Earnings Grow 15.7 Percent at South Atlantic Bancshares, Inc.
July 22, 2015
MYRTLE BEACH, SC –Â 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, 2015
GREENVILLE, 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…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
SCRA Technology Ventures Announces Investments
July 21, 2015SC Launch Board Finalizes Investments for Two South Carolina Companies SUMMERVILLE, SC & GREENVILLE, SC –Â Â 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, 2015
NORTH CHARLESTON, SC –Â 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, 2015
South 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, 2015
CHARLESTON, SCÂ –Â 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, business-services, on-the-move
Southcoast announces 2015 second quarter results
July 12, 2015MT. PLEASANT, SC –Â 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, 2015
CHARLESTON, 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, 2015
By 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, 2015
By 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, 2015
CHARLESTON, 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, 2015
CHARLESTON, 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
South State Bank Announces $100,000 in Support of Families and Charleston Community
June 25, 2015
CHARLESTON, 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, 2015
Grant 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, 2015
Grant 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, 2015
CHARLESTON, SC –Â 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…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, 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
SCRA Technology Ventures Announces Investments
June 12, 2015
SC 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, 2015
CHARLESTON, 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, 2015
CHARLESTON, 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, 2015
The 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…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, economic-development, on-the-move
Rodney E. Druschel Named South Carolina Federal Credit Union Board Chairman
June 2, 2015
N. CHARLESTON, SC –Â 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, 2015
CHARLESTON, 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, 2015
CHARLESTON, 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Wells Fargo Expands Business Banking Team in the Lowcountry
May 26, 2015CHARLESTON, SC –Â Â 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…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
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 –Â 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, 2015
CHARLESTON, 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, 2015
COLUMBIA, 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…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
CresCom Bank Announces New Team Members and Promotions for April
April 15, 2015
CHARLESTON, 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, 2015
CHARLESTON, 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, 2015
CHARLESTON, 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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CresCom Bank’s Jordan Miller Promoted to Vice President
April 6, 2015
CHARLESTON, SC – CresCom Bank’s Jordan Miller has been promoted to the position of vice president. Miller will also continue on as credit department manager, a position he’s held since January 2014…
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Crescom University Instructor Dawn Small Promoted to Assistant Vice President
April 6, 2015
CHARLESTON, SC –Â CresCom Bank, one of the fastest growing banks in the Carolinas, has promoted Dawn Small to the position of assistant vice president, university training consultant. Small first joined…
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Loftis to host Trump, Ashcroft, Fiorina at SFO conference
April 3, 2015CHARLESTON, SC – The State Financial Officers Foundation (SFOF) today announced that businessman and investor Donald Trump, and author Travis Brown, will deliver keynote addresses at its spring meeting on…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
Loftis to host Trump, Ashcroft, Fiorina at SFO conference
April 3, 2015CHARLESTON, SC – The State Financial Officers Foundation (SFOF) today announced that businessman and investor Donald Trump, and author Travis Brown, will deliver keynote addresses at its spring meeting on…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
New JEDA Bonds Fund Porter-Gaud Fine Arts Center Construction
March 31, 2015
Creates 5 New Jobs, Retains 250 Jobs CHARLESTON, SC –Â Porter-Gaud School is using $29.4 million and $6.2 million in tax-exempt and taxable revenue bonds, respectively, from the South Carolina Jobs-Economic…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Treasurer Curtis Loftis Returns $300,000 to State
March 31, 2015Treasurer Curtis Loftis’ belief in efficiency and saving taxpayers’ money has converged into a strategic partnership with Wells Fargo & Company. This partnership has helped the State Treasurer’s Office (STO)…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, government, on-the-move
Treasurer Curtis Loftis Returns $300,000 to State
March 31, 2015
Treasurer Curtis Loftis’ belief in efficiency and saving taxpayers’ money has converged into a strategic partnership with Wells Fargo & Company. This partnership has helped the State Treasurer’s Office (STO)…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, government, on-the-move
Local CresCom Bank Employee Promoted to James Island Branch Manager
March 30, 2015CHARLESTON, SC – This month, local banking leader Bailey Gronbeck has been promoted to branch manager for CresCom Bank’s James Island branch location. In her new position, she will oversee the…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Crescom Bank Adds New Underwriter To Its Retail Mortgage Team
March 26, 2015
MYRTLE BEACH, SC –Â Â CresCom Bank has named Don Hamilton as an underwriter in its Retail Mortgage department, reporting to Trina Dusenbury. In his new position, Hamilton will help evaluate mortgage…
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John Riddick Named Charleston Commercial Market Executive & SVP By Crescom Bank
March 26, 2015
CHARLESTON, SC –Â CresCom Bank has named John Riddick to the position of Charleston commercial market executive and senior vice president. Riddick is well known throughout the Lowcountry region for his…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Santee Cooper kicks off spring Mini-Bond sale
March 25, 2015
MONCKS CORNER, SC – Santee Cooper begins its spring 2015 Mini-Bond sale April 1, offering investors the opportunity to purchase municipal bonds throughout April for as little as $200. Santee…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, energy, on-the-move
Wells Fargo Names Kathy Heffley Regional President for South Carolina
March 25, 2015
COLUMBIA, SC – Wells Fargo & Company (NYSE: WFC) has named Kathy Heffley the regional president for Community Banking in South Carolina. Heffley will report to Community Banking Lead Regional President for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Synovus Receives 19 Greenwich Excellence Awards in Middle Market and Small Business Banking 15 at National Level, Four Regional
March 24, 2015
COLUMBIA, SC –Â NBSC, a division of Synovus Bank, recently announced that Synovus has received 19 national Greenwich Customer Service Excellence awards in Middle Market and Small Business Banking from Greenwich…
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New JEDA Bond Finances Upgrades at South Carolina Aquarium
March 18, 2015
South Carolina Aquarium Retains 135 jobs CHARLESTON, SC –  The South Carolina Aquarium is using $2.7 million in tax-exempt revenue bonds from the South Carolina Jobs-Economic Development Authority (JEDA) to…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Treasurer Curtis Loftis selected to host State Financial Officers national meeting in Charleston
March 11, 2015CHARLESTON, SC – The State Financial Officers Foundation (SFOF) announced that State Treasurer Curtis M. Loftis Jr. will host its national conference in Charleston April 13-14. “Charleston has been called…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, government, on-the-move
