South State Corporation Reports Operating Results of $0.92 per share
July 30, 2014
COLUMBIA, SC – South State Corporation (NASDAQ: SSB) released its unaudited results of operations and other financial information for the three-month and six-month periods ended June 30, 2014. Highlights of…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation Reports Results for Second Quarter of 2014
July 21, 2014CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO) today announced that net income for the second quarter of 2014 was $2.2 million, or $.57 per share diluted, and $4.2 million,…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
South Carolina Awards $17.6 Million To Grow Small Businesses With Funds From The U.S. Treasury’s State Small Business Credit Initiative
July 2, 2014New report shows more than $835 million SSBCI funds are supporting small businesses nationwide WASHINGTON, SC – The U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI) released a…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move, uncategorized
South Carolina Awards $17.6 Million To Grow Small Businesses With Funds From The U.S. Treasury’s State Small Business Credit Initiative
July 2, 2014New report shows more than $835 million SSBCI funds are supporting small businesses nationwide WASHINGTON, SC – The U.S. Treasury Department’s State Small Business Credit Initiative (SSBCI) released a…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move, uncategorized
Tyler Wilhoit Joins First Citizens’ Oak Ridge Branch as Retail Sales Manager
July 2, 2014NORTH CHARLESTON, SC – First Citizens today announced that Tyler Wilhoit has been selected to serve as Retail Sales Manager for the bank’s Oak Ridge office, located at 5090 Dorchester Road.…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation Stock Now Listed on NASDAQ
July 1, 2014CHARLESTON, SC – Carolina Financial Corporation (NASDAQ: CARO), the parent company of CresCom Bank, announced today that its public stock has transitioned from the OTCQB marketplace (“OTCQB”) to the NASDAQ…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Expands to Greenville, Names Frierson Upstate Market Leader & Executive VP
June 30, 2014
GREENVILLE, SC – CresCom Bank announced that it has expanded to the Upstate market this week, and has named Scott Frierson as its executive vice president and Upstate market leader. The…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, on-the-move
JEDA Finances Fly Ash Recycling Plant for The SEFA Group, Inc.
June 30, 2014GEORGETOWN, SC – The South Carolina Jobs-Economic Development Authority (JEDA) has issued 40 million dollars in tax-exempt revenue bonds to help The SEFA Group create a coal fly ash recycling facility…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, economic-development, on-the-move
South State Bank New Name for SCBT, NCBT, Community Bank & Trust and The Savannah Bank
June 30, 2014
COLUMBIA, SC – Today, SCBT unveiled new signs and began operating as South State Bank, bringing four of its five bank brands under one unified name. The bank did business as…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South State Bank New Name for SCBT, NCBT, Community Bank & Trust and The Savannah Bank
June 30, 2014
COLUMBIA, SC – Today, SCBT unveiled new signs and began operating as South State Bank, bringing four of its five bank brands under one unified name. The bank did business as…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Citizens Adds Jeff Johnson to its Commercial Banking Group in Charleston
June 30, 2014CHARLESTON, SC – First Citizens today announced that Jeff Johnson has been selected to serve as Commercial Relationship Manager for the bank’s Charleston market. In his new role, Johnson will be…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Adds Two New Members To Its Team In Charleston, S.C.
June 27, 2014
CHARLESTON, SC – CresCom Bank has named John Hardy as its new credit analyst in the Charleston, S.C., area and has announced Zuberi Jackson as the newest member to its Call…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
South Carolina Angel Network establishes angel fund and invests in first SC company
June 26, 2014GREENVILLE, SC – The South Carolina Angel Network (SCAN) had a first closing on its new angel investment vehicle, the Palmetto Angel Fund, on Friday, June 20th. The Palmetto Angel…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Charleston Metro Chamber of Commerce Joins Businesses Across the Country Urging Congress to Reauthorize Ex-Im
June 24, 2014CHARLESTON, SC -The Charleston Metro Chamber of Commerce today joined with organizations from across the country in sending a letter urging Congress to swiftly reauthorize the Export-Import Bank (Ex-Im). The bank, which provides…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Daniel Felder Joins Board of Certified Development Corporation
June 23, 2014GREENVILLE, SC – Daniel Felder, Vice President of Credit Administration at The Palmetto Bank in Greenville, has been named to the Board of Directors of Certified Development Corporation of SC…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Daniel Felder Joins Board of Certified Development Corporation
June 23, 2014GREENVILLE, SC – Daniel Felder, Vice President of Credit Administration at The Palmetto Bank in Greenville, has been named to the Board of Directors of Certified Development Corporation of SC…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Tracey Powers Joins CresCom Bank as New Cane Bay Branch Manager
June 17, 2014
CHARLESTON, SC – CresCom Bank has named Tracey Powers as its new branch manager for the bank’s Cane Bay branch opening mid summer. Prior to joining CresCom Bank, Powers served…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Adds New and Part-Time Employees
June 17, 2014
CHARLESTON, SC – CresCom Bank announced today the addition of four new team members to its Lowcountry branches. Tameka Singleton joins the bank as a customer service representative at Charleston’s…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
First Citizens Bancorporation, Inc. Chairman and CEO Jim B. Apple Announces Retirement
June 11, 2014
COLUMBIA, SC – First Citizens today announced that Jim Apple, chairman and CEO of First Citizens Bancorporation, Inc., headquartered in Columbia, S.C., plans to retire at the time of the bank’s…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Citizens Bancorporation, Inc. Chairman and CEO Jim B. Apple Announces Retirement
June 11, 2014
COLUMBIA, SC – First Citizens today announced that Jim Apple, chairman and CEO of First Citizens Bancorporation, Inc., headquartered in Columbia, S.C., plans to retire at the time of the bank’s…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Citizens BancShares and First Citizens Bancorporation Announce Merger Agreement
June 10, 2014COLUMBIA, SC – First Citizens BancShares, Inc. (Nasdaq:FCNCA) and First Citizens Bancorporation today announced the signing of a definitive merger agreement. The agreement provides for the merger of Columbia, S.C.-based First Citizens Bancorporation and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Robert E. Bendetti Jr. Named Volunteer Advisor to South Carolina Federal Credit Union
June 5, 2014N. CHARLESTON, SC— South Carolina Federal Credit Union has selected Robert E. Bendetti Jr. to serve as the newest Volunteer Advisor to its Board of Directors. The Volunteer Advisor program exists…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Matt Alexander Joins Supervisory Committee at South Carolina Federal Credit Union
June 5, 2014N. CHARLESTON, SC — South Carolina Federal Credit Union’s Board of Directors appointed Matt Alexander as its newest member of the Supervisory Committee. The Supervisory Committee provides assurance that credit union policies,…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Transportation Sales Tax Programs See 155.4% ROI
May 29, 2014CHARLESTON, SC – The transportation sales tax programs in Charleston, Berkeley and Dorchester Counties have resulted in a 155.4% return on investment according to a study released by the Charleston Metro Chamber…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, government, on-the-move, transportation
TD Charitable Foundation Supports Carolina Non-Profits with $138,800 in Grants
May 29, 2014
CHARLESTON, SC – The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, donated $138,800 to non-profit organizations in North and South Carolina from February through…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, non-profit, on-the-move
TD Charitable Foundation Supports Carolina Non-Profits with $138,800 in Grants
May 29, 2014COLUMBIA, SC – The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, donated $138,800 to non-profit organizations in North and South Carolina from February through…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Veronika Rachel Selected to Lead First Citizens’ Carolina Forest Branch
May 29, 2014
MYRTLE BEACH, SC – First Citizens today announced that Veronika Rachel has been selected to serve as Retail Sales Manager for the bank’s Carolina Forest office, located at 4040 River Oaks…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Westbrook Named Director of Risk Management
May 23, 2014COLUMBIA, SC – SCBT announced today that L. Andrew Westbrook, III, who has served as regional president for the bank’s Foothills Region since 2012, has been named director of risk…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
BDC & CDC Annual Meeting Bank Awards
May 22, 2014COLUMBIA, SC – BDC & CDC Annual Meeting Bank Awards Six South Carolina banks were recognized during the 2014 annual meetings of Business Development Corporation (BDC) and Certified Development Corporation (CDC).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
BDC & CDC Annual Meeting Bank Awards
May 22, 2014COLUMBIA, SC – BDC & CDC Annual Meeting Bank Awards Six South Carolina banks were recognized during the 2014 annual meetings of Business Development Corporation (BDC) and Certified Development Corporation (CDC).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move, uncategorized
Maggi Bryant Joins First Citizens as Vice President and Retail Sales Manager
May 21, 2014
ST. GEORGE, SC – First Citizens today announced that Maggi Bryant has been selected to serve as Retail Sales Manager and Vice President for the company’s St. George location. In her…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
CresCom Bank Expands Team, Adds Five New Team Members
May 21, 2014
CHARLESTON, SC – This month, CresCom Bank has added five new team members to its Lowcountry branches and Operations Department, including Jolie Sturm, Brad Gorman, Lichiron Johnson, Austin Dalton and…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
South Carolina Electric & Gas Company Announces Debt Offering
May 21, 2014
CAYCE, SC – South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $300 million principal amount of its First…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, energy, on-the-move
South Carolina Electric & Gas Company Announces Debt Offering
May 21, 2014
CAYCE, SC – South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), announced today that it sold, in a negotiated offering, $300 million principal amount of its First…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, energy, on-the-move
Wells Fargo Survey: Small Business Optimism Continues to Slowly Improve
May 20, 2014CHARLESTON, SC – Small business optimism continues to improve, and business owners are feeling more positive about the year ahead, according to the latest Wells Fargo/Gallup Small Business Index. Overall, optimism…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo Survey: Small Business Optimism Continues to Slowly Improve
May 20, 2014COLUMBIA, SC – Small business optimism continues to improve, and business owners are feeling more positive about the year ahead, according to the latest Wells Fargo/Gallup Small Business Index. Overall,…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Federal Credit Union Awards $7,500 in Scholarships
May 13, 2014NORTH CHARLESTON, SC – South Carolina Federal Credit Union awarded $7,500 in scholarship prizes to three students. Ariel Jackson received the 1st Place prize of $4,000. Jackson attends West Ashley High…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Former Commerce Secretary Joe Taylor, key partners announce creation of Southland Capital
May 13, 2014COLUMBIA, SC – A new merchant bank and advisory firm has been created to serve the private equity market in South Carolina. The firm, Southland Capital Partners, and will be…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Former Commerce Secretary Joe Taylor, key partners announce creation of Southland Capital
May 13, 2014COLUMBIA, SC – A new merchant bank and advisory firm has been created to serve the private equity market in South Carolina. The firm, Southland Capital Partners, and will be…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Union CEO Re-Elected to Chair First Carolina
September 4, 2012NORTH CHARLESTON, SC – September 4, 2012 – Scott Woods, President and CEO of South Carolina Federal Credit Union, has been re-elected Chairman of the Board of Directors for the…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
First Federal names Robinson Senior Banking Executive
August 29, 2012CHARLESTON, SC – August 29, 2012 – Janice N. Robinson has been named the Senior Banking Executive leading First Federal initiatives in the Hilton Head Island and Bluffton communities. In addition…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
Coastal Banking Company Reports Second Quarter 2012 Results
August 15, 2012BEAUFORT, SC – August 15, 2012 – Coastal Banking Company Inc. (OTC: CBCO), the holding company of CBC National Bank, which operates branches in Beaufort and Port Royal, S.C., Fernandina…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
100 Million E-Receipts Sent from Wells Fargo ATMs
August 13, 2012E-receipt option now available in Wells Fargo stores across the countrySAN FRANCISCO – August 13, 2012 – Wells Fargo & Company (NYSE: WFC)announced that just two years after introducing an…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
SCBT Financial Corporation and The Savannah Bancorp, Inc. to Merge
August 8, 2012SAVANNAH, GA – August 8, 2012 – SCBT Financial Corporation (NASDAQ: SCBT) and The Savannah Bancorp, Inc. (NASDAQ: SAVB) jointly announced today the signing of a definitive merger agreement under…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
NBSC and Synovus Bank Launch New Prepaid Card
August 7, 2012The Synovus Connections Card now available at all bank branches COLUMBIA, SC – August 7, 2012 – NBSC, a division of Synovus Bank,announces the availability of its prepaid Synovus Connections…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
Easier to Understand Disclosure Forms now Available for TD Bank Savings Accounts
August 6, 2012TD Bank is the first major bank in the U.S. to provide access to simple and transparent disclosure forms for savings accounts CHERRY HILL, NJ and PORTLAND, Maine – August 6,…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
False Perceptions of Credit Counseling Keep Consumers From Seeking Assistance
August 6, 2012N. CHARLESTON, SC – AUGUST 6, 2012 – The July poll hosted on the National Foundation for Credit Counseling (NFCC) website revealed that consumers have false perceptions about credit counseling…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
Credit Union Sponsors BIZ Camp for Young Entrepreneurs
July 27, 2012CHARLESTON, SC – July 27, 2012 – South Carolina Federal Credit Union partnered with Paul Smith of BIZ Camp to host free entrepreneur camps for high school students for two…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
Credit Unions Support Lowcountry Orphan Relief
July 26, 2012N. CHARLESTON, SC – July 25, 2012 – The Charleston Chapter of Credit Unions raised more than $2,700 and collected school supplies and clothes during a Back-to-School Drive benefitting Lowcountry…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
Wells Fargo Launches South Carolina Technical College Grant Program
July 25, 2012Establishes $325,000 grant program to support workforce development COLUMBIA, SC – July 25, 2012 – Wells Fargo & Company (NYSE: WFC)announced today a statewide technical college grant program aimed atawarding $325,000…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance
