South Carolina Federal merges with Health Facilities Federal Credit Union
March 4, 2020
South Carolina Federal Credit Union officially announced the acquisition of Health Facilities Federal Credit Union in Florence after a member-approved merger in November. South Carolina Federal now boasts 22 locations…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, headlines, on-the-move
AllSouth Federal Credit Union
March 3, 2020
Originally begun in 1960 as Fort Jackson Federal Credit Union, AllSouth Federal Credit Union is a not-for-profit financial cooperative. We proudly serve 8 counties with 23 branches in the Midlands…
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United Community Banks, Inc. appoints Melinda Davis Lux as General Counsel
March 3, 2020
United Community Bank announced that Melinda Davis Lux has joined the company’s executive leadership team as Executive Vice President, General Counsel and Corporate Secretary. Davis Lux will serve as a…
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TD Bank names Steven Hicks Senior Relationship Manager
February 28, 2020
TD Bank has named Steven Hicks as Senior Relationship Manager, serving the Midlands, S.C. market. As Senior Relationship Manager, Hicks is responsible for enhancing existing commercial client relationships by providing…
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South State Bank expands S.C. Private Wealth team
February 27, 2020
South State Bank announced two new team members who will expand the Private Wealth team with their expertise and insight. “Since 1934, South State has been providing customized financial solutions…
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South Carolina Federal CUSO adds insurance agent in Columbia
February 26, 2020
South Carolina Federal Credit Union’s CUSO, SCF Solutions, LLC*, has hired a new insurance agent to serve clients in the midlands region. Todd Pelfrey has joined SCF Solutions as a…
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United Community Bank adds Jonathan Strauss to Columbia team
February 26, 2020
United Community Bank welcomed Jonathan Strauss as a Vice President/Commercial Relationship Manager to its growing Columbia team. “We are happy to have Jonathan join us as we continue to expand…
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Regional Management Corp. announces fourth quarter 2019 results
February 26, 2020
Net income of $15.7 million and diluted earnings per share of $1.38 17.0% revenue growth, driven by 17.4% average finance receivables growth GREENVILLE, SC – Regional Management Corp. (NYSE: RM),…
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SAFE Federal Credit Union opens new branch in Lexington
February 24, 2020SAFE Federal Credit Union celebrated the opening of their newest branch in the Red Bank community of Lexington on February 19. The branch is SAFE’s second in Lexington and expands…
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A Roadmap to Your Savings Journey
February 24, 2020
By Curtis Loftis South Carolina State Treasurer Saving money can be like driving a car. Your desired destination may be near or far, the direction you choose might change,…
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Northwestern Mutual – Charleston wealth management advisor earns Wealth Management Certified Professional® designation
February 19, 2020
Heath Johnson, WMCP®, a wealth management advisor with Northwestern Mutual – Charleston, a leading financial services company, has earned the Wealth Management Certified Professional (WMCP®) designation from The American College…
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Brent Williams named Senior Director of Marketing and Sales Strategies for United Community Bank
February 17, 2020
United Community Bank announced Brent Williams has been promoted to Senior Director of Marketing and Sales Strategies. In this newly created role, Williams will be responsible for the planning and…
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Highest Morningstar Rating for Wallick Investments’ Fidelis
February 16, 2020
Only the top 10% of products in each product category receive 5 stars.* 1 of only 7 RIA firms in SC to receive Morningstar Separate Account Ratings, Wallick Investments, LLC’s…
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Fiscal and economic expert talks about the national Debt at Presbyterian College
February 12, 2020
Fiscal and economic expert Romina Boccia considered three big questions during her recent lecture at Presbyterian College. She asked, “Does the nation’s fiscal situation look good or bad? What does…
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United Community Bank Ranks in Top 25 on Forbes List of America’s Best 100 Banks
February 5, 2020
United Community Banks, Inc. was recently recognized as one of America’s best banks by Forbes magazine for the seventh consecutive year. “America’s Best Banks 2020,” an article written by Antoine…
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New board members elected, community supporters honored at Senior Resources’ 52nd Annual Meeting
February 3, 2020
The Board of Directors at Senior Resources held its 52nd Annual Meeting on January 31, 2020, to celebrate the accomplishments of the past year, elect new board members and recognize the…
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South Carolina Federal selects My Sister’s House as 2020 Charity of Choice
February 2, 2020
My Sister’s House was selected as the 2020 charity of choice for the South Carolina Federal Foundation. The Foundation serves eight non-profits with one rotating, employee nominated non-profit being selected…
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Leading fiscal and economic expert to visit Presbyterian College to discuss the national debt
January 31, 2020
At $22 trillion, the U.S. national debt exceeds the size of the entire economy. That $67,000 per person share of the national debt is larger than a typical family’s total…
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Brenton Mackie joins First Reliance Bank as Regional Executive Midlands, SC
January 30, 2020
Brenton “Brent” Mackie has joined First Reliance Bank as Regional Executive Midlands, South Carolina. Mackie is responsible for the strategic market expansion of First Reliance Bank’s footprint in the Midlands…
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Southern First reports 2019 financial results
January 28, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three-month period and year ended December 31, 2019. 2019 Fourth Quarter Highlights…
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United Community Bank strengthens community banking operations with addition of Keri Wise
January 28, 2020
United Community Bank has announced the addition of Keri Wise as Head of Retail Sales as part of their community banking leadership team. In this newly created role, Wise will…
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South Carolina Federal hosts retirement workshops through CFS*
January 27, 2020
South Carolina Federal Credit Union will host seven complimentary workshops on retirement basics, presented by CUSO Financial Services, L.P. (CFS)*, beginning on February 10. In the workshops, CFS* investment advisors…
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South State and CenterState to combine in merger of equals to create leading southeast regional bank
January 27, 2020
Merger Creates the 8th Largest Bank Headquartered in the Southeast WINTER HAVEN, FL & COLUMBIA, SC – CenterState Bank Corporation, the parent company of CenterState Bank, and South State Corporation,…
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Lima One Capital appoints Josh Craig as Chief Revenue Officer
January 23, 2020
Lima One Capital, the nation’s premier lender for real estate investors, has expanded its executive leadership team and appointed industry veteran Josh Craig as its Chief Revenue Officer. In this…
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United Community Banks, Inc. reports fourth quarter results
January 22, 2020
United Community Banks, Inc. announced its fourth quarter financial results, including strong year-over-year loan and deposit growth, operating efficiency and asset quality. Diluted earnings per share were $0.61, an increase…
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CresCom Bank welcomes Doug Arseneau as Mortgage Loan Originator
January 21, 2020
CresCom Bank, the second largest community bank in North and South Carolina, is pleased to welcome Doug Arseneau as a Mortgage Loan Originator in the Eastern South Carolina market. Based out…
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South Carolina Federal names new Chief Operating Officer and Senior VP of Lending
January 16, 2020
South Carolina Federal Credit Union has named a new Chief Operating Officer and added an employee to its senior management team. Trey Gantt has been promoted to Chief Operations Officer,…
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First Reliance Bank to concentrate resources on Mount Pleasant branch as sole location for the Charleston market
January 16, 2020
In concert with a banking industry trend to concentrate resources on its strongest branch locations, First Reliance Bank has announced that effective May of 2020, it will service the Charleston…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, headlines, on-the-move
SAFE Federal Credit Union gives $1.3 Million back to members
January 13, 2020
Members of SAFE Federal Credit Union received annual bonus dividends and interest rebates on December 31 totaling approximately $1.3 million. The payments were based on members’ account usage. Deposit accounts, including certificates, received…
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Recipient of Servant’s Heart Award chosen as next executive director for Family Promise of the Midlands
January 13, 2020
Jeff Armstrong, an experienced non-profit administrator, has been named executive director of Family Promise of the Midlands. Since 2016, he has served United Way of the Midlands in various capacities:…
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South State Bank names state & regional presidents, adds commercial & treasury talent
January 9, 2020
COLUMBIA, SC – South State Bank announced presidents of North Carolina and Virginia, in addition to two regional presidents. The bank continues to build its Commercial and Treasury teams with…
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New directors elected to AgFirst Farm Credit Bank board
January 9, 2020
AgFirst Farm Credit Bank stockholders have elected two new directors and re-elected three incumbent directors to four-year terms. A new outside director also has been appointed to the board. All…
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Robert Dozier joins First Reliance Bank as Chief Banking Officer
January 7, 2020
Robert Dozier has joined First Reliance Bank as Chief Banking Officer. Dozier is responsible for corporate strategy and the strategic market expansion of First Reliance Bank’s footprint throughout the Carolinas.…
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State Treasurer Curtis Loftis announces new statewide Financial Literacy initiative
January 6, 2020
Goal is to energize and increase number of South Carolina teachers offering personal finance education in their classrooms South Carolina Treasurer Curtis Loftis today announced the launch of the South…
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Regional Management Corp. announces appointment of Manish Parmar as new Chief Credit Risk Officer
January 6, 2020
GREENVILLE, SC -Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced that it has appointed Manish Parmar as its new Chief Credit Risk Officer. His predecessor, Daniel J.…
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Countybank Foundation presents $2,500 to Daily Bread Ministries
January 2, 2020Kevin Duncan, Greer City Executive for Countybank, and Candice Good, Greer Market Administrator, recently presented a check for $2,500 to Daily Bread Ministries during the Merle State Hunger walk event.…
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State Treasurer Curtis Loftis announces Moody’s has affirmed the State’s Aaa credit rating
December 18, 2019
State Treasurer Curtis Loftis announced that Moody’s Investment Services has affirmed South Carolina’s Aaa credit rating. Further the outlook for the state’s rating was deemed stable, given the expectation that…
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South Carolina Federal hires new CFS* investment advisor
December 16, 2019
South Carolina Federal Credit Union has added a new advisor to Investment Solutions, through CUSO Financial Services, L.P. (CFS)*. Michael Dart joins Investment Solutions through CFS* with five years of…
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SC Community Loan Fund earns $500,000 grant from Wells Fargo to spark small business growth
December 13, 2019
Wells Fargo announced a new boost to diverse small businesses in South Carolina with a $500,000 grant to South Carolina Community Loan Fund (SCCLF), focusing on helping small-business owners with…
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WomenInc. Magazine recognizes UCBI Board Members on 2019 Most Influential Corporate Directors list
December 13, 2019
United Community Banks, Inc. announced two members of its Board of Directors – Jennifer Mann and Cathy Cox – were named to WomenInc. Magazine’s 2019 list of Most Influential Corporate…
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COO Kevin Blair appointed Synovus president
December 12, 2019
Synovus Financial Corp. announced Kevin Blair as president, effectively immediately. He will continue in his role as chief operating officer (COO), reporting directly to Synovus Chairman and CEO Kessel Stelling.…
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TD Bank ranks no. 1 in SBA lending in its Maine-to-Florida footprint
December 12, 2019
TD Bank helped more than 2,900 businesses grow in 2019 through its U.S. Small Business Administration (SBA) lending program. TD Bank ranked No.1 for the third consecutive year in total…
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‘Solutiant, a Division of TELECO’ is now TELECO
December 12, 2019
TELECO dissolves the sub-brand to better serve their customers Founded in 1981, TELECO, a Greenville, SC based company with a branch office in Deerfield Beach, FL has been a recognized…
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Diversified Trust names Michael Gragnani as managing principal
December 11, 2019
Comprehensive Wealth Management Firm Expands Leadership Team ATLANTA, GA – Diversified Trust, an independent comprehensive wealth management firm with offices throughout the Southeast and over $7 billion of client assets…
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South Carolina Federal wins a Glassdoor Best Places to Work Award
December 11, 2019
South Carolina Federal Credit Union has been honored with a Glassdoor Employees’ Choice Award, which recognizes the Best Places to Work in 2020 in the U.S. small and medium sized…
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South Carolina Federal to merge with Health Facilities Federal Credit Union
December 9, 2019
South Carolina Federal Credit Union announced an upcoming merger with Health Facilities Federal Credit Union, after an affirmative membership vote held November 21, 2019. South Carolina Federal, at nearly $2…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, headlines, on-the-move
Countybank and Greenwood Capital donate $47,002 to United Way Greenville
December 6, 2019
Countybank and Greenwood Capital donated 47,002 as part of their annual campaign to United Way of Greenville County. Associates from both organizations made personal pledge donations totaling $37,002 as part…
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Mark Freeman joins Synovus as senior middle market banker
December 5, 2019
Mark Freeman has joined Synovus as senior vice president, senior middle market banker. Freeman has more than three decades of banking experience and will focus on meeting the financial needs…
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AllSouth made a difference in the community in 2019
December 4, 2019
AllSouth is dedicated to giving back and making a difference in the communities it proudly serves. In 2019, AllSouth implemented a new volunteer program which offered opportunities for their team…
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Four Northwestern Mutual wealth advisors receive CERTIFIED FINANCIAL PLANNER™ certification
December 3, 2019Northwestern Mutual wealth advisors Luke Brooks, Joe Funderburk, Thiago Pinheiro and Machaka Young have earned the prestigious CERTIFIED FINANCIAL PLANNER™ certification – one of the most respected certifications in financial…
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