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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TD Charitable Foundation contributes $50,000 to Greenville Housing Fund
February 19, 2019(from left): Tammy Hoy Hawkins, interim director of the Greenville Housing Fund; Deborah McKetty, president and CEO of Community Works; Renee Lean of Southernside; Lillian Brock Flemming, Greenville city councilwoman;…
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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…
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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…
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SAFE Federal Credit Union names Wayne Keels Director of Continuous Improvement
February 6, 2019
SAFE Federal Credit Union has named Wayne Keels Director of Continuous Improvement, a new position at the credit union. Keels joins us from Discover Financial Services where he most recently led…
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United Community Banks, Inc. and First Madison Bank & Trust announce merger agreement
February 5, 2019
United Community Banks, Inc. and First Madison Bank & Trust announced a definitive agreement for United to acquire First Madison in an all-cash transaction. The transaction has been unanimously approved…
Read MorePosted in: upstatebizsc Category: banking-and-finance, headlines, on-the-move
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…
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United Community Bank named to Forbes List of America’s Best 100 Banks
February 1, 2019
United 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: upstatebizsc 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…
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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…
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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…
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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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United Community Mortgage Services welcomes Brian Johnson
January 2, 2019
United 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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Mutual of Omaha hires Tim Goldman as their new Sales Director
December 17, 2018
Mutual 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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Anna Locke joins Southern First Bank board of directors
December 11, 2018
Southern 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: accounting, banking-and-finance, on-the-move
SimpliPhy receives SC Launch, Inc. investment
December 11, 2018
Greenville-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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, hi-tech-information-tech, on-the-move
United Community Bank Angel Tree provides over 300 holiday gifts to Upstate children
December 10, 2018United Community Bank announced its Upstate branches provided 354 Christmas gifts to local children through its annual Angel Tree program. Participating branches placed Christmas trees in their lobbies with “Be…
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United Community Bank Angel Tree provides over 300 holiday gifts to Upstate children
December 10, 2018
United Community Bank announced its Upstate branches provided 354 Christmas gifts to local children through its annual Angel Tree program. Participating branches placed Christmas trees in their lobbies with “Be…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
VentureSouth announces investment in Sharpen
December 5, 2018
Adding to their already record-breaking year of investments and financial returns, VentureSouth is pleased to announce another new investment. Last week, VentureSouth closed a Series Seed investment in Sharpen, a technology company that provides award-winning…
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Carolina Financial Corporation announces stock repurchase plan
December 4, 2018
Carolina 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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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, 2018
Transaction: 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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VentureSouth announces investment in SENTIO
November 29, 2018
VentureSouth announced its investment in SENTIO, a South Carolina-based software-as-a-service human resource tool. SENTIO’s proprietary platform aims to make the hiring process more effective by discovering what top performers within an…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
GrandSouth Bancorporation completes private placement of $10 million of subordinated notes
November 25, 2018
GrandSouth 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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FinTrust hires Bethany Thompson as Client Service Administrator
November 20, 2018
FinTrust Capital Advisors is pleased to announce that Bethany Thompson has been selected for the position of Client Service Administrator. She will focus on maintaining client relationships and assisting clients…
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Greenville Housing Fund announced The Homeowner Preservation Funding Program
November 15, 2018
The Greenville Housing Fund, an organization that provides innovative funding and investments for affordable and workforce housing, is excited to announce its newest program, The Homeowner Preservation Program (HOPP). With support…
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United Community Banks, Inc. announces quarterly cash dividend increase and a share repurchase program increase
November 12, 2018
United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.16 per common share. The dividend is…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
TD Charitable Foundation supports financial literacy and community service at Greenville Technical College
November 8, 2018(Left to right) Anna McNinch of The Hughes Agency, AmeriCorps member Diamond Boiling, student veteran Aras Van Bibber, Jr., Greenville Tech Foundation Vice President for Advancement Ann Wright, Academic Connections…
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The Innovate Fund provides $13.75 million in new markets tax credits for renovation of Brown Packing
November 1, 2018
Investment will support 32 construction jobs and 396 permanent jobs in non-metropolitan Cherokee County The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation in Greenville, S.C.,…
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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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Tax Advantage Group secures funding for low-income community development project
October 30, 2018Thanks to a financing tool designed to attract private investments to Low-Income Communities, the YMCA of Southwestern Indiana is building a new 80,600-square-foot health and wellness center in downtown Evansville,…
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United Community Advisory Services’ Melissa Ekeberg named to National LPL Advisor Council
October 30, 2018
United 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…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
Tax Advantage Group secures funding for low-income community development project
October 30, 2018
Thanks to a financing tool designed to attract private investments to Low-Income Communities, the YMCA of Southwestern Indiana is building a new 80,600-square-foot health and wellness center in downtown Evansville,…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
TD Bank names David Chapman and Marcel Summermatter Senior Relationship Managers
October 29, 2018Accomplished Commercial Banking Executives to Lead Upstate Team TD Bank, America’s Most Convenient Bank®, has named David Chapman and Marcel Summermatter as Senior Relationship Managers. Chapman and Summermatter will serve…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Bank of America invests over $420,000 to support long-term workforce development in South Carolina
October 29, 2018
Funding 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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TD Bank names David Chapman and Marcel Summermatter Senior Relationship Managers
October 29, 2018
Accomplished Commercial Banking Executives to Lead Upstate Team TD Bank, America’s Most Convenient Bank®, has named David Chapman and Marcel Summermatter as Senior Relationship Managers. Chapman and Summermatter will serve…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Abacus Planning Group announces Kevin Draudt has completed CFP® Certification
October 24, 2018Abacus Planning Group, Inc. announces that Kevin R. Draudt has completed all requirements for the CFP® credential. The CFP® marks identify those individuals who have met the rigorous experience and…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, business-services, on-the-move
United Community Mortgage Services strengthens team with Jason Hultgren
October 24, 2018United Community Bank has announced the addition of industry veteran Jason Hultgren to its growing mortgage team. In his role as Senior Vice President/Director of Mortgage Sales, Hultgren will utilize…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Mortgage Services strengthens team with Jason Hultgren
October 24, 2018
United Community Bank has announced the addition of industry veteran Jason Hultgren to its growing mortgage team. In his role as Senior Vice President/Director of Mortgage Sales, Hultgren will utilize…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Abacus Planning Group announces Kevin Draudt has completed CFP® Certification
October 24, 2018
Abacus Planning Group, Inc. announces that Kevin R. Draudt has completed all requirements for the CFP® credential. The CFP® marks identify those individuals who have met the rigorous experience and…
Read MorePosted in: upstatebizsc Category: banking-and-finance, business-services, on-the-move
VentureSouth on pace for another record year
October 22, 2018
VentureSouth, 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,…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank promotes Dixon Woodward to state leadership role
October 8, 2018
United 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
