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…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, non-profit
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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move
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.,…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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,…
Read MorePosted in: midlandsbiz, 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
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
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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
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
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
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
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move
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…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
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).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
