The Capital Corporation advises SolBright Renewable Energy, LLC on its sale to Arkados Group, Inc.
May 8, 2017
Transaction: The Capital Corporation is pleased to announce the sale of SolBright Renewable Energy (“SolBright”, headquartered in Charleston, South Carolina) to Arkados Group (“Arkados”, headquartered in Newark, New Jersey). SolBright…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Federal Credit Union hosting free document shredding event
May 3, 2017
South Carolina Federal Credit Union is hosting a free document shredding event on Saturday, May 6, 2017 from 9 a.m. – 1p.m., at its James Island financial center, located at…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance
CresCom Bank’s Katie Skeen named branch manager for Conway
April 24, 2017
CresCom Bank, the community-banking leader within the Carolinas, has promoted Katie Skeen as branch manager for its Conway, South Carolina location. Previously, Skeen served as branch manager for the Elizabethtown…
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CresCom bank welcomes new branch manager in Elizabethtown
April 24, 2017
CresCom Bank, the community-banking leader within the Carolinas, has named Debbie Earl as the new branch manager for its Elizabethtown branch. Earl, who is an active leader in the Elizabethtown…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Carolina Financial Corporation reports results for first quarter of 2017
April 24, 2017
Carolina Financial Corporation today announced financial results for the first quarter of 2017. Operational highlights for the three months ended March 31, 2017 include: On January 25, 2017, the Company…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Carolina Financial Corporation reports results for first quarter of 2017
April 24, 2017
Carolina Financial Corporation today announced financial results for the first quarter of 2017. Operational highlights for the three months ended March 31, 2017 include: On January 25, 2017, the Company…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
VentureSouth announces first quarter investments
April 13, 2017
VentureSouth announced several investments the network executed in the first quarter of 2017. The network of angel groups and funds made its largest investment last quarter in TiO Home. TiO…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
VentureSouth announces first quarter investments
April 13, 2017
VentureSouth announced several investments the network executed in the first quarter of 2017. The network of angel groups and funds made its largest investment last quarter in TiO Home. TiO…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
2017 Community Banking Month
March 28, 2017
By Teresa Taylor Executive Director The Independent Banks of SC Where you choose to bank matters. Your choice of bank is your vote on where your money goes. Are…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move, op-ed
2017 Community Banking Month
March 28, 2017
By Teresa Taylor Executive Director The Independent Banks of SC Where you choose to bank matters. Your choice of bank is your vote on where your money goes. Are…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move, op-ed
First Reliance Bank announces new Board Chair
March 20, 2017FLORENCE, SC – First Reliance Bank has announced the appointment of J. Munford Scott, Jr. as Chairman of the Board. Scott has served as a Director of First Reliance Bank…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
First Reliance Bank announces new Board Chair
March 20, 2017
FLORENCE, SC – First Reliance Bank has announced the appointment of J. Munford Scott, Jr. as Chairman of the Board. Scott has served as a Director of First Reliance Bank…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank welcomes Ashley Beebe as new Cane Bay branch manager
March 7, 2017
CresCom Bank, the community-banking leader within the Carolinas, is pleased to welcome Ashley Beebe as its new Cane Bay branch manager. In her role with CresCom Bank, Beebe will be…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
College of Charleston School of Business club to offer free finance classes to the general public
March 1, 2017Students from the College of Charleston School of Business’ Microfinance Club are hosting free finance classes to help community members better plan for their future. Business students with a passion…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
College of Charleston School of Business club to offer free finance classes to the general public
March 1, 2017
Students from the College of Charleston School of Business’ Microfinance Club are hosting free finance classes to help community members better plan for their future. Business students with a passion…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank expands North Charleston branch adding Bob Hiel to team
February 28, 2017
CresCom Bank, the community-banking leader within the Carolinas, is pleased to welcome Bob Hiel as its new mortgage loan originator for the North Charleston branch. Before joining the bank, Hiel…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
New JEDA bonds assist Bishop Gadsden Episcopal Retirement Community
February 28, 2017
Bishop Gadsden Episcopal Retirement Community is using a $11.16 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to refinance earlier bond issues. The Series 2016 tax exempt…
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New JEDA bonds assist Bishop Gadsden Episcopal Retirement Community
February 28, 2017
Bishop Gadsden Episcopal Retirement Community is using a $11.16 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to refinance earlier bond issues. The Series 2016 tax exempt…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
TD Charitable Foundation gives $250,000 to International African American Museum
February 27, 2017
The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank® has provided $250,000 to the International African American Museum’s Center for Family History, where African…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Reliance reports record 4Q16 pre-tax income of $1.4 million
February 21, 2017
FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company for First Reliance Bank, reported fourth quarter 2016 pre-tax profits of $1,441,795. This is the 12th consecutive quarter…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
First Reliance reports record 4Q16 pre-tax income of $1.4 million
February 21, 2017
FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company for First Reliance Bank, reported fourth quarter 2016 pre-tax profits of $1,441,795. This is the 12th consecutive quarter…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
SnapCap announces new credit facility
February 21, 2017
Snap Capital LLC, a leading source of alternative funding to small business, announced that it has secured a significant revolving-to-term credit facility with Old Hill Partners. The proceeds will be…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom bank announces Stacy Craft as new banking officer and loan servicing manager
February 20, 2017
CresCom Bank, the community-banking leader within the Carolinas, has promoted Stacy Craft to the position of banking officer and loan-servicing manager. In her new position, Craft will lead the loan…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
South Carolina Federal Credit Union announces 7th Annual Scholarship Competition
February 1, 2017
South Carolina Federal Credit Union announces its 7th Annual Scholarship Competition. The program provides financial education and community engagement opportunities for 15 to 25 year olds throughout the region. The…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
The Capital Corporation advises Southeastern Dock & Door, LLC on its sale to ASSA ABLOY
February 1, 2017Transaction: The Capital Corporation is pleased to announce the sale of Southeastern Dock & Door (headquartered in Greenville, South Carolina) to ASSA ABLOY (headquartered in Stockholm, Sweden). Southeastern Dock &…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
The Capital Corporation advises Southeastern Dock & Door, LLC on its sale to ASSA ABLOY
February 1, 2017
Transaction: The Capital Corporation is pleased to announce the sale of Southeastern Dock & Door (headquartered in Greenville, South Carolina) to ASSA ABLOY (headquartered in Stockholm, Sweden). Southeastern Dock &…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces closing of public offering of common stock
January 25, 2017
Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced the closing of an underwritten public offering of 1,807,143 shares of its common stock, including 235,714 shares sold…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Dixon Woodward expands role at United Community Bank
January 24, 2017
United Community Bank has expanded the role and responsibilities of Dixon Woodward, who will lead the South Carolina banking operations for the Georgia-based bank. Woodward, a veteran banker who has…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Southern First reports results for 2016
January 24, 2017Southern First Bancshares, Inc. (NASDAQ: SFST) holding company for Southern First Bank, today reported net income available to the common shareholders of $3.3 million, or $0.49 per diluted share, for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First reports results for 2016
January 24, 2017
Southern First Bancshares, Inc. (NASDAQ: SFST) holding company for Southern First Bank, today reported net income available to the common shareholders of $3.3 million, or $0.49 per diluted share, for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Ashley Shuler of United Community Bank Elected President of CREW
January 23, 2017
Ashley Shuler, Branch Manager of United Community Bank in Charleston, has recently been announced as President of Commercial Real Estate Women (CREW) Charleston. Shuler, a thirteen year banking veteran, will…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces pricing of public offering of common stock
January 20, 2017
Carolina Financial Corporation, the parent company of CresCom Bank, announced today that the pricing of an underwritten public offering of 1,571,429 shares of its common stock at a price to…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces proposed offering of common stock
January 20, 2017
Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced that it has commenced an underwritten offering of approximately $40 million of its common stock. The underwriters will…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces proposed offering of common stock
January 20, 2017
Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced that it has commenced an underwritten offering of approximately $40 million of its common stock. The underwriters will…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
A Conversation with Mary Beth Gillis, Midland Mortgage
December 14, 2016
By Alan Cooper The incredible story behind Midland Mortgage, a woman-owned company that has been in business for 34 years. All said and done, Mary Beth Gillis has been…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, conversations
Hunt Mortgage Group opens new office in Charleston
December 9, 2016
Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced it opened an office in Charleston, South Carolina. John Beam, Managing Director, has been tapped…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Promotes Bill Langfitt to Senior Vice President
November 30, 2016
CresCom Bank, the community-banking leader within the Carolinas, is pleased to announce the promotion of Bill Langfitt to senior vice president. Langfitt joined CresCom Bank in March of 2012 as…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank expands team with new hires this November
November 29, 2016
CresCom Bank, the community-banking leader within the Carolinas, introduces new team members to its branches this month. These new members include: Myrtle Beach, S.C. Geordan Miller joins CresCom Bank…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank expands team with new hires this November
November 29, 2016
CresCom Bank, the community-banking leader within the Carolinas, introduces new team members to its branches this month. These new members include: Myrtle Beach, S.C. Geordan Miller joins CresCom Bank…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
The Capital Corporation advises Bradford Industries
November 25, 2016The Capital Corporation is pleased to announce the sale of Bradford Industries, Inc., a Lowell, Massachusetts based producer of coated fabrics and textiles to Wembley Enterprises. Terms of the sale…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
The Capital Corporation advises Bradford Industries
November 25, 2016
The Capital Corporation is pleased to announce the sale of Bradford Industries, Inc., a Lowell, Massachusetts based producer of coated fabrics and textiles to Wembley Enterprises. Terms of the sale…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
United Community Banks, Inc. completes customer conversion with Tidelands Bank
November 21, 2016
Following the merger with Tidelands Bancshares completed July 1, 2016, United Community Bank is pleased to announce that the conversion process for all Tidelands Bank customers is now complete. All…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
SBA approves over $14 million disaster loans in South Carolina
November 16, 2016
The U.S. Small Business Administration has approved more than $14 million in low-interest disaster loans for businesses and residents in South Carolina affected by Hurricane Matthew from Oct. 4 –…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
SBA approves over $14 million disaster loans in South Carolina
November 16, 2016
The U.S. Small Business Administration has approved more than $14 million in low-interest disaster loans for businesses and residents in South Carolina affected by Hurricane Matthew from Oct. 4 –…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
Carolina Financial Corporation announces agreement to acquire Greer Bancshares Incorporated
November 8, 2016
Carolina Financial Corporation announced today the signing of a definitive merger agreement under which Carolina Financial will acquire Greer Bancshares Incorporated (OTC Pink: GRBS) (“Greer Bancshares”). Upon completion of the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces agreement to acquire Greer Bancshares Incorporated
November 8, 2016
Carolina Financial Corporation announced today the signing of a definitive merger agreement under which Carolina Financial will acquire Greer Bancshares Incorporated (OTC Pink: GRBS) (“Greer Bancshares”). Upon completion of the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank announces executive promotions
November 3, 2016Southern First Bank announced two recent executive promotions. Fred Gilmer, III, has been promoted to Executive Vice President and Senior Lender of the Bank. Fred’s leadership role will expand to…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank announces executive promotions
November 3, 2016Southern First Bank announced two recent executive promotions. Fred Gilmer, III, has been promoted to Executive Vice President and Senior Lender of the Bank. Fred’s leadership role will expand to…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
USDA invests in infrastructure improvements in rural South Carolina
November 1, 2016U.S. Department of Agriculture (USDA) Rural Development Under Secretary Lisa Mensah highlighted an innovative public-private partnership in which USDA is investing $10 million to build and improve infrastructure in some…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
USDA invests in infrastructure improvements in rural South Carolina
November 1, 2016U.S. Department of Agriculture (USDA) Rural Development Under Secretary Lisa Mensah highlighted an innovative public-private partnership in which USDA is investing $10 million to build and improve infrastructure in some…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
