Statewide company named top SBA 504 Lender by the Small Business Administration (SBA)
June 5, 2018Provident Business Financial Services, Inc. (Provident), has been named #1 SBA 504 Lender in South Carolina by the U.S. Small Business Administration. Provident ranks top in both total number of…
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Statewide company named top SBA 504 Lender by the Small Business Administration (SBA)
June 5, 2018Provident Business Financial Services, Inc. (Provident), has been named #1 SBA 504 Lender in South Carolina by the U.S. Small Business Administration. Provident ranks top in both total number of…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Frank B. Holding, retired Executive Vice Chairman of First Citizens BancShares, First Citizens Bank, dies
May 30, 2018Frank Brown Holding, retired executive vice chairman of First Citizens BancShares, Inc. and its First Citizens Bank subsidiary, died May 26, 2018, in Smithfield at age 89. For nearly six…
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Lauren Starks joins Nachman Norwood & Parrott as Senior Wealth Planner
May 22, 2018Lauren Starks has joined Nachman Norwood & Parrott Wealth Management Consultancy as a Senior Wealth Planner. In her role, Starks oversees the financial planning department and works closely with advisors to help develop…
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Lima One Capital launches “Rental 30 Premier” innovative loan program for single family rental portfolio investors
May 17, 2018Lima One Capital, a national specialty finance company that focuses on investment property lending, announced today that it has launched an innovative new loan program for portfolio investors that specialize…
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CoastalSouth Bancshares, Inc. and First Citizens Financial Corporation announce merger agreement
May 2, 2018CoastalSouth Bancshares, Inc. (“CoastalSouth”), the parent company of CoastalStates Bank (“CSB”) and First Citizens Financial Corporation (“FCFC”), the parent company of Foothills Community Bank (“Foothills”), announced the signing of a…
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United Community Banks, Inc. announces first quarter earnings
April 26, 2018Earnings per diluted share up 42 percent to 47 cents from first quarter 2017 Excluding merger-related and other non-operating charges, diluted operating earnings per share up 28 percent, to 50 cents…
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United Community Banks, Inc. announces first quarter earnings
April 26, 2018Earnings per diluted share up 42 percent to 47 cents from first quarter 2017 Excluding merger-related and other non-operating charges, diluted operating earnings per share up 28 percent, to 50 cents…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First reports results for first quarter of 2018
April 24, 2018Greenville, SC – Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $5.2 million, or $0.67 per diluted share, for…
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Southern First reports results for first quarter of 2018
April 24, 2018Greenville, SC – Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to common shareholders of $5.2 million, or $0.67 per diluted share, for…
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Bob Eno joins United Community Bank as Mortgage Loan Officer
April 20, 2018United Community Bank welcomes Bob Eno as a Mortgage Loan Officer in Greenville, S.C. In this role, Eno will be responsible for origination through closing of mortgage products United offers.…
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Bob Eno joins United Community Bank as Mortgage Loan Officer
April 20, 2018United Community Bank welcomes Bob Eno as a Mortgage Loan Officer in Greenville, S.C. In this role, Eno will be responsible for origination through closing of mortgage products United offers.…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank expands to Greensboro/Triad market
April 17, 2018Joe DePasquale, Melissa Beane and Justin Combs Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Greensboro, North Carolina and the greater Triad…
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Southern First Bank expands to Greensboro/Triad market
April 17, 2018Joe DePasquale, Melissa Beane and Justin Combs Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces its expansion to Greensboro, North Carolina and the greater Triad…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Bank of South Carolina Corporation announces first quarter earnings & dividend
April 11, 2018The Bank of South Carolina Corporation, announced earnings of $1,612,230 or $0.32 basic and diluted per share for the quarter ended March 31, 2018 – an increase of 31.49% from earnings for the quarter ended March 31,…
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Bank of South Carolina Corporation announces first quarter earnings & dividend
April 11, 2018The Bank of South Carolina Corporation, announced earnings of $1,612,230 or $0.32 basic and diluted per share for the quarter ended March 31, 2018 – an increase of 31.49% from earnings for the quarter ended March 31,…
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FinTrust’s Reynolds awarded designation
April 10, 2018FinTrust’s Jennifer Reynolds has been awarded with the CES™ (Certified Estate and Trust Specialist™) designation by the Institute of Business & Finance (IBF). This graduate-level designation is conferred upon candidates…
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Home Works of America receives $50,000 from Wells Fargo
April 10, 2018Home Works of America is pleased to announce a $50,000 investment from Wells Fargo, which will enable the continued expansion of the organization’s mission across South Carolina. Home Works of America provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, non-profit, on-the-move
Home Works of America receives $50,000 from Wells Fargo
April 10, 2018Home Works of America is pleased to announce a $50,000 investment from Wells Fargo, which will enable the continued expansion of the organization’s mission across South Carolina. Home Works of America provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, non-profit, on-the-move
First Reliance Bank names Ben Brazell President South Carolina
April 6, 2018Rapidly growing First Reliance Bank promotes one of its top executives to the position of President of South Carolina. Banking executive Ben Brazell has been promoted to the role of…
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First Reliance Bank names Ben Brazell President South Carolina
April 6, 2018Rapidly growing First Reliance Bank promotes one of its top executives to the position of President of South Carolina. Banking executive Ben Brazell has been promoted to the role of…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
United Community Banks, Inc. announces CEO succession plan
April 2, 2018United Community Banks, Inc. announced that, after almost 35 years of service, its Chief Executive Officer, Jimmy Tallent, will retire from his current position effective June 30, 2018. Mr. Tallent will…
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New Corporate headquarters for Greenwood Capital
March 30, 2018Reinvestment in Uptown Greenwood Continues Greenwood Capital announced its relocation to its newly renovated offices on the first floor of 425 Main St., in the heart of Uptown Greenwood. An…
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TD launches The Ready Commitment to open doors for an inclusive tomorrow
March 29, 2018TD launched The Ready Commitment, a new multi-year program to help individuals and communities prosper. As part of The Ready Commitment, TD will target CDN $1 billion (US $775 million)…
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TD Community Development Corporation receives $60 million New Markets Tax Credits allocation from U.S. Treasury
March 28, 2018The TD Community Development Corporation (TDCDC), a wholly-owned subsidiary of TD Bank, N.A., announced that it received a $60 million New Markets Tax Credits (NMTC) allocation from the U.S. Department…
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United Community Bank gives back to Ronald McDonald House Charities of the Carolinas
March 22, 2018Donation facilitated through sales of gloves and socks at United Community Bank Ice on Main United Community Bank has donated $2,185 to Ronald McDonald House Charities of the Carolinas’ “Adopt-A-Room”…
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Santee Cooper approves $3 million industrial development loan to benefit Oconee County
March 21, 2018Santee Cooper has approved a $3 million loan to the Oconee Economic Alliance (OEA) for a 50,000-square-foot industrial speculative building to help Oconee County attract new businesses and jobs. The…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, economic-development, energy, headlines, on-the-move
NAIFA-SC President-Elect Evelyn Butler of Greenville receives LACP designation
March 19, 2018The National Association of Insurance and Financial Advisors (NAIFA-SC) announced that NAIFA-SC President-Elect, Evelyn Butler, LUTCF, CLTC, has received the NAIFA national Life and Annuity Certified Professional (LACP) certification. The LACP certification recognizes highly…
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Countybank welcomes three new team members in the Upstate
March 14, 2018Tony Lawton, Michael Wooles, and April Prince Join Countybank Countybank announced the addition of three new team members. Tony Lawton has been named Commercial Relationship Manager, Michael Wooles as Senior…
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Following another record year in 2017, VentureSouth kicks off 2018 with a portfolio company exit
March 8, 2018VentureSouth announced record-setting results for a fourth consecutive year in 2017. The South Carolina based angel investment firm invested $4.5 million in 20 Southeastern startups and closed its second co-investment…
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The Capital Corporation advises THG Corporation on its sale to KLX, Inc.
March 7, 2018Transaction: The Capital Corporation announced the sale of THG Corporation (“THG”, headquartered in Northborough, Massachusetts) to KLX, Inc. (“KLX”, headquartered in Wellington, Florida). THG is one of the premier “Tri-Technology”…
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The Capital Corporation advises THG Corporation on its sale to KLX, Inc.
March 7, 2018Transaction: The Capital Corporation announced the sale of THG Corporation (“THG”, headquartered in Northborough, Massachusetts) to KLX, Inc. (“KLX”, headquartered in Wellington, Florida). THG is one of the premier “Tri-Technology”…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank welcomes Nathan Pennoyer as Mortgage Loan Originator
March 6, 2018United Community Bank welcomes Nathan Pennoyer as a Mortgage Loan Originator in Greer, S.C. Pennoyer will work with customers to achieve their goals of home ownership through the various mortgage…
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United Community Bank welcomes Nathan Pennoyer as Mortgage Loan Originator
March 6, 2018United Community Bank welcomes Nathan Pennoyer as a Mortgage Loan Originator in Greer, S.C. Pennoyer will work with customers to achieve their goals of home ownership through the various mortgage…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Annemarie Murphy named President of United Community Bank SBA Division
March 1, 2018United Community Bank announced that lending veteran Annemarie Murphy has been promoted to President of SBA. Murphy has more than 22 years of experience in SBA lending and has been…
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United Community Bank breaks ground at Main & Pine intersection
February 28, 2018United Community Bank has broken ground for their new multi-use development at the major intersection of East Main & South Pine in downtown Spartanburg. The development, which will be anchored…
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J Earle Financial, LLC, financial administrative services firm, launches in Greenville
February 28, 2018J Earle Financial, LLC, opened recently in Greenville under the leadership of F. Jordan Earle. Earle brings more than 25 years of expertise in the financial services industry. Over the…
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J Earle Financial, LLC, financial administrative services firm, launches in Greenville
February 28, 2018J Earle Financial, LLC, opened recently in Greenville under the leadership of F. Jordan Earle. Earle brings more than 25 years of expertise in the financial services industry. Over the…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank named to Forbes List of America’s Best 100 Banks
February 27, 2018United Community Banks, Inc. (NASDAQ: UCBI) (“United”) was recently recognized as one of America’s best performing banks by Forbes magazine for the fifth consecutive year. “America’s Best Banks 2018,” an article written…
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CBL State Savings Bank of Greer, S.C. recognized as a Centennial Business
February 20, 2018Today Secretary of State Mark Hammond officially recognized CBL State Savings Bank of Greer, S.C. (“CBL”) as a South Carolina Centennial Business. This honor is reserved for domestic business entities…
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South State Bank earns National Greenwich Excellence awards
February 16, 2018South State Bank is pleased to announce that it has earned the 2017 Greenwich Excellence Award in five categories for small business banking. South State received two national awards for…
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South State Bank earns National Greenwich Excellence awards
February 16, 2018South State Bank is pleased to announce that it has earned the 2017 Greenwich Excellence Award in five categories for small business banking. South State received two national awards for…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Oconee Federal establishes Loan Production Office in Greenville/Greer
February 14, 2018GREER, S.C.- Oconee Federal Savings and Loan Association (“Oconee Federal”) has expanded its service footprint by opening a Loan Production Office in Greer, South Carolina. The office is located at…
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Oconee Federal establishes Loan Production Office in Greenville/Greer
February 14, 2018GREER, S.C.- Oconee Federal Savings and Loan Association (“Oconee Federal”) has expanded its service footprint by opening a Loan Production Office in Greer, South Carolina. The office is located at…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
United Community Banks, Inc. announces quarterly cash dividend increase
February 11, 2018United Community Banks, Inc. (NASDAQ:UCBI), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5,…
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United Community Banks, Inc. announces quarterly cash dividend increase
February 11, 2018United Community Banks, Inc. (NASDAQ:UCBI), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.12 per common share. The dividend is payable April 5,…
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Wallick Investments’ Fidelis separate account receives 5-star Overall Morningstar RatingTM
February 9, 2018Wallick Investments, LLC’s Fidelis composite received a 5-star Overall Morningstar RatingTM among 398 large-cap value products as of December 31, 2017 – Morningstars’ highest rating for risk-adjusted performance. This is…
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Wallick Investments’ Fidelis separate account receives 5-star Overall Morningstar RatingTM
February 9, 2018Wallick Investments, LLC’s Fidelis composite received a 5-star Overall Morningstar RatingTM among 398 large-cap value products as of December 31, 2017 – Morningstars’ highest rating for risk-adjusted performance. This is…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Tax Credit Marketplace, LLC announces $10 million 2017 Fund closing
February 7, 2018. Greenville, SC-based Tax Credit Marketplace, LLC (“TCM”) announces the successful closing of the 2017 SC Revitalization Tax Credit Fund, LLC (“2017 Fund”). The 2017 Fund invested in 13 qualifying development projects…
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SANDLAPPER Securities, LLC hosts CDS Night with the Greenville Swamp Rabbits
February 7, 2018SANDLAPPER Securities, LLC is proud to present the Center for Developmental Services (CDS) Night at the Greenville Swamp Rabbits game on Tuesday, March 6th at 7:00pm. The Center for Developmental Services…
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