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,…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
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…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, hi-tech-information-tech, on-the-move
Carolina Financial Corporation Reports Results for 2014
January 26, 2015CHARLESTON, SCÂ – 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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Allison Trippe Selected to Lead First Citizens’ Hilton Head Office
January 20, 2015HILTON HEAD, SC – First Citizens today announced that Allison Trippe has been named Vice President and Retail Sales Manager for the company’s Hilton Head branch, located at 2 Northridge Drive.…
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CEO Marks Big Year for Carolina Financial Corporation through Ringing The Nasdaq Stock Market Closing Bell
January 12, 2015CHARLESTON, SC – Carolina Financial Corp. (Nasdaq: CARO) CEO Jerry Rexroad rang The Nasdaq Stock Market Closing Bell today to celebrate the company’s addition to The Nasdaq Capital Market on…
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CresCom Bank Promotes Paula Gore to Branch Manager for its Little River Location
December 22, 2014MYRTLE BEACH, SC –Â CresCom Bank has promoted Paula Gore as its new branch manager for the Little River location. Gore will be responsible for overseeing the day-to-day operations of the…
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CresCom Bank Completes 13 Branch Acquisition
December 15, 2014CHARLESTON, SC – CresCom Bank, the wholly owned bank subsidiary of Carolina Financial Corporation (NASDAQ: CARO), announced that it has completed its acquisition of 13 branches from First Community Bank…
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First Citizens Names New Market Executive for Florence and Surrounding Community
December 10, 2014FLORENCE, SC – First Citizens announced that Brian Fast has been named Vice President and Market Executive for the bank’s Florence market and the surrounding community. In his new role as…
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The Article 6 Marital Trust created under the Jerry Zucker Revocable Trust Purchases Shares of Nordex Explosives Ltd.
December 9, 2014NORTH CHARLESTON, SC – The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07 (the “Trust“) announced today that it has purchased 40,000 common shares of…
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TD Charitable Foundation Awards $2.5 Million in Grants to Non-Profits Focused on Affordable Housing Initiatives
December 3, 2014Twenty-five organizations receive “Housing for Everyone” affordable housing grants to support Neighborhood Preservation and Rehabilitation projects CHERRY HILL, NJ – The TD Charitable Foundation, the charitable giving arm of…
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First Citizens’ Aaron Justice Promoted to Wealth Advisor for Charleston Market
December 3, 2014CHARLESTON, SC – First Citizens announced that Aaron Justice has been promoted to Wealth Advisor for the company’s Charleston market. Justice, who served as a Private Banking Relationship Manager over…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
BNC Bancorp Completes Merger With Harbor Bank Group, Inc.
December 1, 2014CHARLESTON, SC – BNC Bancorp (NASDAQ: BNCN), the parent company of Bank of North Carolina (“BNC” or “the Bank”), announced the successful completion of its merger with Harbor Bank Group, Inc. (“Harbor”),…
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Franklin Funding Vice President is Only Certified Reverse Mortgage Professional in South Carolina
November 26, 2014CHARLESTON, SC – David Heilman, vice president of Franklin Funding Reverse Mortgages, was recertified as a Certified Reverse Mortgage Professional. He is the only professional in the state of South…
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Vince Pace Joins First Citizens’ Agricultural Banking Team
November 18, 2014MARION, SC – First Citizens today announced that Vince Pace has joined the company’s Agricultural Lending Group as Relationship Manager for Marion, Horry, Georgetown, Williamsburg and Clarendon counties. In his…
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First Citizens Announces New South Carolina Leadership Team for Combined Company
November 17, 2014Bryant Named South Carolina Regional Executive Vice President COLUMBIA, SC – First Citizens announced that Sharon Bryant has been named South Carolina Regional Executive Vice President for the combined bank.…
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TD Bank Names Hugh Allen Commercial Real Estate Regional Director for the Carolinas
November 12, 2014GREENVILLE, SC – TD Bank, America’s Most Convenient Bank®, has named Hugh Allen Commercial Real Estate Regional Director for the Carolinas. He is responsible for leading a team of lenders who…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
NBSC Names Green to Board of Directors
November 12, 2014CHARLESTON, SC – NBSC, a division of Synovus Bank, announces the appointment of Toya Hampton Green to its SC Board of Directors. Toya is Special Counsel at Haynsworth Sinkler Boyd,…
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Wells Fargo extends the most SBA loan dollars for small businesses in 2014
November 10, 2014Company approved 10 percent more dollars and 16 percent more units in SBA 7(a) loans to small businesses than a year ago SAN FRANCISCO, CA – For the sixth…
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Tech Veteran Steve Swanson Joins SnapCap as Strategic Investor
November 10, 2014CHARLESTON, SC – SnapCap, a web-based alternative finance company based in Charleston, announced today that Automated Trading Desk Cofounder Steve Swanson will serve as a strategic investor in the expansion…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, hi-tech-information-tech, on-the-move
CresCom Bank Welcomes Three New Team Members this November
November 10, 2014CHARLESTON, SC – This month, CresCom welcomes three new team members to its Lowcountry branches and Operations Department, including Nicole McDermott, Amy Loftin and Wendy Carter. After serving as a…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Caroline Van Hook Receives the 2014 Women to Watch Experienced Leader Award
November 4, 2014GREENVILLE, SC – Elliott Davis, one of the largest accounting, tax and consulting services firms in the Southeast, is pleased to announce that Caroline Van Hook has been named one of 2014’s “Women…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: accounting, banking-and-finance, on-the-move
Caroline Van Hook Receives the 2014 Women to Watch Experienced Leader Award
November 4, 2014GREENVILLE, SC – Elliott Davis, one of the largest accounting, tax and consulting services firms in the Southeast, is pleased to announce that Caroline Van Hook has been named one of 2014’s “Women…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: accounting, banking-and-finance, on-the-move
JEDA Bonds Assist Expansion at Bishop Gadsden Episcopal Retirement Community
November 3, 2014Creates 20 New Jobs and 600 Temporary Construction Jobs, Retains 350 Jobs CHARLESTON, SC – The Bishop Gadsden Episcopal Retirement Community has closed on $56,563,209 in tax-exempt revenue bonds…
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South State Corporation Reports Operating Results of $1.00 per share
October 29, 2014Increases Quarterly Cash Dividend COLUMBIA, SC – October 28, 2014—South State Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and…
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Wells Fargo Announces $243,500 Grant to SC Technical College System
October 28, 201415 technical colleges across the state receive grants to support various programs CHARLESTON, SC – Wells Fargo & Company (NYSE: WFC) announced today that it presented the SC Technical College…
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First Reliance Announces Strong 3rd Quarter Results
October 27, 2014FLORENCE, SC – First Reliance Bancshares, Inc (OTC: FSRL) announced that it had unaudited net income of $4,447,675, or $0.77 per diluted share, for the nine months ended September 30, 2014.  This compares to unaudited…
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BB&T South Carolina President Mike Brenan To Be Honored As Business Leader Of The Year
October 22, 2014COLUMBIA, SC – The South Carolina Chamber of Commerce, the state’s unified voice of business, announced that its 2014 Business Leader of the Year is Mike Brenan, president of BB&T…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, chamber, on-the-move
BB&T South Carolina President Mike Brenan To Be Honored As Business Leader Of The Year
October 22, 2014COLUMBIA, SC – The South Carolina Chamber of Commerce, the state’s unified voice of business, announced that its 2014 Business Leader of the Year is Mike Brenan, president of BB&T…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, chamber, on-the-move
NewBridge Bancorp Announces Expansion into Charleston, S.C., Plans for Full-Service Branch
October 21, 2014Veteran Charleston Banker, Daniel S. Vroon, to Lead Team; Branch Scheduled to Open in Early 2015 CHARLESTON, SC –Â NewBridge Bancorp (NASDAQ: NBBC) (the “Company”) announced today that NewBridge Bank (the…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, construction, on-the-move
JEDA Bonds Refinance Roper St. Francis Projects
October 21, 2014CHARLESTON, SC – CareAlliance Health Services, which does business as Roper St. Francis, leveraged $89,925,000 in low-interest, tax-exempt bonds issued by the South Carolina Jobs-Economic Development Authority (JEDA) to reduce…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, health-care, on-the-move
CresCom Bank Spreads Goodwill, Donates $10,000 to Water Missions International
October 17, 2014CHARLESTON, SCÂ –Â This October, CresCom Bank donated $10,000 to Water Missions International, a nonprofit Christian engineering organization that provides sustainable safe water and sanitation solutions for people in developing countries. The…
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11 Non-profits Showcased at South Carolina Federal Credit Union Foundation Fair
October 15, 2014NORTH CHARLESTON, SC –Â South Carolina Federal Credit Union Foundation is pleased to host eleven nonprofits to showcase the role of corporate giving and power of employee engagement. The event will…
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Santee Cooper announces revenue bond sale
October 10, 2014MONCKS CORNER, SC – Santee Cooper will offer a revenue bond issue  next week of approximately $550 million, with a portion of the 2014CD Series bonds sold through retail outlets…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, energy, on-the-move
Santee Cooper announces revenue bond sale
October 10, 2014MONCKS CORNER, SC – Santee Cooper will offer a revenue bond issue  next week of approximately $550 million, with a portion of the 2014CD Series bonds sold through retail outlets…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, energy, on-the-move
Bank of South Carolina Corporation Announces Third Quarter Earnings
October 10, 2014CHARLESTON, SC – The Bank of South Carolina Corporation, (Nasdaq: BKSC) announced earnings of $1,141,713 or $.25 and $.26 basic and dilutive shares, respectively, for the quarter endedSeptember 30, 2014 – an increase of 7.29% from earnings…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Announces Seven New Team Members
October 1, 2014CHARLESTON, SC – CresCom Bank has added seven new team members this month. They include: Mary Kathryn Alford as the customer service representative for its branch in Socastee, S.C. Paul Astrande as…
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CresCom Bank Names New Senior VP and Manager of Retail Mortgage Operations
October 1, 2014CHARLESTON, SC – CresCom Bank has named Trina Dusenbury its new senior vice president and manager of Retail Mortgage Operations. Prior to joining CresCom Bank, Ms. Dusenbury served as the…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank Announces Jordan Miller as Assistant Vice President
September 29, 2014CHARLESTON, SC – CresCom Bank has announced the promotion of Jordan Miller as its new assistant vice president. Prior to his promotion, Miller joined CresCom Bank in January 2014 as its…
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CresCom Bank Announces Griffin Morrow as Assistant Vice President
September 29, 2014CHARLESTON, SC – CresCom Bank has announced the promotion of Griffin Morrow as its new assistant vice president. Morrow has been with CresCom Bank since June 2006 and most recently served…
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Homeowners Mortgage Welcomes John J. Stahl, III to its Leadership Team
September 15, 2014COLUMBIA, SC – Homeowners Mortgage Enterprises (HME), a full service regional mortgage-banking firm serving the Southeast, is proud to welcome John J. Stahl, III to its  team as Vice President, Retail…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank Welcomes Three New Team Members
September 15, 2014CHARLESTON, SC –Â Â In order to help provide the service its customers have come to expect, CresCom Bank is pleased to name Ann Conlon as its newest floater teller for the…
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CresCom Bank’s David Morrow Appointed to Clemson University Board of Visitors
September 15, 2014CHARLESTON, SC –Â David Morrow, the president and CEO of CresCom Bank, has been appointed to the Clemson University Board of Visitors. Morrow is a 1972 graduate of Clemson University and…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, education, on-the-move







