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…
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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…
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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…
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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 –…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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
PrimeLending welcomes new hires to Hilton Head, SC branch
October 4, 2016
Dallas-based residential mortgage originator PrimeLending, a PlainsCapital company, announces the addition of two new mortgage loan officers to the PrimeLending branch located at Shelter Cove Lane, Suite 101, Hilton Head…
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United Community Mortgage Services adds Mikell Richards in Charleston Area
September 28, 2016
United Community Mortgage Services welcomed veteran mortgage professional Mikell Richards to its team in Mt. Pleasant, South Carolina as Vice President, Regional Sales Manager for Coastal SC. “We are thrilled…
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CresCom Bank’s Meeting Street branch welcomes Steve Majewski as vice president and commercial loan officer
September 27, 2016
CresCom Bank, the community-banking leader within the Carolinas, welcomed Steve Majewski as new vice president and commercial loan officer for its Meeting Street branch in Charleston. Majewski joins CresCom Bank…
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CresCom Bank secures top honor from Bauer Financial with five-star bank ranking
September 27, 2016
CresCom Bank, the community-banking leader within the Carolinas, announced it has received a five-star bank rating from Bauer Financial, an independent bank analysis and reporting institution. The prestigious five-star rating…
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South Carolina Federal Credit Union receives regulatory approval to expand
September 26, 2016
South Carolina Federal Credit Union, the Lowcountry’s oldest and largest locally owned financial institution, is pleased to announce expansion plans for 2016 and beyond. The $1.5 billion North Charleston based…
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Ameris Bank announces Scott Sylvester as Charleston commercial banker
September 21, 2016
CHARLESTON, SC – Ameris Bank Charleston Market President Charles Hudgens is excited to announce that Scott Sylvester has been named commercial banker in Charleston, S.C. In this role, Sylvester will…
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South Carolina Federal Credit Union named #4 nationally in Credit Union Journal’s “2016 Best Credit Unions to Work For” Rankings
September 14, 2016
South Carolina Federal Credit Union is honored to be recognized nationally by the Credit Union Journal as the #4 credit union in the country for creating a quality workplace for…
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VentureSouth Announces Formation of “VentureSouth Angel Fund II”
September 8, 2016
VentureSouth is excited to announce the formation of its latest sidecar investment fund, VentureSouth Angel Fund II. VentureSouth is an early stage investment firm that operates angel groups and funds in the Carolinas.…
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PrimeLending welcomes Adam Dunn to its Mount Pleasant branch
September 2, 2016
CHARLESTON, SC – Dallas-based residential mortgage originator PrimeLending, a PlainsCapital company, announces the addition of Adam Dunn as a loan originator to the PrimeLending office located at 496 Bramson Court,…
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CresCom Bank’s Litchfield branch welcomes Jackie Black as branch manager/banking officer
August 23, 2016
CHARLESTON, SC – CresCom Bank welcomed Jackie Black as the new branch manager/banking officer for its Litchfield Branch. Black joins the CresCom Bank team from TD Bank (previously Carolina First Bank)…
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Local reverse mortgage firm rebrands with new Reverse Mortgage USA
August 22, 2016
Local Reverse Mortgage Firm Rebrands with New Reverse Mortgage USA CHARLESTON, SC – As part of a rebranding and name change, David Heilman has been named director of sales…
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South Carolina Federal hosts school supply drive for Lowcountry Orphan Relief
August 15, 2016
South Carolina Federal Credit Union will be hosting a school supply drive to benefit Lowcountry Orphan Relief. Charleston-area financial centers will be outfitted with bins for community donations until August…
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The Capital Corporation advises Rowley Company on the acquisition of Fleuron Enterprises, Inc.
August 15, 2016Transaction: The Capital Corporation is pleased to announce that Rowley Company (“Rowley”) acquired Fleuron Enterprises, Inc. (“Fleuron”), a portfolio company of Ancor Partners. Headquartered in Gastonia, North Carolina, Rowley is…
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The Capital Corporation advises Rowley Company on the acquisition of Fleuron Enterprises, Inc.
August 15, 2016
Transaction: The Capital Corporation is pleased to announce that Rowley Company (“Rowley”) acquired Fleuron Enterprises, Inc. (“Fleuron”), a portfolio company of Ancor Partners. Headquartered in Gastonia, North Carolina, Rowley is…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Reliance makes partial redemption of TARP Preferred
August 10, 2016
FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the “Company”) for First Reliance Bank (the “Bank”), announces that it redeemed the final 4,349 shares of its…
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Solar Fintech company launches premier solar loan in South Carolina and North Carolina
August 8, 2016
As the solar market in the Southeastern U.S. booms, BlueWave, a Boston-based Community Solar development and fintech company, has brought its premier solar loan product to North Carolina and South Carolina. Homeowners in North Carolina and South…
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CresCom Bank announces new team members
August 4, 2016
CresCom Bank, the community-banking leader within the Carolinas, welcomes new team members throughout its coastal branches. These include: Charleston, S.C. Seth DuRoss joins CresCom Bank as its human resources generalist,…
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Southern First reports results for second quarter of 2016
July 26, 2016Southern 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 second quarter of 2016
July 26, 2016Southern 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
RBC extends commitment to RBC Heritage and RBC Canadian Open
July 20, 2016
The PGA TOUR, RBC, Golf Canada and the Heritage Classic Foundation jointly announced that RBC has signed six-year extensions as title sponsor of both the RBC Heritage and the RBC…
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SC Angel Network expands rapidly, launches VentureSouth
July 20, 2016
The South Carolina Angel Network (SCAN), one of the largest angel investment organizations in the United States with more than 200 investors, announces the launch of VentureSouth, a new corporate…
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SC Angel Network expands rapidly, launches VentureSouth
July 20, 2016
The South Carolina Angel Network (SCAN), one of the largest angel investment organizations in the United States with more than 200 investors, announces the launch of VentureSouth, a new corporate…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
SnapCap reaches major funding milestone
July 19, 2016
The alternative business loan provider surpassed $200 million in funding for US small businesses SnapCap, a leading alternative business loan provider, announced today that the company has deployed more than…
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Bank of South Carolina Corporation announces second quarter earnings
July 14, 2016
CHARLESTON, SC – The Bank of South Carolina Corporation announced earnings of $1,312,110 or basic and diluted earnings per share of $.27 and $.26, respectively, for the three months ended…
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