TD contributes additional $150,000 to expand support of Hurricane Florence disaster recovery efforts
October 1, 2018
Financial Commitment to Carolinas Totals $250,000 The TD Charitable Foundation, the charitable giving arm of TD Bank, today announced that TD is donating an additional $150,000 to support relief efforts…
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United Community Banks, Inc. President of Community Banking to retire
September 27, 2018United Community Banks, Inc. announced today that President of Community Banking Bill Gilbert will retire effective February 2019, after 18 years with United and 42 years in banking. Gilbert joined…
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United Community Banks, Inc. President of Community Banking to retire
September 27, 2018
United Community Banks, Inc. announced today that President of Community Banking Bill Gilbert will retire effective February 2019, after 18 years with United and 42 years in banking. Gilbert joined…
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TD donates $100,000 to Hurricane Florence disaster relief efforts
September 18, 2018
Funding directed to American Red Cross in Cape Fear and Eastern South Carolina The TD Charitable Foundation, the charitable giving arm of TD Bank announced that TD is donating $100,000…
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SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
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SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018
SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
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Windley joins S.C. Board of Financial Institutions
September 6, 2018
Longtime South Carolina banker John Windley began a four-year term on the South Carolina Board of Financial Institutions Sept. 5. Windley, president of Columbia-headquartered South State Bank, has spent 43…
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Lima One Capital hires Shook as Head of Commercial Lending
September 6, 2018
Lima One Capital, a national specialty finance company that focuses on investment property lending, has named Andrew Shook as Head of Commercial Lending. In this new role, Shook is charged…
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United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
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United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
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Countybank combines operations with B.A. Bennett Insurance
August 27, 2018B.A. Bennett Insurance Will Become Countybanc Insurance Services Countybank is pleased to welcome B.A. Bennett Insurance to the Countybanc Insurance family in a merging of their services. This transition will…
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Countybank combines operations with B.A. Bennett Insurance
August 27, 2018
B.A. Bennett Insurance Will Become Countybanc Insurance Services Countybank is pleased to welcome B.A. Bennett Insurance to the Countybanc Insurance family in a merging of their services. This transition will…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Bank of America grants $7,500 to Spartanburg Community College Foundation for Operation Workforce Training in Cherokee County
August 13, 2018
Cherokee County will receive an economic boost courtesy of a $7,500 Bank of America Foundation grant to the Spartanburg Community College Foundation that will address the area’s regional workforce shortage. Grant…
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The Innovate Fund deploys $21.5 million in new markets tax credits in Spartanburg
August 11, 2018The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation, has allocated $21.5 million in New Markets Tax Credits (NMTC) to two projects in…
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The Innovate Fund deploys $21.5 million in new markets tax credits in Spartanburg
August 11, 2018
The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation, has allocated $21.5 million in New Markets Tax Credits (NMTC) to two projects in…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
CAB Financial Corporation reports its second quarter 2018 results
August 9, 2018CAB Financial Corporation, holding company for Carolina Alliance Bank, reported its second quarter 2018 consolidated financial results. Net income was $2.3 million, or $0.31 per diluted common share, for the…
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Peter G. Shand named to BDC Board
August 8, 2018
Peter G. Shand has been named to the Board of Directors of Business Development Corporation (BDC), the non-bank lender he has served as President of for the past year. He…
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Wicker, Ham join South Carolina Board of Financial Institutions
August 4, 2018
Two longtime bankers began terms on the South Carolina Board of Financial Institutions on Aug. 1. Wayne Wicker, chairman and chief executive officer of Myrtle Beach-based South Atlantic Bank, and Barry…
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United Community Banks, Inc. announces quarterly cash dividend
August 4, 2018
United Community Banks, Inc. (NASDAQ: UCBI) reported that its Board of Directors approved a regular quarterly cash dividend of $0.15 per common share. The dividend is payable October 5, 2018 to shareholders…
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The Capital Corporation advises ProSource, LLC on its partnership with CID Capital
July 30, 2018Transaction: The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana).…
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The Capital Corporation advises ProSource, LLC on its partnership with CID Capital
July 30, 2018
Transaction: The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana).…
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First Citizens Bank, Palmetto Heritage Bancshares, Inc. announce merger agreement
July 26, 2018
First-Citizens Bank & Trust Company (known as First Citizens Bank) and Palmetto Heritage Bancshares, Inc. (“Palmetto Heritage Bancshares”) announced the signing of a definitive merger agreement. Palmetto Heritage Bancshares provides…
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Sharonview Federal Credit Union expanding corporate headquarters within Lancaster County
July 25, 2018
Nationally-ranked credit union investing $42 million in relocation Sharonview Federal Credit Union, a provider of financial services, announced it is relocating and expanding its corporate headquarters in Lancaster County. The…
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Southern First Bank reports second quarter 2018 results
July 24, 2018Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.5 million, or $0.71 per diluted share, for the…
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Southern First Bank reports second quarter 2018 results
July 24, 2018
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.5 million, or $0.71 per diluted share, for the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Tax Advantage Group appoints senior leadership
July 17, 2018Tax Advantage Group (TAG) announces two new leadership appointments. Whitney Ferguson has been promoted to the position of New Markets Tax Credit (NMTC) Program Manager for The Innovate Fund, which TAG manages, and Michael…
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United Community Bank launches not-for-profit financing
July 17, 2018Steve Fenlon to Lead Tax-Exempt Nonprofit Financing Initiative United Community Bank welcomes Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt…
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United Community Bank launches not-for-profit financing
July 17, 2018
Steve Fenlon to Lead Tax-Exempt Nonprofit Financing Initiative United Community Bank welcomes Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt…
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FinTrust hires Kathryn Payne, CERTIFIED FINANCIAL PLANNER™
July 13, 2018
FinTrust Capital Advisors is pleased to announce that Kathryn Payne has been selected for the position of Financial Planner. Payne will be responsible for collecting client data and developing the…
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FinTrust hires Kathryn Payne, CERTIFIED FINANCIAL PLANNER™
July 13, 2018
FinTrust Capital Advisors is pleased to announce that Kathryn Payne has been selected for the position of Financial Planner. Payne will be responsible for collecting client data and developing the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Harton embraces leadership role at United Community Banks, Inc.
July 3, 2018
United Community Banks, Inc. (NASDAQ:UCBI) (“United”) announced today that H. Lynn Harton has assumed the role of United’s CEO, succeeding longtime company leader Jimmy Tallent. In addition to this new…
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Greenwood Capital celebrates Bell’s 33-year career upon his retirement
July 3, 2018
Greenwood Capital honors the 33-year career of J. Philip Bell upon his retirement this week. Bell joined Greenwood Capital Associates, Inc. in June 1985 as an Investment Manager, when the…
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Executives from United Community Bank, Synovus and First Horizon tackle financial industry risks
July 1, 2018
The Upper South Carolina Chapter of The Risk Management Association (RMA) held a forum with three prominent Southeastern banking executives on Wednesday, June 20 in Greenville, S.C. to discuss the…
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Greenville mom wins big in national savings competition sponsored by EARN.org & Commonwealth
June 25, 2018Single mother is awarded $5,000 Grand Prize by EARN.org and Commonwealth, nonprofits that empower financially vulnerable Americans to take charge of their financial lives Savers Win, a nationwide tax season savings…
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United Community Banks, Inc. appoints two new board members, Lance F. Drummond and Jennifer Mann
June 25, 2018
United Community Banks, Inc. (NASDAQ: UCBI) (“United”) announced today that its Board of Directors has appointed Lance F. Drummond and Jennifer Mann to serve as Board members, effective immediately. Mr.…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Greenville mom wins big in national savings competition sponsored by EARN.org & Commonwealth
June 25, 2018Single mother is awarded $5,000 Grand Prize by EARN.org and Commonwealth, nonprofits that empower financially vulnerable Americans to take charge of their financial lives Savers Win, a nationwide tax season savings…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
United Community Banks, Inc. appoints two new board members, Lance F. Drummond and Jennifer Mann
June 20, 2018
United Community Banks, Inc. (NASDAQ:UCBI) (“United”) announced today that its Board of Directors has appointed Lance F. Drummond and Jennifer Mann to serve as Board members, effective immediately. Mr. Drummond…
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Trevor Walling joins United Community Bank as Assistant Vice President
June 18, 2018
United Community Bank welcomes Trevor Walling as Assistant Vice President, Portfolio Specialist. In this role, Walling will facilitate the commercial business financing needs of Spartanburg and Cherokee counties as well…
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Sharonview Federal Credit Union celebrates groundbreaking in Simpsonville
June 15, 2018
Sharonview Federal Credit Union announced their new location in Simpsonville, SC. A groundbreaking ceremony was held on the grounds of Grand Central @ Martin Farms at 10:30 AM on June…
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Sharonview Federal Credit Union celebrates groundbreaking in Simpsonville
June 15, 2018
Sharonview Federal Credit Union announced their new location in Simpsonville, SC. A groundbreaking ceremony was held on the grounds of Grand Central @ Martin Farms at 10:30 AM on June…
Read MorePosted in: upstatebizsc Category: banking-and-finance, construction, on-the-move
Steven Crump named interim VP and chief financial officer
June 12, 2018
Clemson University President James P. Clements announced Monday that Steven H. Crump has been named interim vice president and chief financial officer, effective immediately, as the university begins its search…
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Statewide company named top SBA 504 Lender by the Small Business Administration (SBA)
June 5, 2018
Provident Business Financial Services, Inc. (Provident), has been named #1 SBA 504 Lender in South Carolina by the U.S. Small Business Administration. Provident ranks top in both total number of…
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Statewide company named top SBA 504 Lender by the Small Business Administration (SBA)
June 5, 2018
Provident Business Financial Services, Inc. (Provident), has been named #1 SBA 504 Lender in South Carolina by the U.S. Small Business Administration. Provident ranks top in both total number of…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Frank B. Holding, retired Executive Vice Chairman of First Citizens BancShares, First Citizens Bank, dies
May 30, 2018
Frank Brown Holding, retired executive vice chairman of First Citizens BancShares, Inc. and its First Citizens Bank subsidiary, died May 26, 2018, in Smithfield at age 89. For nearly six…
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Lauren Starks joins Nachman Norwood & Parrott as Senior Wealth Planner
May 22, 2018
Lauren Starks has joined Nachman Norwood & Parrott Wealth Management Consultancy as a Senior Wealth Planner. In her role, Starks oversees the financial planning department and works closely with advisors to help develop…
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Lima One Capital launches “Rental 30 Premier” innovative loan program for single family rental portfolio investors
May 17, 2018
Lima One Capital, a national specialty finance company that focuses on investment property lending, announced today that it has launched an innovative new loan program for portfolio investors that specialize…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
CoastalSouth Bancshares, Inc. and First Citizens Financial Corporation announce merger agreement
May 2, 2018
CoastalSouth Bancshares, Inc. (“CoastalSouth”), the parent company of CoastalStates Bank (“CSB”) and First Citizens Financial Corporation (“FCFC”), the parent company of Foothills Community Bank (“Foothills”), announced the signing of a…
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United Community Banks, Inc. announces first quarter earnings
April 26, 2018
Earnings per diluted share up 42 percent to 47 cents from first quarter 2017 Excluding merger-related and other non-operating charges, diluted operating earnings per share up 28 percent, to 50 cents…
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United Community Banks, Inc. announces first quarter earnings
April 26, 2018
Earnings per diluted share up 42 percent to 47 cents from first quarter 2017 Excluding merger-related and other non-operating charges, diluted operating earnings per share up 28 percent, to 50 cents…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First reports results for first quarter of 2018
April 24, 2018Greenville, SC – Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $5.2 million, or $0.67 per diluted share, for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
