United Community Bank establishes Charleston office with experienced Coastal banker
December 8, 2015Dixon Woodward Named Regional President, Coastal South Carolina United Community Bank has significantly expanded their South Carolina operations with the recent opening of an office in Charleston, S.C. Dixon…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
AgFirst Farm Credit Bank announces results of 2015 Director elections
December 3, 2015AgFirst Farm Credit Bank has elected William Robinson of St. Matthews, S.C., as its newest Director. He will serve a four-year term, which will expire Dec. 31, 2019. Directors John…
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CresCom Bank expands, adds three new team members
December 2, 2015CHARLESTON, SC– CresCom Bank, the community bank leader within the Carolinas, has added three new team members to its Charleston and North Myrtle Beach markets. Charleston, S.C. Marie Hartwell joins…
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Amanda Diehl joins CresCom Bank as Vice President and Internal Auditor
December 2, 2015CHARLESTON, SC – CresCom Bank, the community bank leader within the Carolinas, continues its growth with the addition of Amanda Diehl as the bank’s newest vice president/internal auditor. Diehl joins the…
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Carly Fiorina Town Hall hosted by Low Country Chapter of Credit Unions
November 30, 2015NORTH CHARLESTON, SC – The Low country Chapter of Credit Unions is pleased to announce it will be hosting presidential candidate Carly Fiorina for a town hall discussion. The event…
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Carolina Financial Corporation announces proposed offering of common stock
November 30, 2015Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced that it has commenced an underwritten offering of approximately $25 million of its common stock. The underwriters will…
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CresCom Bank adds six members to growing team
November 18, 2015CHARLESTON, SC– CresCom Bank, the leader in community banking throughout the Carolinas, adds six new team members to its growing staff this month. Additions include: Southport, N.C. Michelle Beal joins…
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Future Scholar 529 Program earns Bronze Rating
November 12, 2015COLUMBIA, SC – South Carolina’s Future Scholar 529 College Savings Plan is once again receiving accolades for delivering excellence and value to its customers and the state of South Carolina.…
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Akira Jacobs named 2015 CUaware Protégé Competition winner
November 11, 2015N. CHARLESTON, SC – Akira Jacobs, a benefits coordinator for South Carolina Financial Solutions, was named winner of the 2015 CUaware Protégé Competition, highlighting rising industry professionals, age 35 and under.…
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2016 Top in Tax Educational Survey Results
November 11, 2015Tax Employers Vote on Best Schools and Programs for Students Pursuing a Tax Career MT. PLEASANT, SC – TaxTalent, the career and leadership development portal for tax professionals, announced the…
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First Reliance 3Q15 pre-tax income more than triples
November 2, 2015FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the “Company”) for First Reliance Bank (the “Bank”), reported third quarter 2015 pre-tax profits reached the highest levels…
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CresCom Bank welcomes Katie Matthews as Mortgage Loan Originator
October 28, 2015CHARLESTON, SC – CresCom Bank, the community bank leader within the Carolinas, continues its growth as Katie Matthews joins as its newest mortgage loan originator. After training at CresCom Bank’s Summerville…
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NBSC to provide financial assistance to three organiations for flood recovery
October 25, 2015COLUMBIA, SC – NBSC, a division of Synovus Bank, announced that it will make a cash donation to the Low Country South Carolina Chapter of the American Red Cross, United…
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South State Bank announces Disaster Recovery Loan programs
October 22, 2015COLUMBIA, SC – In response to the recent floods in South Carolina, South State Bank has developed disaster recovery loan programs to provide relief to individuals who live in the communities…
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Carolina Financial Corporation reports results for third quarter of 2015
October 21, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO), today announced net income for the three and nine months ended September 30, 2015. Net income for the three months ended September 30,…
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South Carolina Federal Credit Union hosting free document shredding event
October 20, 2015N. CHARLESTON, SC – South Carolina Federal Credit Union is hosting a free document shredding event on Saturday, October 24, from 9 a.m. – 1p.m., at its Goose Creek financial…
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South Carolina Federal hosts food drive for flood relief
October 19, 2015N. CHARLESTON, SC — South Carolina Federal Credit Union will be hosting a food drive to benefit those impacted by the recent South Carolina flooding. All financial centers will be…
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TD Bank names Matt Simpson Senior Relationship Manager for the Charleston market
October 19, 2015CHARLESTON, SC – TD Bank has named Matt Simpson as Senior Relationship Manager for the Charleston, S.C. market, including the counties of Charleston, Berkeley and Dorchester. He is responsible for…
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South Carolina Federal hosts food drive for flood relief
October 16, 2015NORTH CHARLESTON, SC – South Carolina Federal Credit Union will be hosting a food drive to benefit those impacted by the recent South Carolina flooding. All financial centers will be…
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Wells Fargo is America’s top SBA lender for small businesses in 2015
October 12, 2015U.S. Small Business Administration data shows Wells Fargo approved more SBA 7(a) loan dollars and units than any other lender for 2015 federal fiscal year SOUTH CAROLINA – Wells Fargo &…
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Wells Fargo announces $300,000 donation to Red Cross to aid flood relief efforts
October 7, 2015SAN FRANCISCO, CA – Wells Fargo & Company (NYSE: WFC) announced today that it is making a donation of $300,000 to the American Red Cross to support disaster relief efforts in…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, non-profit, on-the-move
South Carolina Financial Solutions acquires Chastain Insurance Agency
September 28, 2015CHARLESTON, SC – South Carolina Financial Solutions announces the acquisition of the Chastain Insurance Agency. The operation, based in Seneca, South Carolina has been meeting insurance needs in the area…
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Lowcountry Open Land Trust receives $50,000 grant from Wells Fargo
September 25, 2015CHARLESTON, SC – The Lowcountry Open Land Trust recently received a grant for $50,000 to support its work in the Cooper River Corridor Watershed. The Land Trust was one of 61…
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CresCom Bank’s Socastee Branch welcomes Caron Durham as Mortgage Loan Originator
September 23, 2015CHARLESTON, SC – Caron Durham joins CresCom Bank, the community bank leader within the Carolinas, as a mortgage loan originator for its Socastee branch, reporting to Mark Branstrom. In her new…
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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…
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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…
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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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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…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, environmental, on-the-move
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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