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…
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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
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…
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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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CresCom Bank’s Jordan Miller Promoted to Vice President
April 6, 2015CHARLESTON, 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, 2015CHARLESTON, SC – 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, 2015Creates 5 New Jobs, Retains 250 Jobs CHARLESTON, SC – 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…
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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, 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 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…
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Crescom Bank Adds New Underwriter To Its Retail Mortgage Team
March 26, 2015MYRTLE BEACH, SC – 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, 2015CHARLESTON, SC – 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…
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Santee Cooper kicks off spring Mini-Bond sale
March 25, 2015MONCKS 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…
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Wells Fargo Names Kathy Heffley Regional President for South Carolina
March 25, 2015COLUMBIA, 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…
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Synovus Receives 19 Greenwich Excellence Awards in Middle Market and Small Business Banking 15 at National Level, Four Regional
March 24, 2015COLUMBIA, SC – 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, 2015South 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…
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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
Treasurer Curtis Loftis selected to host State Financial Officers national meeting in Charleston
March 11, 2015COLUMBIA, 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
South Atlantic Bank Announces Solid Growth in Year-End Earnings
March 8, 2015MYRTLE BEACH, SC – South Atlantic Bancshares, Inc. (the company), parent of South Atlantic Bank, reported net income of $2,004,218 or $0.58per diluted share for the year ended December 31,…
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Blue Acorn Joins Monetate Certified Partners Network
February 26, 2015PHILADELPHIA, PA and CHARLESTON, SC – Monetate, the leading provider of multi-channel personalization to the world’s best brands, announced that premium eCommerce agency, Blue Acorn, has joined its Certified Partners…
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Wells Fargo Picks Charleston as Commercial Hub for Eastern S.C.
February 26, 2015CHARLESTON, SC – Charleston has been selected as the Commercial Banking hub for Wells Fargo (NYSE: WFC) in Eastern South Carolina, where the bank’s business with middle market companies has grown…
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JEDA Revenue Note Finances Medical Equipment at Conway Medical Center
February 24, 2015Retains 1,450 jobs CONWAY, SC – Conway Medical Center is using $20 million from a South Carolina Jobs-Economic Development Authority (JEDA) revenue note to pay for medical equipment and information…
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CresCom Bank Launches New Mobile Banking App
February 10, 2015CHARLESTON, SC – Tired of calling the bank or making a special trip to transfer money into your checking account? Is hanging on to all of those deposit slips keeping…
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Santee Cooper announces 2015 ABCD bond sale
February 4, 2015MONCKS CORNER, SC – Santee Cooper will offer next week a revenue bond issue of between $700 million and $1.2 billion, with some of the bonds sold through retail outlets.…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, energy, on-the-move
Senator Scott to Chair Banking Subcommittee: Scott also receives subcommittee assignments for Finance and HELP committees
January 29, 2015Washington – U.S. Senator Tim Scott (R-SC) has been named Chairman of the Senate Banking, Housing and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. The subcommittee has jurisdiction over…
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Silicon Harbor Startup SnapCap Projects Job Growth, Expansion in 2015
January 29, 2015CHARLESTON, SC – SnapCap, a web-based alternative finance company based in Charleston, announced it will double the size of its team and move into the new Cigar Factory Charleston later…
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Carolina Financial Corporation Reports Results for 2014
January 26, 2015CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO), today announced net income for the year ended December 31, 2014 of $8.3 million, or $1.05 per diluted share. The 2014 results include…
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ServisFirst Bank Announces Expansion in South Carolina Region
January 21, 2015Top Ranked Community Bank Assembles Greater Charleston / Tri-County Leadership CHARLESTON, SC – ServisFirst Bank announces the opening of its 8th region with the addition of its new banking…
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