Shared Assets and Unspoken Expectations
September 17, 2018
By Edward W. Kramer With young children at home, my family has a common saying: “Share with your brother/sister.” Interestingly, “sharing” can be as difficult for adult siblings as…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance, on-the-move
SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
SAFE Federal Credit Union branches closing at noon Thursday in preparation for Hurricane Florence
September 12, 2018
SAFE Federal Credit Union is closing 16 of its branches at noon on Thursday due to Hurricane Florence. The branch in Florence will close at the end of business today.…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Windley joins S.C. Board of Financial Institutions
September 6, 2018
Longtime South Carolina banker John Windley began a four-year term on the South Carolina Board of Financial Institutions Sept. 5. Windley, president of Columbia-headquartered South State Bank, has spent 43…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
Lima One Capital hires Shook as Head of Commercial Lending
September 6, 2018
Lima One Capital, a national specialty finance company that focuses on investment property lending, has named Andrew Shook as Head of Commercial Lending. In this new role, Shook is charged…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank named one of the Best Banks to Work For in United States
September 4, 2018United Community Bank has been named one of the Best Banks to Work For in 2018 by American Banker and Best Companies Group. This recognition is based on employee satisfaction…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
City of Columbia launched “Columbia Kids $ave” Children’s Savings Account (CSA) PILOT Program
September 3, 2018
First City-based Youth Savings Program in South Carolina On Thursday, August 30, 2018, the City of Columbia in partnership with Richland School District One, South State Bank, Security Federal Bank…
Read MorePosted in: midlandsbiz Category: banking-and-finance, education, on-the-move
CresCom Bank welcomes Marvin Robinson as Columbia Market Leader & Senior Vice President
August 29, 2018
CresCom Bank, the second largest community bank in North and South Carolina, welcomes Marvin Robinson as Columbia Market Leader and Senior Vice President. Robinson joins CresCom Bank from Wells Fargo…
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JEDA provides Bonds for new Rock Hill sports & event center
August 28, 2018
The City of Rock Hill is using a $21,295,000 economic development revenue bond issued through the South Carolina Jobs-Economic Development Authority (JEDA) to finance the acquisition of a new…
Read MorePosted in: midlandsbiz Category: banking-and-finance, economic-development, on-the-move
South Carolina Federal CU names John Stanford Vice President of Lending
August 27, 2018
South Carolina Federal Credit Union has named John Stanford Vice President of Lending. The role oversees business services and loan underwriting, loan administration and loan servicing for the $1.7 billion…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
Countybank combines operations with B.A. Bennett Insurance
August 27, 2018B.A. Bennett Insurance Will Become Countybanc Insurance Services Countybank is pleased to welcome B.A. Bennett Insurance to the Countybanc Insurance family in a merging of their services. This transition will…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Countybank combines operations with B.A. Bennett Insurance
August 27, 2018
B.A. Bennett Insurance Will Become Countybanc Insurance Services Countybank is pleased to welcome B.A. Bennett Insurance to the Countybanc Insurance family in a merging of their services. This transition will…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Wallick Investments’ Core Growth Composite ranked #2 in nation among multi-cap blend managers for 10-year performance by Money Manager Review
August 17, 2018Money Manager Review, the San Francisco-based firm providing independent analysis of private money management firms, has ranked the Wallick Investments’ chief equity strategy, WI Core Growth Composite, for the following…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Wallick Investments’ Core Growth Composite ranked #2 in nation among multi-cap blend managers for 10-year performance by Money Manager Review
August 17, 2018
Money Manager Review, the San Francisco-based firm providing independent analysis of private money management firms, has ranked the Wallick Investments’ chief equity strategy, WI Core Growth Composite, for the following…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Bank of America grants $7,500 to Spartanburg Community College Foundation for Operation Workforce Training in Cherokee County
August 13, 2018
Cherokee County will receive an economic boost courtesy of a $7,500 Bank of America Foundation grant to the Spartanburg Community College Foundation that will address the area’s regional workforce shortage. Grant…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move
The Innovate Fund deploys $21.5 million in new markets tax credits in Spartanburg
August 11, 2018The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation, has allocated $21.5 million in New Markets Tax Credits (NMTC) to two projects in…
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The Innovate Fund deploys $21.5 million in new markets tax credits in Spartanburg
August 11, 2018
The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation, has allocated $21.5 million in New Markets Tax Credits (NMTC) to two projects in…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
CAB Financial Corporation reports its second quarter 2018 results
August 9, 2018CAB Financial Corporation, holding company for Carolina Alliance Bank, reported its second quarter 2018 consolidated financial results. Net income was $2.3 million, or $0.31 per diluted common share, for the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
South Carolina Federal Credit Union hosting free document shredding event
August 9, 2018
South Carolina Federal Credit Union is hosting a free document shredding event on Saturday, August 18, 2018 from 9 a.m. – 1p.m., at its Goose Creek financial center, located at 82…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Wallick Investments launches mobile-friendly site
August 9, 2018In January 2018, Columbia RIA firm Wallick Investments relocated to 1122 Lady Street, Suite 810 in downtown Columbia. Glass doors and large panels throughout provide a bird’s-eye view of West…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Wallick Investments launches mobile-friendly site
August 8, 2018In January 2018, Columbia RIA firm Wallick Investments relocated to 1122 Lady Street, Suite 810 in downtown Columbia. Glass doors and large panels throughout provide a bird’s-eye view of West…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Peter G. Shand named to BDC Board
August 8, 2018
Peter G. Shand has been named to the Board of Directors of Business Development Corporation (BDC), the non-bank lender he has served as President of for the past year. He…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Chris Abbott joins Capital Bank
August 7, 2018Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Chris Abbott has joined the company as senior vice president. Abbott will oversee strategies and execution…
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Chris Abbott joins Capital Bank
August 7, 2018
Capital Bank, which recently merged with First Tennessee Bank, is proud to announce that Chris Abbott has joined the company as senior vice president. Abbott will oversee strategies and execution…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
New director elected to AgFirst Farm Credit Bank board
August 6, 2018
AgFirst Farm Credit Bank has elected a new director to fill a vacant seat on the board of directors. Jenny R. Black, a citrus grower and owner of an Information…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Wallick Investments’ Fidelis Composite receives Morningstar’s highest rating for risk-adjusted performance
August 6, 2018Wallick Investments, LLC’s Fidelis Composite received a 5-star Morningstar RatingTM among 403 large-cap value products as of June 30, 2018 for 3-year, 5-year and Overall risk-adjusted performance— Morningstars’ highest rating.…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Wallick Investments’ Fidelis Composite receives Morningstar’s highest rating for risk-adjusted performance
August 6, 2018
Wallick Investments, LLC’s Fidelis Composite received a 5-star Morningstar RatingTM among 403 large-cap value products as of June 30, 2018 for 3-year, 5-year and Overall risk-adjusted performance— Morningstars’ highest rating.…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Wicker, Ham join South Carolina Board of Financial Institutions
August 4, 2018
Two longtime bankers began terms on the South Carolina Board of Financial Institutions on Aug. 1. Wayne Wicker, chairman and chief executive officer of Myrtle Beach-based South Atlantic Bank, and Barry…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
United Community Banks, Inc. announces quarterly cash dividend
August 4, 2018
United Community Banks, Inc. (NASDAQ: UCBI) reported that its Board of Directors approved a regular quarterly cash dividend of $0.15 per common share. The dividend is payable October 5, 2018 to shareholders…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Leaving a Legacy: How to give through your estate?
August 1, 2018By Corinne Hanna and Abby Mason Abacus Planning Group, Inc. Gifting through your estate can be simple or complex. Knowing the benefits, how assets are transferred at death, and…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance, on-the-move
Leaving a Legacy: How to give through your estate?
August 1, 2018By Corinne Hanna and Abby Mason Abacus Planning Group, Inc. Gifting through your estate can be simple or complex. Knowing the benefits, how assets are transferred at death, and…
Read MorePosted in: midlandsbiz Category: advice, banking-and-finance, on-the-move
South Carolina Federal CU names Trey Gantt SVP of Lending Services
July 30, 2018
South Carolina Federal Credit Union has named Trey Gantt Senior Vice President of Lending Services. The role oversees mortgages, consumer loans, loss prevention and business services for the $1.7 billion…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
The Capital Corporation advises ProSource, LLC on its partnership with CID Capital
July 30, 2018Transaction: The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
The Capital Corporation advises ProSource, LLC on its partnership with CID Capital
July 30, 2018
Transaction: The Capital Corporation is pleased to announce that ProSource, LLC (“ProSource”, headquartered in Greenville, South Carolina) has secured growth capital from CID Capital (“CID Capital”, headquartered in Indianapolis, Indiana).…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
First Citizens Bank, Palmetto Heritage Bancshares, Inc. announce merger agreement
July 26, 2018
First-Citizens Bank & Trust Company (known as First Citizens Bank) and Palmetto Heritage Bancshares, Inc. (“Palmetto Heritage Bancshares”) announced the signing of a definitive merger agreement. Palmetto Heritage Bancshares provides…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, headlines, on-the-move
Sharonview Federal Credit Union expanding corporate headquarters within Lancaster County
July 25, 2018
Nationally-ranked credit union investing $42 million in relocation Sharonview Federal Credit Union, a provider of financial services, announced it is relocating and expanding its corporate headquarters in Lancaster County. The…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, economic-development, headlines, on-the-move
Southern First Bank reports second quarter 2018 results
July 24, 2018Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.5 million, or $0.71 per diluted share, for the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank reports second quarter 2018 results
July 24, 2018
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today reported net income available to common shareholders of $5.5 million, or $0.71 per diluted share, for the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation reports results for second quarter of 2018
July 23, 2018
Carolina Financial Corporation announced financial results for the second quarter of 2018. Financial highlights at and for the three months ended June 30, 2018, include: Net income for the second…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Movement Mortgage welcomes Tony Taveekanjana as National Sales Director
July 23, 2018
FORT MILL, SC – Movement Mortgage, a top 10 national retail mortgage lender, is pleased to welcome Tony Taveekanjana back to Movement as its National Sales Director. Taveekanjana, known affectionately…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move, residential-real-estate
Greg Lapointe named president of South State Bank
July 20, 2018
South State Corporation announced the promotion of key leaders, as two of the company’s senior executives prepare for retirement. South State Bank President and CEO John F. Windley (65), a 43-year banking…
Read MorePosted in: midlandsbiz Category: banking-and-finance, headlines, on-the-move
United Community Bank launches not-for-profit financing
July 18, 2018United Community Bank announced Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt private activity bonds and will spearhead a new…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
United Community Bank launches not-for-profit financing
July 18, 2018
United Community Bank announced Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt private activity bonds and will spearhead a new…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Tax Advantage Group appoints senior leadership
July 17, 2018Tax Advantage Group (TAG) announces two new leadership appointments. Whitney Ferguson has been promoted to the position of New Markets Tax Credit (NMTC) Program Manager for The Innovate Fund, which TAG manages, and Michael…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank launches not-for-profit financing
July 17, 2018Steve Fenlon to Lead Tax-Exempt Nonprofit Financing Initiative United Community Bank welcomes Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank launches not-for-profit financing
July 17, 2018
Steve Fenlon to Lead Tax-Exempt Nonprofit Financing Initiative United Community Bank welcomes Steve Fenlon as Vice President – Head of 501(c)3 Finance. Fenlon has an extensive background in handling tax-exempt…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
FinTrust hires Kathryn Payne, CERTIFIED FINANCIAL PLANNER™
July 13, 2018
FinTrust Capital Advisors is pleased to announce that Kathryn Payne has been selected for the position of Financial Planner. Payne will be responsible for collecting client data and developing the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
FinTrust hires Kathryn Payne, CERTIFIED FINANCIAL PLANNER™
July 13, 2018
FinTrust Capital Advisors is pleased to announce that Kathryn Payne has been selected for the position of Financial Planner. Payne will be responsible for collecting client data and developing the…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Princeton Mortgage launches national call center in Charleston
July 5, 2018
35-year-old New Jersey based residential mortgage banker, Princeton Mortgage, has launched a national call center in Charleston, SC. This latest development comes only months after Princeton Mortgage launched their wholesale division in Pittsburgh, PA in October…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, on-the-move
