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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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
First Reliance reports record 3Q16 pre-tax income of $1.6 million
October 31, 2016
FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the “Company”) for First Reliance Bank (the “Bank”), reported third quarter 2016 pre-tax profits of $1,592,616. This is…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Ashley Rogers named CresCom Bank’s Assistant Branch Manager/Bank Officer for its Summerville Branch
October 26, 2016
CresCom Bank, the community-banking leader within the Carolinas, is pleased to name Ashley Rogers assistant branch manager/ bank officer for its Summerville branch. Rogers began her career with CresCom Bank…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Quarterly earnings grow 37 ercent at South Atlantic Bancshares, Inc. third quarter performance best in company’s history
October 26, 2016
These figures represent the company’s best quarterly performance in its nine-year history, and a 37.1 percent increase in net income when compared to the third quarter 2015. Net income for…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Wells Fargo donates $225,000 to South Carolina nonprofits for Hurricane Matthew relief
October 24, 2016
Customers may also contribute through ATMs, GoFarTM Rewards Wells Fargo & Company announced today that the company will donate $1.1 million to Hurricane Matthew relief efforts in the U.S. and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo donates $225,000 to South Carolina nonprofits for Hurricane Matthew relief
October 24, 2016
Customers may also contribute through ATMs, GoFarTM Rewards Wells Fargo & Company announced today that the company will donate $1.1 million to Hurricane Matthew relief efforts in the U.S. and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation reports results for third quarter of 2016
October 19, 2016
Carolina Financial Corporation (NASDAQ: CARO) today announced financial results for the third quarter of 2016. Highlights at and for the three months ended September 30, 2016, include: Net income for…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank launches CresCom Financial Services through a partnership with LPL Financial
October 17, 2016
CresCom Bank, the community-banking leader within the Carolinas, now offers access to financial advising as a service to its customers through a partnership with LPL Financial, the largest independent broker/dealer…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
South Carolina Federal celebrates 80th anniversary with free member event
October 14, 2016
South Carolina Federal Credit Union has spent 2016 celebrating 80 years of member service. To top off the festivities, the credit union is inviting members to join them on October…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
South Carolina Federal celebrates 80th anniversary with free member event
October 14, 2016
South Carolina Federal Credit Union has spent 2016 celebrating 80 years of member service. To top off the festivities, the credit union is inviting members to join them on October…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Community Icon, First Reliance Bank, named among top 1% most extraordinary banks in U.S.A
October 5, 2016First Reliance Bank, a local Florence icon, was just named among the top 1 percent most extraordinary banks in the United States by The Institute for Extraordinary Banking™. First Reliance…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Community Icon, First Reliance Bank, named among top 1% most extraordinary banks in U.S.A
October 5, 2016
First Reliance Bank, a local Florence icon, was just named among the top 1 percent most extraordinary banks in the United States by The Institute for Extraordinary Banking™. First Reliance…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
