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AllSouth annual Soldiers and Vets Charity Golf Tournament raises $7,500

 

AllSouth Federal Credit Union raised $7,500.00 for Friends of Fisher House, Columbia, South Carolina. The funds were raised during their 23rd annual Soldiers & Vets Charity Golf Tournament which took place Thursday, May 16 at Golden Hills Golf & Country Club in Lexington, South Carolina. Their annual golf tournament is dedicated to bringing awareness to…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move, philanthropy

State Treasurer Curtis Loftis welcomes new members to S.C. Board of Financial Institutions

 

State Treasurer Curtis Loftis welcomed two new appointees to the South Carolina Board of Financial Institutions as part of the board’s monthly meeting. Billy Byrd and Charles “Chuck” H. Stuart were confirmed by the Senate last month to serve four-year terms on the state board. Byrd serves as the chief financial officer for SPC Credit…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, government, on-the-move

SAFE Federal Credit Union begins construction on new Red Bank branch

 

SAFE Federal Credit Union broke ground on their newest branch located in the Red Bank community of Lexington, South Carolina on May 29th. Located on Brevard Parkway, the 2,825 square foot branch is expected to open in late 2019 and will be SAFE’s 17th location.  It will serve the rapidly growing Red Bank area while…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

FinTrust Capital Advisors hosts third annual FinTrust Financial Forum

 

On Wednesday, May 22, 2019 FinTrust Capital Advisors hosted an informative, collaborative conference focused on innovation and intellectual property at Zen in downtown Greenville. The FinTrust Financial Forum featured eight sessions, thirteen speakers, and nine discussion tables. The 200 guests included FinTrust clients and centers of influence from around the Southeast. Ken Segall delivered the…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

FinTrust Capital Advisors hosts third annual FinTrust Financial Forum

 

On Wednesday, May 22, 2019 FinTrust Capital Advisors hosted an informative, collaborative conference focused on innovation and intellectual property at Zen in downtown Greenville. The FinTrust Financial Forum featured eight sessions, thirteen speakers, and nine discussion tables. The 200 guests included FinTrust clients and centers of influence from around the Southeast. Ken Segall delivered the…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

FinTrust Capital Advisors hosts third annual FinTrust Financial Forum

 

On Wednesday, May 22, 2019 FinTrust Capital Advisors hosted an informative, collaborative conference focused on innovation and intellectual property at Zen in downtown Greenville. The FinTrust Financial Forum featured eight sessions, thirteen speakers, and nine discussion tables. The 200 guests included FinTrust clients and centers of influence from around the Southeast. Ken Segall delivered the…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

BB&T gift benefits Lexington District One International Baccalaureate students

 

Lexington County School District One held a ribbon cutting ceremony at Lexington High School on Thursday, May 30, 2019, to commemorate BB&T’s investment in the district’s International Baccalaureate Diploma Programme. BB&T’s donation of $50,000 to the Lexington District One Educational Foundation allowed the district to create an IB Learning Lab at LHS. This lab functions…

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Posted in: midlandsbiz   Category: banking-and-finance, education, on-the-move

Leaving the Nest: Financial Strategies for Life After College

 

By Ann J. Beckwith, CFP®   With spring upon us, nearly 3 million college students are preparing to proudly accept their hard-earned college diplomas and storm the “real world.” With their ambition, ingenuity, and creativity, many of these graduates are bound for success and will truly make an impact for good on the world. If…

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Posted in: midlandsbiz   Category: advice, banking-and-finance, on-the-move

Paul Simpson appointed Data Scientist at Elliott Davis

 

Elliott Davis announces that Paul Simpson has been hired for the newly formed position of data scientist. In his role, Simpson will lead data research and analysis for the entire company. “As the professional financial services industry continues to evolve, the need for innovative, data-driven solutions that add value and enhance financial and operational performance…

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Posted in: midlandsbiz, upstatebizsc   Category: accounting, banking-and-finance, on-the-move

Pinnacle Financial Partners and United Community Bank executives discuss current financial risks

 

The Upper South Carolina Chapter of the Risk Management Association (RMA) held a panel discussion with three prominent financial services executives on Wednesday, May 29 in Greenville, S.C. to discuss challenges facing the industry. The fourth annual panel included Lynn Harton, Chairman and Chief Executive Officer of United Community Banks, Inc.; Terry Turner, President and…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

4-star Morningstar Ratings Overall continue for Wallick Investments’ Core Growth and Fidelis composites

 

    Wallick Investments, LLC’s chief equity composite strategy, WI Core Growth, received a 4-star Morningstar RatingTM among 162 mid-cap blend products as of March 31, 2019 for 3-year, 5-year, 10-year and Overall risk-adjusted performance. WI Core Growth history: • 4-star or greater Overall Morningstar Rating­— 21 out of 28 quarters • 3-star or greater…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

The Innovate Fund wins $60 million in New Markets Tax Credits

 

The Innovate Fund announced it was awarded a $60 million allocation of New Markets Tax Credits (NMTCs) by the Community Development Financial Institution Fund (CDFI Fund) of the U.S. Department of the Treasury.  The funds will help finance economic and community development projects in Low-Income Communities across South Carolina. The Innovate Fund a South Carolina…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

State Treasurer Curtis Loftis kicks off National 529 Day observance with $529 College Savings grants

 

State Treasurer Curtis Loftis announced that South Carolina’s Future Scholar 529 College Savings Plan would once again celebrate National 529 College Savings Day (May 29) with its PalmettoBaby Grant Program. The annual program, which is in its seventh year, promotes the importance of families saving for college and provides a privately-funded $529 grant to each…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Amy Whitney joins Countybank as Retail Banking Sales Manager

 

Countybank welcomed Amy Whitney as Retail Banking Sales Manager. Whitney comes to Countybank with more than 16 years in the financial services industry. Whitney’s prior banking expertise includes operational accuracy, retail and commercial credit analysis, sales strategies, branch management, and training experience. She previously served in retail services, business development, and commercial loan positions at…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

CresCom Bank and World Affairs Council of Charleston reward students for analysis of hot topics in global issues

 

At an award ceremony on April 17, 2019, Joe Bonacci, Senior Vice President for CresCom Bank, presented three Charleston County Public High School students with 2019 John M Settle, Sr./World Affairs Council of Charleston Awards. The Settle Awards are presented annually to students who demonstrate excellence in their studies of world history and foreign affairs.…

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Posted in: lowcountrybizsc   Category: banking-and-finance, non-profit, on-the-move

Local Lowcountry Wells Fargo team members participate in Community Service Super Saturday

 

More than 1,300 Wells Fargo team members celebrated National Volunteer Month in April by volunteering 5,000 hours with nearly 90 nonprofits across the Southeast. The mass volunteer effort is part of Wells Fargo’s Community Service “Super Saturday,” an annual initiative that inspires thousands of team members and friends to participate in many volunteer activities across…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Local Upstate Wells Fargo team members participate in Community Service Super Saturday

 

More than 1,300 Wells Fargo team members celebrated National Volunteer Month in April by volunteering 5,000 hours with nearly 90 nonprofits across the Southeast. The mass volunteer effort is part of Wells Fargo’s Community Service “Super Saturday,” an annual initiative that inspires thousands of team members and friends to participate in many volunteer activities across…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Local Midlands Wells Fargo team members participate in Community Service Super Saturday

 

More than 1,300 Wells Fargo team members celebrated National Volunteer Month in April by volunteering 5,000 hours with nearly 90 nonprofits across the Southeast. The mass volunteer effort is part of Wells Fargo’s Community Service “Super Saturday,” an annual initiative that inspires thousands of team members and friends to participate in many volunteer activities across…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

United Community Bank donates to the Soup Kitchen of Spartanburg

 

United Community Bank recently presented the Soup Kitchen of Spartanburg with a $250 donation. The donation was organized by United’s Spartanburg team members due to the positive impact the Soup Kitchen has had on the community. “It was an easy decision for us to donate to the Soup Kitchen of Spartanburg because we all greatly…

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Posted in: upstatebizsc   Category: banking-and-finance, non-profit, on-the-move

South Carolina Federal announces new Board Chairman

 

South Carolina Federal Credit Union has named Richard Buckner Chairman of the Board following its 2019 membership meeting. This is Buckner’s second term leading the credit union’s Board of Directors, having served as Board Chair from April 2005 to April 2007. Buckner also served as Chair of the credit union’s Supervisory Committee from 1997 to…

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Posted in: lowcountrybizsc   Category: banking-and-finance, headlines, on-the-move

SAFE Federal Credit Union names Bruce Copeland VP of Marketing

 

SAFE Federal Credit Union has named Bruce Copeland their new Vice President of Marketing. Copeland joins SAFE Federal Credit Union from the Charleston, SC area where he most recently operated his own Marketing consultancy, MarCom Advisors.  His prior experience includes a 26-year tenure at First Federal (now South State Bank) where he served as SVP of…

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Posted in: lowcountrybizsc   Category: banking-and-finance, marketing-and-communications, on-the-move

Elliott Davis and Columbia Fireflies to host “Light Up Business Downtown”

 

Elliott Davis, a leading business solutions firm with nine offices across the Southeast, and the Columbia Fireflies announce the two organizations are partnering to host the inaugural “Light Up Business Downtown” celebration at Segra Park. The event, which will take place on Tuesday, June 4 during the second of a three-night homestand against the Rome…

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Posted in: midlandsbiz   Category: accounting, banking-and-finance, on-the-move

South Carolina Federal awards $50,000 in scholarships

 

  South Carolina Federal CEO Scott Woods and former Board Chairman Mary L. Whited pose with this year’s scholarship winners.   South Carolina Federal Credit Union awarded $50,000 in scholarships to students attending colleges in South Carolina this fall. Scholarships, ranging from $2,500 to $10,000, were awarded to 12 students, six of whom are attending…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

United Community Banks, Inc. announces quarterly cash dividend increase

 

United Community Banks, Inc. (NASDAQ: UCBI) (“United”), reported that its Board of Directors approved an increase of its regular quarterly cash dividend to $0.17 per common share.  The dividend is payable July 5, 2019 to shareholders of record on June 15, 2019.  This represents a 13% increase over the quarterly dividend a year ago. About…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

First Community announces executive retirements and promotion

 

First Community Corporation (Nasdaq:  FCCO), the holding company for First Community Bank, announced that two members of the company and the bank’s Executive Leadership Team, Chief Credit Officer, David Proctor, and Chief Financial Officer, Joe Sawyer, plan to retire in 2019.  Mr. Proctor will retire effective July 31, 2019.  The retirement date for Mr. Sawyer will be later…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

H. Lynn Harton to succeed Jimmy Tallent as Chairman of United Community Banks, Inc.’s Board of Directors

 

United Community Banks, Inc. (NASDAQ: UCBI) (“United”) today announced that its Board of Directors has appointed H. Lynn Harton, Chief Executive Officer (pictured), to serve as United’s Chairman of the Board, effective May 8, 2019. He succeeds Jimmy Tallent, who has served as United’s Chairman since February 2015. “The Board of Directors appointed Lynn as…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank expands North Carolina presence with Charlotte team

 

United Community Bank has announced it will strengthen its North Carolina presence with the recent hire of two experienced Charlotte-based bankers that will lead operations in the growing metro region. Charles Curtis, along with Thomas McTier, will establish a commercial lending team that can introduce United’s service-focused style of banking to the thriving business community…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

CyberSC to present Annual Awards for Cyber Excellence at 3rd Annual Cybersecurity Summit in Greenville on May 16th

 

CyberSC announced the recipients of the 2019 CyberSC Awards for Cyber Excellence. Award recipients in three categories – Industry, Government, and Academia – will be recognized at the SC Chamber of Commerce’s 3rd Annual Cybersecurity Summit being held on May 16th in Greenville, SC. Recipients of the Award of Excellence must have a demonstrated commitment…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, business-services, economic-development, education, employment-agencies, government, hi-tech-information-tech, insurance, it-services, manufacturing, marketing-and-communications, non-profit, on-the-move, philanthropy, technology, telecommunications

KeyMark hosts inaugural Insights intelligent automation conference

 

KeyMark, Inc., a leading reseller of intelligent automation solutions, will be hosting its first-ever intelligent automation conference, called Insights, on May 15, 2019 in downtown Greenville, SC. The conference will host speakers from across the industry who will highlight trends in artificial intelligence, including OCR, workflow, case management, machine learning and robotic process automation. “The…

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Posted in: upstatebizsc   Category: accounting, banking-and-finance, business-services, education, government, health-care, insurance, it-services, manufacturing, on-the-move, technology, utilities

Select Bancorp reports first quarter 2019 earnings

 

Select Bancorp, Inc., the holding company for Select Bank & Trust Company, reported net income for the quarter ended March 31, 2019 of $3.3 million with basic and diluted earnings per share of $0.17, compared to net income of $1.9 million and basic earnings per share of $0.14 and diluted earnings per share of $0.13…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Choosing a Health Care or Durable Power of Attorney

 

by Laird W. Green   While no one wants to think about incapacity, everyone should have a plan to handle his or her incapacity, whether physical or mental. Who would you want to make medical decision for you or to take care of your finances when you are unable? Making these choices can be emotionally…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

Ace Financial Literacy Month with Three Easy Steps

 

By Curtis Loftis   Did you know that April is Financial Literacy Month? It’s a good time to remind individuals regardless of their age the importance of making good financial decisions. From the internet to iPhone applications, information on how to best manage your money for the future is easily accessible – yet the statistics…

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Posted in: midlandsbiz   Category: banking-and-finance, on-the-move

United Community Banks, Inc. reports EPS of $0.55 and ROA of 1.44% for Q1 2019

 

United Community Banks, Inc. (NASDAQ: UCBI) (“United”) announced its first quarter financial results, including solid year-over-year loan and deposit growth, improved operating efficiency and continued strong asset quality. Reported diluted earnings per share were $0.55, an increase of $0.08 or 17% from a year ago. Excluding merger-related and other charges, diluted operating earnings per share…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank names John Golding head of Commercial Banking Solutions

 

United Community Bank announced veteran commercial banker John Golding as its new Head of Commercial Banking Solutions (CBS). Golding has more than 25 years of industry experience offering customer-focused solutions to businesses ranging from small to global scale. He has earned a reputation for providing the most relevant financial solutions to businesses, while consistently creating…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank names John Golding head of Commercial Banking Solutions

 

United Community Bank announced veteran commercial banker John Golding as its new Head of Commercial Banking Solutions (CBS). Golding has more than 25 years of industry experience offering customer-focused solutions to businesses ranging from small to global scale. He has earned a reputation for providing the most relevant financial solutions to businesses, while consistently creating…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Southern First results for the first quarter of 2019

 

Southern First Bancshares, Inc., holding company for Southern First Bank, today reported net income available to common shareholders of $6.0 million, or $0.78 per diluted share, for the first quarter of 2019. In comparison, net income available to common shareholders was $5.2 million, or $0.67 per diluted share, for the first quarter of 2018. 2019…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

CresCom Bank introduces Sharon Snyder as assistant vice president and manager of Upstate Loan Servicing

 

CresCom Bank, the second largest community bank in North and South Carolina,  announced Sharon Snyder as Manager of the Upstate Loan Servicing Department. In her new position at CresCom Bank, Snyder will oversee the day-to-day operational programs, policies, procedures and sales while ensuring a high level of customer care. She holds a Bachelor’s Degree in Business…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Poor Planning Could Lead To 5 Big Retirement Problems

 

By Chris Hobart   Ideally, retirement is a time someone anticipates eagerly – a reward for a lifetime of hard work and solid financial planning. But nearly half of workers who haven’t reached retirement yet aren’t that excited about the so-called golden years. In fact, they have big concerns. . A Gallup poll showed 46…

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Posted in: midlandsbiz   Category: banking-and-finance, life

State Treasurer’s Office facilitates $30 million master lease for MUSC

 

Funding will support facility upgrades to improve energy efficiency throughout campus The State Treasurer’s Office recently worked with the Medical University of South Carolina to secure affordable financing through the state’s Master Lease Program for energy conservation improvements throughout its Charleston campus. The $30 million MUSC deal was the largest master lease to date, with…

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Posted in: lowcountrybizsc, midlandsbiz   Category: banking-and-finance, government, on-the-move

First Community Corporation announces first quarter results and cash dividend

 

First Community Corporation (Nasdaq:  FCCO), the holding company for First Community Bank, reported net income for the first quarter of 2019 of $2.50 million as compared to $2.71 million in the first quarter of 2018.  Diluted earnings per common share were $0.32 for the first quarter of 2019 as compared to $0.35 for the first quarter of 2018. Highlights Net income of $2.5…

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Posted in: midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Countybank welcomes new hire to commercial team

 

Tony Lawton joins Countybank as Commercial Relationship Manager Countybank welcomed Tony Lawton as Commercial Relationship Manager in the Upstate area. Lawton comes to Countybank with more than 30 years of experience in commercial lending across the Upstate and along the South Carolina coast. Lawton holds a Bachelor’s degree in Business Administration and Management from Newberry…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Nachman Norwood & Parrott names Angela Sheppard Chief Compliance Officer

 

Nachman Norwood & Parrott (NNP), an independent wealth management consultancy, recently promoted Angela Sheppard to the role of Chief Compliance Officer (CCO).   As CCO, Sheppard is responsible for developing, implementing and monitoring the compliance policies and procedures for the firm.  Additionally, Sheppard will oversee all trading and manage the online client portal.  “During her long…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

CresCom Bank announces promotions throughout its South Carolina branches

 

CresCom Bank, the second largest community bank in North and South Carolina, promotes Team Members throughout its South Carolina branches. Promotions include: Litchfield, S.C. Amanda Phillips, Mortgage Loan Originator, has been promoted to Vice President. Phillips originates mortgage loans in Litchfield/Pawleys Island and surrounding areas. In November 2013, Phillips joined CresCom Bank from Bank of America…

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Posted in: lowcountrybizsc   Category: banking-and-finance, on-the-move

Kincaid Retirement & Wealth Management to present David Bach’s Smart Women, Smart Retirement®

 

Local financial firm helping empower women nearing retirement Who: Kincaid Retirement & Wealth Management, a woman-owned, full-service financial planning firm. What: Smart Women, Smart Retirement®, an informational dinner seminar, based on the concepts discussed in the bestselling book, Smart Women Finish Rich by nine-time New York Times bestselling author, David Bach. This evening out is…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

GrandSouth Bank welcomes three new board members

 

The GrandSouth Bank Board of Directors welcomes three new members: John W. Shealy, Jr. (Rusty), Anthony Morgan (Tony), and Edward Monts Rast Jr. (Monty). They bring exceptional leadership and business skills to our board. Rusty Shealy has over 35 years of experience in business management and ownership. Shealy is originally from Lexington, SC, but found his way to Columbia after graduating with a business…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Sharonview Federal Credit Union gifts $3,000 to Simpsonville organizations

 

Sharonview Federal Credit Union presented $1,000 to Mt. Zion Baptist Church Food Bank, $1,000 to the City of Simpsonville Victim Advocate (Closet of Goods) and $1,000 to the Center for Community Services at the ribbon cutting at its Simpsonville Branch on Wednesday, March 27. “Sharonview Cares, our charitable giving arm, is committed to providing support…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Southern First hires Chief Banking Officer

 

Southern First Bancshares, Inc., holding company for Southern First Bank, announced the appointment of Cal Hurst as Executive Vice President, Chief Banking Officer. Hurst has worked in the banking industry for the past 13 years, helping clients grow their businesses and plan for their future. He is passionate about creating long-term relationships and making a…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc   Category: banking-and-finance, on-the-move

Countybank names new Commercial team member

 

Wells Dunlap Promoted to Commercial Relationship Manager Countybank announce the promotion of Rufus Thornwell “Wells” Dunlap, V, to the role of Commercial Relationship Manager. Dunlap joined Countybank in 2013 and previously served as Commercial Credit Analyst and CRA Officer and was responsible for underwriting various credit requests and handling various portfolio administration activities for the…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

United Community Bank names new Chief Risk and Commercial Credit officers

 

United Community Bank has recently elevated two of its employees to new positions within the risk management division of the company. Rob Edwards, former Chief Credit Officer, has been named Chief Risk Officer, and Rob Boyden, former Senior Credit Officer – Commercial Credit, has been named Chief Commercial Credit Officer. The role changes reflect the…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move

Carolina Alliance Bank joins Park National organization

 

Park National Corporation (Park) and CAB Financial Corporation announced the completion of their previously announced merger transaction. Effective today, CAB has merged with and into Park. With the merger, CAB’s banking subsidiary, Carolina Alliance Bank, becomes a community banking division of Park subsidiary, The Park National Bank. Headquartered in Spartanburg, South Carolina, the Carolina Alliance Bank…

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Posted in: upstatebizsc   Category: banking-and-finance, on-the-move