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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Poor Planning Could Lead To 5 Big Retirement Problems
April 18, 2019By Chris Hobart Ideally, retirement is a time someone anticipates eagerly – a reward for a lifetime of hard work and solid financial planning. But nearly half of workers…
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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…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, government, on-the-move
First Community Corporation announces first quarter results and cash dividend
April 17, 2019
First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, reported net income for the first quarter of 2019 of $2.50 million as compared to $2.71 million in the first quarter…
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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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Bank of America Private Bank expands South Carolina Team
March 25, 2019
Bank of America Private Bank today announced two strategic new hires, emphasizing the firm’s ongoing commitment to the Columbia, South Carolina community. Columbia is home to 826,600 residents and boasts…
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The Town of Chapin receives highest form of recognition in governmental accounting and financial reporting
March 11, 2019
The Certificate of Achievement for Excellence in Financial Reporting has been awarded to the Town of Chapin by the Government Finance Officers Association of the United States and Canada (GFOA)…
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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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Wallick Investments’ Core Growth and Fidelis composites receive 4-star Morningstar Ratings Overall
March 7, 2019Wallick Investments, LLC’s chief equity composite strategy, WI Core Growth, received a 4-star Morningstar RatingTM among 159 mid-cap blend products as of December 31, 2018 for 3-year, 5-year, 10-year and…
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Wallick Investments’ Core Growth and Fidelis composites receive 4-star Morningstar Ratings Overall
March 7, 2019Wallick Investments, LLC’s chief equity composite strategy, WI Core Growth, received a 4-star Morningstar RatingTM among 159 mid-cap blend products as of December 31, 2018 for 3-year, 5-year, 10-year and…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Preparing financially for the death of a family member
March 4, 2019By Bethany M. Griffith, CFP®, EA Nothing is certain but death and taxes, and not many topics make for worse conversation starters at the Thanksgiving table. Yet, finding the…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance
Preparing financially for the death of a family member
March 4, 2019
By Bethany M. Griffith, CFP®, EA Nothing is certain but death and taxes, and not many topics make for worse conversation starters at the Thanksgiving table. Yet, finding the…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance
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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United Community Bank Partners with Blue Star Mothers of America to send care packages to active duty military
February 25, 2019United Community Bank have recently partnered with the Blue Star Mothers of America’s Greenville-Upstate chapter to send care packages to troops serving overseas. The packages were assembled by the…
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Pre/Post Marriage Guide to a successful financial future
February 25, 2019By Anne Marie E. Ashworth Congratulations! Either you are considering getting married, are recently engaged, or are newly married; you aren’t alone. In 2014, the CDC reported 2.14 million…
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Pre/Post Marriage Guide to a successful financial future
February 25, 2019
By Anne Marie E. Ashworth Congratulations! Either you are considering getting married, are recently engaged, or are newly married; you aren’t alone. In 2014, the CDC reported 2.14 million…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
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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VentureSouth announces 2018 record-breaking results
February 13, 2019
VentureSouth is pleased to announce record-setting results for a fifth consecutive year. In 2018, the South Carolina-based early stage investment firm grew its membership to nearly 300 investors and invested…
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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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move
Erin Jones earns Certified Financial Planner™ certification
February 5, 2019FinTrust Capital Advisors announced that Erin Jones has earned the Certified Financial Planner™ certification. This achievement adds to Erin’s list of professional credentials which include the Chartered Financial Consultant (ChFC®)…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Erin Jones earns Certified Financial Planner™ certification
February 5, 2019
FinTrust Capital Advisors announced that Erin Jones has earned the Certified Financial Planner™ certification. This achievement adds to Erin’s list of professional credentials which include the Chartered Financial Consultant (ChFC®)…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
UC Funds closes $7.4 million first mortgage loan for Jamestowne Apartments in Columbia
February 4, 2019
UC Funds tops $2 billion in total closings with its latest multifamily transaction in South Carolina’s capital city UC Funds, a vertically-integrated commercial real estate specialty finance firm, announces the closing…
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United Community Bank named to Forbes List of America’s Best 100 Banks
February 1, 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: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Extreme Weather Events, Natural Disasters, and Insurance
January 31, 2019No matter where you live in the United States, there’s a good chance you’ll have to deal with one or more natural disasters or severe weather events. Each part of…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance
Resource Financial Services increases loan volume significantly in 2018
January 31, 2019
Resource Financial Services, an independently owned full-service mortgage company serving the Southeast, announced its best year in total volume. The company showed significant growth in total volume of loan originations…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Extreme Weather Events, Natural Disasters, and Insurance
January 31, 2019
No matter where you live in the United States, there’s a good chance you’ll have to deal with one or more natural disasters or severe weather events. Each part of…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance
Resource Financial Services increases loan volume significantly in 2018
January 30, 2019Resource Financial Services, an independently owned full-service mortgage company serving the Southeast, announced its best year in total volume. The company showed significant growth in total volume of loan originations…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
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, midlandsbiz Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
AMCOL-RevMD develop groundbreaking technology
January 17, 2019
AMCOL Systems, Inc., a nationally recognized leader in patient experience and revenue cycle optimization services, and RevMD Partners, LLC., an industry leading technology enabled revenue cycle services company, have together…
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First Community Corporation announces record annual earnings, fourth quarter earnings and increased cash dividend
January 17, 2019
Highlights Net income of $11.2 million in 2018 and $2.7 million for the fourth quarter Increased cash dividend to $0.11 per common share, the 68th consecutive quarter of cash dividends paid to common shareholders, highest dividend ever…
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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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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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Southern First Bank announces executive promotion
January 10, 2019Southern First Bank is pleased to announce that Blake G. Taylor has been promoted to Executive Vice President and Columbia Regional Executive. Blake’s leadership role will include the growth and…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Southern First Bank announces executive promotion
January 10, 2019
Southern First Bank is pleased to announce that Blake G. Taylor has been promoted to Executive Vice President and Columbia Regional Executive. Blake’s leadership role will include the growth and…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Movement Mortgage to acquire retail branches of Eagle Home Mortgage
January 9, 2019Movement Mortgage, a national top 10 retail mortgage lender based in Indian Land, SC, has expanded its Pacific Northwest and Mountain West market share by agreeing to acquire the retail…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Michael Wooles joins Countybank as Anderson Market Executive
January 4, 2019
Countybank welcomed Michael Wooles as Anderson Market Executive in Anderson. Wooles comes to Countybank having served in a bank leadership capacity in Anderson for the past 17 years. Wooles’ prior…
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United Community Mortgage Services welcomes Brian Johnson
January 2, 2019United Community Mortgage Services is pleased to welcome Brian Johnson as a Senior Mortgage Loan Originator to its Greenville team. Johnson holds 23 years of experience in the financial industry…
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Simplifying the Mortgage Application Process
December 19, 2018By Ann J. Beckwith Applying for a mortgage, especially for your first home purchase, can seem confusing and overwhelming for some people. Maybe you struggle to stay organized with…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Simplifying the Mortgage Application Process
December 19, 2018
By Ann J. Beckwith Applying for a mortgage, especially for your first home purchase, can seem confusing and overwhelming for some people. Maybe you struggle to stay organized with…
Read MorePosted in: midlandsbiz 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,…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
