CresCom Bank taps local talent & adds four new team members
September 23, 2015CHARLESTON, SC – CresCom Bank, the leader in community banking throughout the Carolinas, adds four new team members to its growing staff this month. Additions include: Greenville, S.C. Cameron Lemere…
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CresCom Bank’s first Greenville branch location now open
September 8, 2015Community bank leader now operates 27 branches throughout the Carolinas CHARLESTON, SC – CresCom Bank, the leader in community banking throughout the Carolinas, has officially opened its doors to the…
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TD Bank names Scott Sharp regional vice president for South Coast Market
September 5, 2015CHARLESTON, SC – TD Bank, America’s Most Convenient Bank®, has named Scott Sharp as regional vice president for its South Coast Market, a region that spans from Charleston to Hilton Head…
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David H. Harper Joins South Carolina Federal Credit Union
August 17, 2015N. CHARLESTON, SC – David Harper has joined South Carolina Federal Credit Union as Senior Business Services Officer. Harper brings over 15 years of business lending and banking experience to South…
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Stewart joins Reverse Funding as a Reverse Mortgage Specialist
August 10, 2015Stewart will focus on HECM business in the Charleston, SC area CHARLESTON, SC – Reverse Mortgage Funding LLC announced that it has hired George Stewart as a Reverse Mortgage Loan…
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Stewart joins Reverse Funding as a Reverse Mortgage Specialist
August 10, 2015Stewart will focus on HECM business in the Charleston, SC area CHARLESTON, SC – Reverse Mortgage Funding LLC announced that it has hired George Stewart as a Reverse Mortgage Loan…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Franklin & Associates’ Barbara Franklin Marks 25 Years in Industry
August 7, 2015CHARLESTON, S.C. – A pioneer in the local long-term care industry, this month Barbara Franklin celebrates 25 years as a long-term care specialist. Franklin began her career on Aug. 10,…
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South Carolina Federal Hosts School Supply Drive for Lowcountry Orphan Relief
August 3, 2015N. CHARLESTON, SC – 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…
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SCANA reports financial results for second quarter 2015
August 1, 2015CAYCE, SC – SCANA Corporation (NYSE: SCG) announced earnings for the second quarter of 2015 of $99 million, or earnings per share of 69 cents, compared to $96 million, or…
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SCANA reports financial results for second quarter 2015
August 1, 2015CAYCE, SC – SCANA Corporation (NYSE: SCG) announced earnings for the second quarter of 2015 of $99 million, or earnings per share of 69 cents, compared to $96 million, or…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, energy, on-the-move
First Reliance announces strong 2nd quarter results
July 31, 2015FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL) announced that it had net income of $7.0 million for the quarter ended June 30, 2015. This compares to a net…
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First Reliance announces strong 2nd quarter results
July 31, 2015FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL) announced that it had net income of $7.0 million for the quarter ended June 30, 2015. This compares to a net…
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Synovus Announces 2015 Jack Parker Scholarships
July 29, 2015CHARLESTON, SC– Synovus, the Columbus, Georgia-based financial services company, announced its 2015 Jack Parker Scholarship recipients. This year, 104 scholarships totaling $132,000 were awarded to children of Synovus team members…
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SC Angel Network Makes Three New Investments
July 27, 2015COLUMBIA, SC – The South Carolina Angel Network (SCAN) announced three new investments made by the organization’s statewide network of angel groups. SCAN, a professionally-managed network of over 200 angel…
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South Carolina Federal Credit Union Awards $7,500 in Scholarships
July 27, 2015N. CHARLESTON, SC – South Carolina Federal Credit Union awarded $7,500 in scholarship prizes to three area students. Megan Hunt received the 1st place prize of $4,000. Hunt is a…
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Earnings Grow 15.7 Percent at South Atlantic Bancshares, Inc.
July 22, 2015MYRTLE BEACH, SC – South Atlantic Bancshares, Inc. (the company), parent of South Atlantic Bank, today reported net income of $1,017,339 or $0.29 per diluted share for the six months ended…
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Distinguished South Carolina Banking Executive Craig Robinson Joins CresCom Bank
July 21, 2015GREENVILLE, SC – CresCom Bank, the leader in community banking throughout the Carolinas, announced Craig Robinson has joined the organization as vice president and business development officer for its Upstate…
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SCRA Technology Ventures Announces Investments
July 21, 2015SC Launch Board Finalizes Investments for Two South Carolina Companies SUMMERVILLE, SC & GREENVILLE, SC – SCRA Technology Ventures’ SC Launch Board recently finalized investments for two South Carolina-based companies. Charleston-area…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, hi-tech-information-tech, on-the-move
Palmetto Scholars Academy Finances North Charleston School With JEDA Bonds
July 21, 2015NORTH CHARLESTON, SC – Palmetto Scholars Academy (PSA) is using $8.5 million in bonds issued through the South Carolina Jobs-Economic Development Authority (JEDA) to build a new facility in North Charleston.…
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South Carolina Federal Credit Union hosting free document shredding event
July 15, 2015South Carolina Federal Credit Union is hosting a free document shredding event on Saturday, July 18th, from 9 a.m. – 1p.m., at its Glenn McConnell financial center, located at 3460…
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Financial Technology Industry Veteran Mike Gianoni Joins SnapCap Board of Advisors
July 14, 2015CHARLESTON, SC – SnapCap, a web-based provider of alternative business loans headquartered in Charleston, announced today that Blackbaud Chief Executive Officer Mike Gianoni will serve on SnapCap’s board of advisors to help…
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Southcoast announces 2015 second quarter results
July 12, 2015MT. PLEASANT, SC – Southcoast Financial Corporation (NASDAQ:SOCB) announced that it had unaudited net income of $873,000, or $0.12 per basic share, for the quarter ended June 30, 2015. This compares…
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CresCom Bank names Jean Chestnut Vice President of the Collections Department
July 8, 2015CHARLESTON, SC – CresCom Bank, the leader in community banking throughout the Carolinas, has named Jean Chestnut the vice president of its Collections Department. Chestnut has been with CresCom Bank…
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What financial documents should you keep, and for how long?
July 6, 2015By J. Abigail Mason Many of us are not sure how long to retain certain financial records; consequently, we often end up keeping boxes of documents that take up…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: advice, banking-and-finance
What financial documents should you keep, and for how long?
July 6, 2015By J. Abigail Mason Many of us are not sure how long to retain certain financial records; consequently, we often end up keeping boxes of documents that take up…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: advice, banking-and-finance
Bank of South Carolina Corporation Declares Dividend
June 25, 2015CHARLESTON, SC – The Board of Directors of Bank of South Carolina Corporation, (NASDAQ: BKSC) the parent Company for The Bank of South Carolina, declared a quarterly dividend of $.13 per share. …
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South State Bank Announces $100,000 in Support of Families and Charleston Community
June 25, 2015CHARLESTON, SC – South State Bank announced today that it is donating $100,000 toward efforts supporting the Mother Emanuel AME Church victims’ families and the future of the Charleston community.…
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South State Bank Announces $100,000 in Support of Families and Charleston Community
June 25, 2015CHARLESTON, SC – South State Bank announced today that it is donating $100,000 toward efforts supporting the Mother Emanuel AME Church victims’ families and the future of the Charleston community.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo Donates $100,000 to Support Victims, Families and Emanuel AME Church
June 25, 2015Grant to Palmetto Project will also support local initiatives focused on diversity and inclusion CHARLESTON, SC – Wells Fargo announced that the company will donate $100,000 to the Palmetto Project in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo Donates $100,000 to Support Victims, Families and Emanuel AME Church
June 25, 2015Grant to Palmetto Project will also support local initiatives focused on diversity and inclusion CHARLESTON, SC – Wells Fargo announced that the company will donate $100,000 to the Palmetto Project in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation Board of Directors Approves a 20% Stock Dividend
June 22, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors declared a six-for-five stock split representing a 20% stock dividend to stockholders of record as of…
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SCRA Technology Ventures Announces Investments
June 12, 2015SC Launch Board Finalizes Investments for Two Columbia Companies SUMMERVILLE, SC – SCRA Technology Ventures’ SC Launch Board recently finalized investments for two South Carolina companies. Pandoodle and TerraStride, both…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, hi-tech-information-tech, on-the-move
SCRA Technology Ventures Announces Investments
June 12, 2015SC Launch Board Finalizes Investments for Two Columbia Companies SUMMERVILLE, SC – SCRA Technology Ventures’ SC Launch Board recently finalized investments for two South Carolina companies. Pandoodle and TerraStride, both…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, hi-tech-information-tech, on-the-move
CresCom Bank Adds New Members to the Community Bank’s Team
June 10, 2015CHARLESTON, SC – CresCom Bank, the leader in community banking throughout the Carolinas, has added new team members this month. These new additions include: Shallotte, N.C. Keywanna Gause joins the bank…
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RiskSpan Harnesses Big Data Hiring Ramesh Mugalam and Opening COE in Charleston, SC
June 10, 2015CHARLESTON, SC – To address opportunities in data management and business intelligence, RiskSpan, Inc. (www.riskspan.com) announced it has hired Ramesh Mugalam to lead its Data Management-Advanced Analytics Practice and has…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, hi-tech-information-tech, insurance, on-the-move
Diocese of Charleston Leverages JEDA Bonds for Columbia, Ridgeland Schools
June 10, 2015The schools employ 71 employees; the projects will create six new jobs CHARLESTON, SC – The Catholic Diocese of Charleston is financing major school projects in Columbia and Ridgeland…
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Rodney E. Druschel Named South Carolina Federal Credit Union Board Chairman
June 2, 2015N. CHARLESTON, SC – Rodney E. Druschel, CPA was recently elected Chairman of the Board of Directors at South Carolina Federal Credit Union, a $1.3 Billion credit union headquartered in North…
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CresCom Bank and the College of Charleston’s Department of Hospitality and Tourism Management Name Recipients of Annual Hospitality Business Plan Competition
June 1, 2015CHARLESTON, SC – CresCom Bank, in conjunction with the College of Charleston’s Department of Hospitality and Tourism Management (HTMT), have selected four winning teams from its annual Hospitality Business Plan competition.…
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CresCom Bank Expands Team with New Hires this Spring
June 1, 2015CHARLESTON, SC – CresCom Bank, the leader in community banking throughout the Carolinas, has expanded its team this spring with four new members. CresCom Bank has added Rachel Dunn to its…
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Wells Fargo Expands Business Banking Team in the Lowcountry
May 26, 2015CHARLESTON, SC – Wells Fargo & Company announced today that Tradd Rodenberg has been named Business Banking Manager covering the Lowcountry market. Based in Charleston, he is responsible for identifying, acquiring…
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Carolina Financial Corporation Appoints New Chairman to its Board of Directors
May 18, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO) announced today the appointment of G. Manly Eubank as chairman of its Board of Directors. Eubank will fill this position effective April 29,…
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Wells Fargo Expands Business Banking Team in Charleston
May 13, 2015CHARLESTON, SC – Wells Fargo & Company (NYSE: WFC) announced today that Elizabeth Wooten Burwell has been named Business Banking Manager covering the Charleston metro market. Based in Charleston, she is…
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American Banker Ranks Carolina Financial Corporation #1 on its Annual List of Top 200 Publicly Traded Community Banks
May 12, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO) was #1 on American Banker’s list of Top 200 Publicly Traded Community Banks and Thrifts with assets less than $2 Billion as ranked by…
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Federal Capital Partners And Roi-Tan Investments Sign Multiple Leases At Cigar Factory In Charleston, SC
May 6, 2015CHARLESTON, SC – Federal Capital Partners® (FCP) and Roi-Tan Investments, LLC (Roi-Tan) have announced the signing of more than 22,000 square feet of new leases at the Cigar Factory, a redevelopment…
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Carolina Financial Corporation Board of Directors Approves Quarterly Cash Dividend for Q1, 2015
May 6, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO) announced today that its Board of Directors approved a quarterly cash dividend of $0.03 per share on April 29, 2015. The dividend…
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First Citizens Announces New Regional Leadership Roles
May 5, 2015RALEIGH, NC – First Citizens Bank announced today new regional leadership positions for four of its top executives. “These veteran bankers bring many years of exemplary service and experience to their new roles…
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South State Corporation Announces the Acquisition of 13 Branches
April 22, 2015COLUMBIA, SC – South State Corporation announced today that it has entered into an agreement to purchase 12 South Carolina branch locations and one Georgia branch location from Bank of…
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CresCom Bank Announces New Team Members and Promotions for April
April 15, 2015CHARLESTON, SC – In order to continue striving to towards providing superior quality service in all of its branch locations, CresCom Bank is pleased to welcome four new team members and announce the…
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CresCom Bank Names Ryan Benton VP & Commercial Loan Officer
April 15, 2015CHARLESTON, SC – CresCom Bank, one of the fastest growing banks within the Carolinas, has added Ryan Benton as vice president and commercial loan officer to the Mount Pleasant branch, reporting to…
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Jeff Fleming Joins CresCom Bank as VP & Commercial Loan Officer
April 6, 2015CHARLESTON, SC – CresCom Bank, one of the fastest growing banks within the Carolinas, has named Jeff Fleming as vice president and Summerville City Executive, reporting to John Riddick. In his new…
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