BofA raises U.S. minimum hourly wage to $25, increasing starting salary to more than $50K
September 21, 2025CHARLOTTE, NC – Bank of America announced it has raised its U.S. minimum hourly wage to $25 per hour. With the increase, the minimum annualized salary for full-time employees in…
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Charleston County School District achieves ‘AA+’ credit rating from S&P Global Ratings
September 16, 2025
Highest Among School Districts in SC Charleston County School District (CCSD) has earned the highest credit rating issued to a public school district in South Carolina, with S&P Global Ratings…
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The Southern Bank invests in Myrtle Beach: Local branch now open with executive Diane Platt at the helm
September 16, 2025
The Southern Bank, a trusted South Carolina- and Georgia-based community bank for more than 80 years, announce the opening of its newest branch in Myrtle Beach, located at 1312 Professional…
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Coastal States Bank appoints Rhonda Thornton as Chief Retail and Experience Officer
September 9, 2025
Brian Smith as Coastal Regional President, and Jeremy Summerell as Savannah Market President Coastal States Bank (“CSB”) has announced changes to its senior leadership team. The Bank has appointed Rhonda…
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Kris Wild named Chief Investment Officer of Prospera Funds Inc.
September 9, 2025
Industry veteran brings 15 years’ experience to role, overseeing Prospera’s investment platform CHARLESTON, SC – Prospera Funds Inc., a newly formed asset management firm founded by veteran industry executive Michael…
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Coastal States Bank appoints Laura Fraser as Lowcountry Market President
September 8, 2025
Coastal States Bank (“CSB”) has announced the promotion of Laura Fraser to Lowcountry Market President. Laura brings more than 15 years of commercial banking experience to her new role, previously…
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Charleston County School District earns national recognition for budget excellence
August 19, 2025
Becomes the Largest SC Public Agency Recipient Charleston County School District (CCSD) has been awarded the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA), marking the first…
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Pope Flynn achieves Band 1 Banking & Finance ranking for South Carolina in Chambers and Partners USA 2025 Guide
August 18, 2025
Pope Flynn, a law firm concentrating in public finance and governmental law, has achieved a Band 1 Banking & Finance ranking for South Carolina in the 2025 USA Chambers and…
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Failing to Plan in Family Business Succession: Planning to Fail?
August 15, 2025
By Brittany M. Midgette, CFP® Abacus Anyone who has watched the HBO series Succession has seen the challenges of passing along a family business to the next generation. While most…
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Sixty-three bankers graduate after three-year intensive program at South Carolina Bankers School
August 11, 2025The South Carolina Bankers School (SCBS), hosted by the South Carolina Bankers Association, would like to recognize the graduates of the Class of 2025, who received their diplomas in a…
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State Treasurer Curtis Loftis proclaims August as ‘Palmetto ABLE Savings Month’
August 8, 2025
State Treasurer Curtis Loftis proclaimed August as Palmetto ABLE Savings Month to remind South Carolinians about the value and impact of the state’s Palmetto ABLE Savings Program. As part of…
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MUSC launches two new venture funds
August 7, 2025
$30 million to drive health innovation The Medical University of South Carolina (MUSC), through the MUSC Foundation and MUSC Health supporting organizations, has announced the launch of two funds—1824 Health…
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State Treasurer Curtis Loftis announces high credit ratings for South Carolina
August 6, 2025
State Treasurer Curtis Loftis announced that South Carolina has once again had its strong credit ratings reaffirmed by S&P Global, Moody’s, and Fitch Rating Services. “Safeguarding our state’s credit ratings…
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SCRA announces new Member Companies and grant funding
August 5, 2025
IOVue and Sharpvue were accepted as South Carolina Research Authority Member Companies. Advent Innovations, Qatalyst Health, Tikvah Health and Wellness, Treblehook, Realize Ascent Labs, and Ripple Two received new grant…
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Beemok launches start-up pitch competition offering $1M for local companies
July 31, 2025
Applications open today due by September 30 Today, Beemok Capital launched Catalyst, a new initiative designed to fuel early-stage companies across Charleston’s Tri-county area. At its core, Catalyst, is…
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Charleston Southern University announces banking partnership with The Huntington National Bank
July 28, 2025
Collaboration underscores shared commitment to education and community impact Charleston Southern University announced a new partnership with The Huntington National Bank to provide strategic financing, institutional banking services and access…
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Unpacked Leadership Conference announces powerhouse 2025 speaker lineup
July 28, 2025
Global Core Strategies & Consulting, today announced the speaker lineup for the 2025 Unpacked Leadership Conference, featuring Major General Patricia R. Wallace, Colonial Life CEO Tim Arnold, and other transformational…
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Southern First reports second quarter 2025 results
July 22, 2025
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the six months ended June 30, 2025. “Our second quarter results reflect…
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529 updates in ‘One Big, Beautiful Bill’ give South Carolina families even more flexibility for educational savings
July 21, 2025
By State Treasurer Curtis Loftis As administrator of South Carolina’s Future Scholar 529 Plan, I’m happy to share that recent passage of the One Big, Beautiful Bill Act spells good…
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TD Bank awards $100,000 to MUSC Hollings Cancer Center
July 17, 2025MUSC Hollings Cancer Center was awarded a $100,000 grant from TD Bank to expand two initiatives aimed at reducing cancer disparities in South Carolina. Both programs are led by Marvella…
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Sturm elected South Carolina Bankers Association Chairman
July 9, 2025
H. Richard Sturm, regional president of the Carolina’s for Ameris Bank, Mt. Pleasant, SC, has been elected Chairman of the South Carolina Bankers Association (SCBA). He was elected by a…
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SCRA announces new Member Companies and grant funding
July 1, 2025
Carolina Biologics, Make Startups, Thrive Data, and WaterUS were accepted as South Carolina Research Authority Member Companies. Carolina Biologics, Clemson Composite Center, Coastal Carolina University, GreenCape Health, Health Evolve, and Tandem…
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Junior Achievement and BofA drive financial literacy for South Carolina high schoolers
June 25, 2025
Multi-stop JA Finance Park Mobile tour provided students an immersive financial experience Junior Achievement (JA) of Greater South Carolina and Bank of America partnered to deliver financial literacy education to…
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SBA offers disaster relief to South Carolina small businesses, private nonprofits affected by drought
June 24, 2025
Low Interest Disaster Loans Now Available The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in South Carolina…
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Charleston, SC Mayor William Cogswell honors Southern First Bank
June 24, 2025
Southern First Bancshares, Inc. holding company for Southern First Bank, announced that it has been recognized by the City of Charleston with a local proclamation for National Homeownership Month. The…
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Charleston County School District sells $49.3 million in bonds at record-low rate
June 23, 2025
Charleston County School District (CCSD) has successfully sold $49.3 million in general obligation bonds to support the remaining construction costs for four North Charleston school projects: A.C. Corcoran Elementary, Morningside…
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State Treasurer Curtis Loftis names Mark S. Barnes Chief of Staff
June 18, 2025
South Carolina State Treasurer Curtis Loftis today announced the appointment of Mark S. Barnes, MBA, CGFO, as his new Chief of Staff. Barnes brings more than three decades of experience…
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College of Charleston hosts retirement planning class
June 16, 2025
The College of Charleston is excited to offer Retirement Planning Today® classes beginning in July. Retirement Planning Today® is tailored for adults aged 50 to 70, providing the tools and…
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South Carolina maintains coveted Aaa credit rating from Moody’s
June 16, 2025
South Carolina continues to demonstrate strong financial stewardship, as Moody’s Ratings has reaffirmed the state’s Aaa credit rating with a stable outlook. State Treasurer Curtis Loftis announced the positive news…
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Synovus strengthens South Carolina presence
June 10, 2025
Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects…
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SCRA announces new Member Company and grant funding
June 10, 2025
Realize Ascent was accepted as a South Carolina Research Authority Member Company. CarbonCents, Oncoblaze, Torpedo Bio, and Volare Boats received new grant funding. All SCRA Member Companies receive coaching and…
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Abacus Planning Group celebrates 18th CFP® professional as Anne Serrano earns certification
June 9, 2025
Abacus Planning Group, Inc., a fiduciary financial planning firm serving multigenerational families, announces that Anne Serrano has successfully all requirements to earn the Certified Financial Planner® (CFP®) certification. With this…
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Application cycle now open for newly established Housing Our Future Trust Fund
June 3, 2025
Applications are now open for Charleston County’s Housing Our Future Trust Fund, administered in partnership with the SC Community Loan Fund (SCCLF) to help meet local housing needs by providing…
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Ellison Kibler receives national recognition as a Barron’s Top 250 Private Wealth Management Team
June 2, 2025
Ellison Kibler, a prominent private wealth management team based in Columbia, SC, has earned national recognition, being named to the prestigious Barron’s Top 250 Private Wealth Management Teams list for…
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Southern First announces three new appointments to Board of Directors
June 2, 2025Southern First Bancshares, Inc., holding company for Southern First Bank, announced the appointment of three new board members. Jennie Cluverius, Darrin Goss, and Billy McClatchey joined the company and the…
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JEDA issues $75 million in bonds for MUSC medical office expansions
May 15, 2025Berkeley and Charleston Counties The South Carolina Jobs-Economic Development Authority (JEDA) issued $75 million of tax-exempt and taxable bonds (“Bonds”) for the benefit of University Medical Associates (UMA) of the…
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Southern First welcomes Brandon Rich as Executive Director of Market Support
May 15, 2025
Southern First Bancshares, Inc., holding company for Southern First Bank, welcomed Brandon Rich as Executive Director of Market Support and Senior Vice President. Rich has over 25 years of experience…
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Lakeland Capital expands team, reinforcing vertically integrated approach
May 8, 2025Lakeland Capital, a Charleston-based private, multifamily investment company active in select East Coast markets, has expanded its team with four key hires: Teddy Zinsner, Andrew Yancey, Brian Allen and Nick…
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Southern First reports first quarter 2025 results
April 22, 2025
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three months ended March 31, 2025. “We are pleased to report our…
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The Southern Bank taps Charleston-based Ryan Benton for Executive Vice President
April 21, 2025
The Southern Bank announced Ryan Benton as Executive Vice President. The news comes on the heels of M.J. “J.” Huggins III’s recent selection as CEO. Benton will oversee and manage…
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Southern First Founder & CEO Art Seaver awarded Order of the Palmetto
April 15, 2025
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its Founder and CEO Art Seaver was awarded the Order of the Palmetto, the highest civilian honor…
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Southern First promotes Wes Wilbanks to Chief Credit Officer
April 10, 2025
Southern First Bancshares, Inc., holding company for Southern First Bank, announced the promotion of Wes Wilbanks to Chief Credit Officer and Executive Vice President. Wilbanks joined the Southern First team…
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Abacus Planning Group Advisor, Ann Beckwith, appointed to the Board of Directors for Sistercare
April 8, 2025
Abacus Planning Group proudly announces the appointment of Ann Beckwith, CFP® to the board of directors of Sistercare. Sistercare’s philosophy is to empower survivors of domestic violence and their children…
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Ivy Asset Group announces a senior debt investment in Silver Creek Dental Partners
March 27, 2025
Ivy Asset Group, a leading private credit firm based in Charleston, South Carolina, announced that its Ivy Evergreen Fund has closed a debt financing agreement with Silver Creek Dental Partners,…
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Kelly Crawford joins Palmetto State Bank as CFO
March 18, 2025
Kelly Crawford is the new chief financial officer for Palmetto State Bank, a Lowcountry community bank that is now reaching out into South Carolina’s largest markets. He will be helping…
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New market executives take Palmetto State Bank into Greenville and Charleston
March 11, 2025
Othniel Laffitte and Ted Malinowski are the new market executives for Palmetto State Bank, and they are the vanguard of an exciting new venture for the venerable Lowcountry community bank.…
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CEO Andy Westbrook leads Palmetto State Bank as it welcomes new opportunities
March 11, 2025
Andy Westbrook is the new president and CEO of Palmetto State Bank. In this position he will lead a venerable community bank that has faithfully and effectively served customers in…
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Bank of America museums on US® offers free admission March 1st and 2nd
March 3, 2025
WHAT: Bank of America, Merrill and Bank of America Private Bank cardholders can receive FREE general admission to two cultural attractions Saturday and Sunday. Partner institutions, International African American Museum…
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VentureSouth and Vicinity announce joint venture to create the premier platform for local alternative investing
February 26, 2025
VentureSouth and Vicinity announced a powerful new joint venture to create the premier platform for local alternative investing – Vicinity Ventures. Vicinity Ventures combines the strengths of VentureSouth and Vicinity…
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SCRA announces new Member Companies and grant funding
February 4, 2025
Jaya Biosciences and OrthoTract Innovations were accepted as South Carolina Research Authority Member Companies. ElectroWire received new grant funding. All SCRA Member Companies receive coaching and access to SCRA’s Member Benefits and Startup Resources,…
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