SCRA announces investment in drone-related startup, UASidekick
February 16, 2021South Carolina Research Authority (SCRA) announces its affiliate, SC Launch, Inc.’s, investment of $200,000 in UASidekick, Inc., a Greenville-based drone software company. UASidekick became an SC Launch Member Company in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, hi-tech-information-tech, on-the-move
Wells Fargo invests in six Black-owned banks, including Optus in Columbia
February 10, 2021
Wells Fargo recently announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move
VentureSouth invests over $9 million in 26 Southeast companies in 2020
February 8, 2021
Despite the myriad challenges brought on by a global pandemic, VentureSouth announced another strong year of investment activity for 2020, with a total of $9.2 million invested in 26 early…
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United Community Bank names new corporate headquarters & expands in Greenville County
February 4, 2021
$24.8 million investment will create 227 new jobs United Community Bank, a retail and commercial banking service provider, today announced plans to expand operations in Greenville County and name the…
Read MorePosted in: upstatebizsc Category: banking-and-finance, economic-development, headlines, on-the-move
United Community Bank expanding, announcing corporate headquarters in Greenville County, SC
February 3, 2021
United Community Bank, a retail and commercial bank and one of the largest full-service financial institutions in the Southeast, today announced plans to locate its corporate headquarters in Greenville County,…
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South Carolina Planned Giving Council welcomes three new board members
February 1, 2021
The South Carolina Planned Giving Council recently announced the addition of three new board members as well as a new slate of officers. Michelle Hardy, Benita Hopkins and Daniel Prohaska…
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Creating a Budget: Empowerment Over Constraint
January 29, 2021
By Anne Marie E. Ashworth, CFP® For many, budgeting has a lot of negative connotations. Tracking where money comes from and where it goes leaves some feeling frustrated and guilty.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc, laurenscountybuzz Category: banking-and-finance, life, on-the-move
United Community Bank welcomes Christopher Towery as Deputy General Counsel
January 28, 2021
United Community Bank expands its internal corporate legal team with the addition of Christopher M. Towery as Deputy General Counsel. In this role, Towery will support the General Counsel with…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Countybank reaches goal of $5,000 for debit card donation swipe campaign
January 28, 2021
Countybank is excited to announce the results of its first debit card swipe campaign that occurred throughout December 2020. The bank reached its maximum contribution goal of $5,000. “We could…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Southern First reports 2020 financial results
January 26, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for three-month period and year ended December 31, 2020. “While 2020 was a…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Countybank thanks Danner for help establishing bank in Greer market
January 26, 2021
Countybank shared its appreciation for Rick Danner, who played an integral part in establishing Countybank in the Greer market. Danner recently resigned from Countybank, having served as Business Development Officer…
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United Community Bank strengthens commercial lending leadership
January 25, 2021
United Community Bank announced a new leader for its growing Middle Market and Asset Based Lending divisions. Experienced banker John Thompson has been named Middle Market and Asset Based Lending…
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State Treasurer Curtis Loftis announces SC maintains high credit ratings, despite COVID-19 pandemic and its economic impacts
January 22, 2021
State Treasurer Curtis Loftis announced that South Carolina continues to maintain high bond ratings with the three major credit rating agencies. In preparation for a January bond issuance, Moody’s Investors…
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World Acceptance Corporation reports fiscal 2021 third quarter results
January 22, 2021
Third quarter highlights: Net income of $14.5 million, a $20.8 million increase from a $6.3 million loss in same quarter prior year Net income per diluted share of $2.25, a…
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Financial Planning Association of South Carolina announces new Board Member
January 20, 2021
The Financial Planning Association of South Carolina announced that William Hardaway, III, CPA, PFS, CFP has joined the Board of Directors. Hardaway is from Florence and has been employed with…
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Countybank and Greenwood Capital donate $48,385 to United Way Greenville
January 19, 2021Countybank and Greenwood Capital donated $48,385 as part of their annual campaign to United Way of Greenville County. Associates from both organizations made personal pledge donations totaling $38,385 as part…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Southern First Bank expands to Charlotte market Doug Smith, Tiffani Tedder, & Ashley Gibson to provide leadership
January 15, 2021Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Charlotte, NC. The Bank intends to establish a full-service retail office upon regulatory approval.…
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Glassdoor names South Carolina Federal a Best Place to Work in 2021
January 14, 2021
South Carolina Federal Credit Union has once again been recognized as one of the Best Places to Work in 2021 by Glassdoor. South Carolina Federal ranked No. 30 in the…
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Duke Energy establishes relationship with Optus Bank to support minority-owned businesses
January 14, 2021
Duke Energy deposits $5 million into Black-owned bank headquartered in South Carolina Boosts funding to support Optus Bank’s efforts to address economic inequality and close the racial wealth gap Duke…
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Countybank makes Christmas donations of more than $2,300 to local charities
January 14, 2021
In light of hardships during the COVID-19 pandemic, Countybank replaced its annual customer Christmas gifts with contributions to local charities in Greenwood, Greenville, Greer and Anderson this holiday season. “This…
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VentureSouth portfolio company to go public
January 13, 2021
VentureSouth announced that its portfolio company Proterra, a leading commercial electric vehicle technology company with manufacturing operations in South Carolina, will become publicly listed through a merger with special purpose…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, business-services, headlines, on-the-move, transportation
Andy Westbrook joins Countybank as Commercial Banking Manager
January 12, 2021
Countybank welcomed Andy Westbrook as Executive Vice President, Commercial Banking Manager in Greenville. Westbrook comes to Countybank with more than 35 years of commercial banking experience. In his role as…
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The Capital Corporation advises Forensic Engineering Technologies, LLC on its partnership with J.S. Held
January 11, 2021
Greenville, South Carolina January 8, 2021 Transaction: The Capital Corporation announced that Forensic Engineering Technologies, LLC (“FET”, headquartered in Orlando, Florida) has partnered with J.S. Held LLC (“J.S. Held”,…
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Countybank’s Amber Price and Jamie Compton receive officer appointments
January 7, 2021
Countybank announced that Amber Price and Jamie Compton have been appointed Vice President and Assistant Vice President by the Countybank Board of Directors, respectively. Price joined Countybank as HR Manager…
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Jenna Bates joins Ameris Bank as commercial banker
January 6, 2021
Ameris Bank Market President Greg Clark announces that Jenna Bates has joined Ameris Bank as a commercial banker. Bates will be responsible for expanding commercial banking relationships throughout the area,…
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United Community Bank donates more than $20,000 to Be an Angel! Program
December 17, 2020
United Community Bank is proud to announce its Upstate teams have donated $20,700 to Greenville County Foster Parent Association’s Be an Angel! Program. The donated funds were collected from United…
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Countybank Foundation donates $25,000 to Boys & Girls Clubs of the Lakelands Region
December 17, 2020Countybank and Greenwood Capital recently donated $25,000 to the Boys & Girls Clubs of the Lakelands Region. The donation will go toward a capital campaign to support the renovation of…
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Countybank pledges $855 for United Way of Anderson County
December 15, 2020
Countybank’s Anderson team recently donated $855 as part of their annual Pacesetter Campaign to the United Way of Anderson County. “Our team is grateful for Countybank’s support this year through…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Synovus presents YMCA of Greenville with $5,000
December 10, 2020
Synovus Financial Corporation presented two checks totaling $5,000 to the YMCA of Greenville on Wednesday, December 9 – $2,500 for the Y’s COVID relief emergency food program, and $2,500 for…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, food, non-profit, on-the-move, philanthropy
Countybank and Greenwood Capital pledge almost $27,000 for United Way
December 10, 2020Countybank and Greenwood Capital donated $26,936 as part of their annual Pacesetter Campaign to the United Way of Greenwood and Abbeville Counties. Associates from both organizations made personal pledge donations…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
United Community Bank welcomes Jay Rajaee as Chief Security Officer
December 7, 2020
United Community Bank welcomed Jay Rajaee as Chief Security Officer, a crucial role within the organization focusing on all aspects of information security and risk management. Rajaee has more than…
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Countybank launches debit card swipe campaign
December 3, 2020
Countybank is excited to announce the launch of its first debit card swipe campaign that results in contributions to local organizations through the Countybank Foundation. “As the holidays quickly approach,…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Lima One’s Tennyson named to Mortgage Global 100 list
December 2, 2020Lima One Capital CEO Jeff Tennyson has been named as one of 31 US-based leaders included on the 2020 Mortgage Global 100 list, identifying him as one of the mortgage…
Read MorePosted in: upstatebizsc Category: banking-and-finance, employment, on-the-move
ScanSource announces new Chief Financial Officer
November 18, 2020
New CFO brings strong SaaS solutions experience for next phase of strategy and growth ScanSource, Inc. (Nasdaq: SCSC), a leading provider of technology products and solutions, today announced that Steve…
Read MorePosted in: upstatebizsc Category: banking-and-finance, employment, hi-tech-information-tech, it-services, on-the-move, technology
Countybank opens new commercial loan office in Simpsonville
November 17, 2020Countybank announced its new commercial loan office located in Simpsonville, expanding its services into a new market of the Upstate. “As the cities of Simpsonville and Mauldin continue to grow,…
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John Stadsvold joins Countybank as Senior Trust Officer
November 10, 2020
Countybank welcomes John Stadsvold as Senior Vice President, Senior Trust Officer in Greenville. Stadsvold comes to Countybank with more than 40 years of trust and investments management experience. In his…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
State Treasurer Curtis Loftis reminds families about perfect one-size-fits-all gift this holiday season
November 9, 2020
Future Scholar contributions enhance college savings, provide tax benefits State Treasurer Curtis Loftis wants to remind South Carolina families about the perfect one-size-fits-all gift suggestion this holiday season – a…
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United Community Bank to Participate in Angel Tree Gift Giving This Holiday Season
November 3, 2020
United Community Bank is proud to announce its Upstate branches will be providing Christmas gifts to local children through its annual Angel Tree program. Participating branches will place Christmas trees…
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Beneficiary Designations: Why your Will and Trusts Aren’t Enough
October 29, 2020
By 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, 2020
VentureSouth 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, 2020
The 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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Southern First reports results for third quarter 2020
October 27, 2020
Southern 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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, 2020
Countybank 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, 2020
United 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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Federal’s insurance subsidiary opens new office in Seneca
October 15, 2020
South 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, 2020
Greenville 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, 2020
Greenwood 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, 2020
The 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,…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
