Beneficiary Designations: Why your Will and Trusts Aren’t Enough
October 29, 2020By Anne Marie E. Ashworth, CFP® When developing a comprehensive estate plan, it is critical to understand which, if any, of your assets have (or could have) a beneficiary designated.…
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VentureSouth recognized as a Top 10 angel group in North America
October 28, 2020VentureSouth announced that it has been recognized as one of the top 10 angel investment groups in North America for the 3rd time. The ranking comes from the Angel Capital…
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Countybank Foundation donates $1,000 to Gateway
October 28, 2020The Countybank Foundation recently donated $1,000 to Gateway, a Clubhouse Model rehabilitation program. Marko Huttunen, Vice President of Professional and Executive Banking for Countybank, presented the check on behalf of…
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Southern First reports results for third quarter 2020
October 27, 2020Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three- and nine-month period ended September 30, 2020. “I am proud…
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United Community Banks, Inc. reports third quarter results
October 21, 2020United Community Banks, Inc. reported third quarter financial results, including solid year-over-year loan and deposit growth and record operating efficiency. United delivered net income of $47.6 million and pre-tax pre-provision…
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First Community Corporation announces third quarter results and cash dividend
October 21, 2020First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the third quarter of 2020 of $2.652 million as compared to $2.898 million in the third quarter of…
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Countybank’s Pam Taylor and Patrick Craven receive officer appointments
October 21, 2020Countybank is pleased to announce that Pam Taylor has been elected as a Banking Officer and Patrick Craven promoted to an Assistant Vice President by the Countybank Board of Directors.…
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United Community Bank honors Ronald McDonald Charities of the Carolinas
October 15, 2020United Community Bank is proud to have recently presented the Ronald McDonald Charities of the Carolinas with a donation. The contribution was made in partnership with FOX Carolina and their…
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South Carolina Federal’s insurance subsidiary opens new office in Seneca
October 15, 2020South Carolina Federal Credit Union’s wholly owned subsidiary, SCF Solutions, LLC*, has opened a new Insurance Solutions office at 1598 Sandifer Blvd., Unit F, in Seneca, South Carolina. Insurance Advisors…
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Greenville Financial Empowerment Center announces 2 new certified counselors
October 9, 2020Greenville Financial Empowerment Center (Greenville FEC), a program of the Greenville County Human Relations Commission, announces Sheryl Hanshaw and James Cooley as its newest certified Financial Empowerment Counselors. Sheryl Hanshaw…
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Melissa D. Bane joins Greenwood Capital ownership team
October 8, 2020Greenwood Capital is pleased to announce that Melissa D. Bane, Senior Private Client Advisor, joined the ranks of Greenwood Capital employee ownership on October 1, 2020. “This opportunity and honor…
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Countybank Foundation completes $23,000 donation to Anderson Interfaith Ministries
October 6, 2020The Countybank Foundation recently made its final donation installment of $6,500 to Anderson Interfaith Ministries (AIM), fulfilling the pledged amount of $23,000 over the course of three years. Michael Wooles,…
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Regional Management Corp. announces appointment of Harp Rana as Executive Vice President and Chief Financial Officer
October 1, 2020Promotes Brian Fisher to EVP and Chief Strategy and Development Officer Elevates Catherine Atwood to SVP, General Counsel, and Secretary Further Strengthens Senior Team to Execute on Omni-Channel Growth Strategy…
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Nachman Norwood & Parrott continues growth with new wealth planner
September 29, 2020Nachman Norwood & Parrott (NNP), an independent wealth management consultancy, recently welcomed Tyler Boswell as a wealth planner. In this role, Boswell will work with the planning department to build…
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United Community Bank welcomes Brian Goff as Director of Portfolio Management
September 28, 2020United Community Bank announced the addition of Brian Goff as Director of Portfolio Management. In this new role, Goff will be responsible for the management and oversight of the bank’s…
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Countybank’s Laura Beth Brooks receives officer appointment
September 23, 2020Countybank announced that Laura Beth Brooks has been appointed Assistant Vice President by the Board of Directors. Additionally, Brooks has been promoted to a new role, Corporate Governance Manager. In…
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Earnnest appoints Russell Smith as General Manager of Earnnest Enterprise
September 22, 2020Leading Real Estate Payments Company Strengthens Leadership Team with Industry Innovator Earnnest, the largest digital earnest money service in the U.S., today announced the launch of its new Earnnest Enterprise…
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Tax tips and reminders for extension filers: returns due October 15
September 17, 2020The South Carolina Department of Revenue (SCDOR) reminds taxpayers who filed for an extension that their Individual Income Tax returns are due October 15. Here are some tips and reminders…
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United Community Bank launches commercial real estate lending division in Florida
September 14, 2020United Community Bank is expanding its commercial real estate (CRE) lending division in Florida with the announcement of Chris Willman as Senior Vice President, Commercial Real Estate Relationship Manager. In…
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FinTrust hires Donna Rasile as Senior Vice President, Investment Advisor
September 14, 2020FinTrust Capital Advisors announced that Donna Rasile has joined the FinTrust team as Senior Vice President, Investment Advisor. Throughout her 30 years of experience, Donna has become a trusted advisor…
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Southern First Bank announces new headquarters to be built in Greenville
September 11, 2020Southern First Bank (NASDAQ: SFST), the largest bank headquartered in South Carolina, has announced plans to build a new corporate headquarters in Greenville, SC. The new headquarters, situated at the…
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Synovus announces quarterly dividends
September 4, 2020The Board of Directors of Synovus Financial Corp. (NYSE: SNV) has declared the following quarterly dividends: $0.33 per share on the company’s common stock, payable on October 1, 2020, to…
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2020 Official SC TOP 25 Fastest Growing Companies
September 1, 2020The Official 2020 SC TOP25 Fastest Growing Companies are Announced Now in its 19th year, this competition recognizes the achievements of top-performing private and publicly-owned companies that have contributed to…
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State Treasurer Curtis Loftis announces Future Scholar When I Grow Up Sweepstakes for $529 grants
August 31, 2020State Treasurer Curtis Loftis announced today that Future Scholar, South Carolina’s 529 College Savings Plan, is celebrating national College Savings Month with a fun social media photo contest. Families can…
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Leaving a Legacy – Using a Retirement Account Beneficiary Designation to Gift to Charity
August 31, 2020By J. Abigail Mason, CFP® Designating a charity through a retirement account beneficiary designation is a great option for those who are philanthropic and who also want to ensure money…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: accounting, advice, banking-and-finance, law, on-the-move
United Community Bank welcomes David Kershaw as Vice President, Legal Counsel
August 31, 2020United Community Bank recently announced the addition of David Kershaw as Vice President, Legal Counsel. In this role, Kershaw will work with the bank’s Special Assets and Commercial Credit Counsel…
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United Community Bank announces Sherry Brock as Assistant Branch Manager in Pendleton
August 26, 2020United Community Bank in Pendleton is pleased to announce that Sherry Brock has joined its team. Born and raised in the Pendleton area, Brock has been a member of United’s…
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Abacus Planning Group named to Financial Times 300 Top Registered Investment Advisers
August 18, 2020Abacus Planning Group announced it has been named, once again, to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms…
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United Community Bank Promotes Lisa Shelnutt to Commercial Real Estate Division Manager
August 17, 2020United Community Bank announced the promotion of Lisa Shelnutt to Commercial Real Estate Division Manager. In this expanded role, Shelnutt will manage all Commercial Real Estate efforts throughout the bank’s…
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Fourteen college students join Northwestern Mutual’s nationally recognized internship program
August 14, 2020Northwestern Mutual, a leading financial services firm, has selected fourteen college seniors to gain valuable financial planning experience in the firm’s nationally recognized internship program in Greenville, Spartanburg and Asheville…
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Will Aiken joins Southern First Bank, expanding Southern First credit leadership
August 11, 2020Southern First Bank, the largest bank headquartered in South Carolina, welcomes Will Aiken, who will carry the title of Executive Vice President with the company. Will brings extensive leadership experience…
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Moryah Jackson joins United Community Bank as Vice President, Director of Community Development and Engagement
August 10, 2020United Community Bank welcomed Moryah Jackson as Vice President, Director of Community Development and Engagement. In this newly created leadership role, Jackson will be responsible for oversight of the bank’s…
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SC banks close $5.7 billion in PPP loans, protect more than 650,000 jobs
August 10, 2020South Carolina banks participating in the Paycheck Protection Program closed $5.7 billion in loans in a little more than 90 days, assisting in the protection of better than one in…
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Countybank Foundation donates $25,000 to Piedmont Technical College Foundation
August 5, 2020The Countybank Foundation recently donated $25,000 to the Piedmont Technical College (PTC) Foundation for the William H. “Billy” O’Dell Upstate Center for Manufacturing Excellence. “We could not be more grateful…
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RealOp Investments acquires Oates Crossing, a 235K SF Class A office-warehouse portfolio in Charlotte, NC for $31.75M
August 4, 2020RealOp Investments has expanded its Southeastern footprint with the acquisition of a four building, 234,400-square-foot office-warehouse portfolio located in the flourishing Charlotte MSA. Strategically positioned along I-77, Oates Crossing is…
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South Carolina Federal merges with Spartanburg City Employees Credit Union
August 4, 2020South Carolina Federal Credit Union is proud to announce its completed merger with Spartanburg City Employees Credit Union following a member vote in June. The financial center located in City…
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Celebrating ABLE to Save Month with our partners
August 3, 2020By State Treasurer Curtis Loftis Because our citizens living with disabilities deserve the same chance to achieve financial independence and stability as all South Carolinians do, I’m proud to serve…
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Charitable Considerations When Selling a Business
July 30, 2020By Bethany M. Griffith, CFP®, EA Running a business is full of decision points, strategy planning, and opportunities. All of these factors remain when it is time to sell…
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Southern First reports results for second quarter 2020
July 28, 2020Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three and six-month period ended June 30, 2020. “In this current environment,…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Lincoln Stewart joins First Reliance Bank as Vice President and Portfolio Manager
July 27, 2020Lincoln Stewart has joined First Reliance Bank as a Vice President and Portfolio Manager in Greenville, SC. In his new role, he will be responsible for underwriting and portfolio management…
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VentureSouth leads investment in Altis Biosystems
July 27, 2020VentureSouth announced that it has led the oversubscribed $3.1 million Series Seed investment round for Altis Biosystems, a Chapel Hill, NC-based biotechnology company. Altis Biosystems makes drug discovery faster, cheaper,…
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Countybank approves more than $61 million in Paycheck Protection Program loans
July 23, 2020Countybank has taken a significant leadership role in helping Upstate businesses deal with the financial implications of the COVID-19 crisis by approving more than $61 million in Paycheck Protection Program…
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United Community Banks, Inc. reports second quarter results
July 22, 2020United Community Banks, Inc. (NASDAQ: UCBI) (United) reported second quarter financial results, with record year-over-year loan and deposit growth. United delivered net income of $25.1 million and pre-tax pre-provision income…
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Countybank Foundation supports Greenwood Area Habitat for Humanity
July 14, 2020The Countybank Foundation, established in 1971 representing Countybank and Greenwood Capital, recently donated $20,000 to Greenwood Area Habitat for Humanity. This donation is part of a five-year plan to donate…
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United Community Bank awarded 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts
July 14, 2020United Community Bank is pleased to have been recognized by the South Carolina Arts Commission (SCAC) as a 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts award recipient. The…
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VentureSouth continues investing despite pandemic
July 9, 2020VentureSouth, one of the largest angel investment groups in the United States, announced its investment activity for the first half of 2020. Despite health and economic challenges brought on by…
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United Community Bank welcomes Bob Brown as Chief Information Security Officer
July 6, 2020United Community Bank has announced the addition of Bob Brown as Chief Information Security Officer. Bob, who has more than two decades of experience managing business technologies, will now work…
Read MorePosted in: upstatebizsc Category: banking-and-finance, headlines, on-the-move
How to Complete the PPP Loan Forgiveness Application Webinar – July 8
July 2, 2020NEW WEBINAR: HOW TO COMPLETE THE PPP LOAN FORGIVENESS APPLICATION Wednesday, July 8th @1pm EST Sign up here – https://www.ergpayroll.com/how-to-complete-the-ppp-loan-forgiveness-application/ During this webinar, we will cover the most recent updates…
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United Community Banks, Inc. completes acquisition of Three Shores Bancorporation, Inc. and its wholly owned bank subsidiary, Seaside National Bank & Trust
July 1, 2020United Community Banks, Inc. has completed its merger, effective July 1, 2020, with Three Shores Bancorporation, Inc. Also, effective July 1, 2020, Three Shores’ bank subsidiary, Seaside National Bank &…
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What to Consider in a Buy-Sell Agreement
June 30, 2020By Jonathan J. Robertson, CFP® If your business has more than one owner, having a buy-sell agreement in place is vital. A buy-sell agreement is used to determine in advance…
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