital
July 30, 2018Transaction: The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana).…
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