Intra-family loans: Lending money to family and friends
November 14, 2016By Abigail Mason, CFP® Lending money to family and friends is a delicate subject. With the current economy and tight credit standards, people are often turning to friends and family…
Read MorePosted in: midlandsbiz Category: banking-and-finance, headlines
SAFE FCU adds on-site Personal Teller Machine at Continental Tire plant in Sumter
November 14, 2016SAFE FCU Adds On-Site Personal Teller Machine at Continental Tire Plant in Sumter The Sumter tire production facility of Continental, one of the top automotive suppliers in the world, is…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
New Lewis Plaza branch grand opening
November 14, 2016Tuesday, November 15 with ribbon-cutting ceremony at 10:00 AM The Augusta Street Branch Also Celebrates Last Day of American Bankers Association’s “Get Smart About Credit” Initiative While Wells Fargo team…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces agreement to acquire Greer Bancshares Incorporated
November 8, 2016Carolina Financial Corporation announced today the signing of a definitive merger agreement under which Carolina Financial will acquire Greer Bancshares Incorporated (OTC Pink: GRBS) (“Greer Bancshares”). Upon completion of the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Carolina Financial Corporation announces agreement to acquire Greer Bancshares Incorporated
November 8, 2016Carolina Financial Corporation announced today the signing of a definitive merger agreement under which Carolina Financial will acquire Greer Bancshares Incorporated (OTC Pink: GRBS) (“Greer Bancshares”). Upon completion of the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Bank of America grant supports Meals on Wheels program
November 7, 2016The Bank of America Charitable Foundation, a longtime community partner with Senior Resources, has continued its generous support of the Meals on Wheels program with a $12,500 donation. The funds…
Read MorePosted in: midlandsbiz Category: banking-and-finance, non-profit, on-the-move
Carolina Alliance reports its third quarter 2016 results
November 7, 2016Carolina Alliance Bank (OTCQX:CRLN) today reported its third quarter 2016 financial results. Net income available to common shareholders of $3.1 million, or $0.47 per diluted common share, was reported for…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank announces executive promotions
November 3, 2016Southern First Bank announced two recent executive promotions. Fred Gilmer, III, has been promoted to Executive Vice President and Senior Lender of the Bank. Fred’s leadership role will expand to…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Southern First Bank announces executive promotions
November 3, 2016Southern First Bank announced two recent executive promotions. Fred Gilmer, III, has been promoted to Executive Vice President and Senior Lender of the Bank. Fred’s leadership role will expand to…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Founders Federal Credit presents Mad City Money at Boiling Springs High School
November 2, 2016Founders Federal Credit Union will present Mad City Money, a real life money simulation, to 9th grade students at Boiling Springs High School on November 10th, 2016. During the over…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move
South State Bank announces disaster recovery programs
November 2, 2016South State Bank will provide assistance to individuals affected by Hurricane Matthew by introducing new disaster recovery programs for customers. The Disaster Relief Personal Loan and Catastrophe Savings Account (CSA)…
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USDA invests in infrastructure improvements in rural South Carolina
November 1, 2016U.S. Department of Agriculture (USDA) Rural Development Under Secretary Lisa Mensah highlighted an innovative public-private partnership in which USDA is investing $10 million to build and improve infrastructure in some…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
USDA invests in infrastructure improvements in rural South Carolina
November 1, 2016U.S. Department of Agriculture (USDA) Rural Development Under Secretary Lisa Mensah highlighted an innovative public-private partnership in which USDA is investing $10 million to build and improve infrastructure in some…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, government, on-the-move
First Reliance reports record 3Q16 pre-tax income of $1.6 million
October 31, 2016FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the “Company”) for First Reliance Bank (the “Bank”), reported third quarter 2016 pre-tax profits of $1,592,616. This is…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
First Reliance reports record 3Q16 pre-tax income of $1.6 million
October 31, 2016FLORENCE, SC – First Reliance Bancshares, Inc. (OTC: FSRL), the holding company (the “Company”) for First Reliance Bank (the “Bank”), reported third quarter 2016 pre-tax profits of $1,592,616. This is…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Longstanding local advisor looks to build his practice on relationships
October 31, 2016Fred Quattlebaum has affiliated with Good Life Advisors, a Registered Investment Advisor in the state of Pennsylvania and is branding his firm as Modern Family Asset Management here in South…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Longstanding local advisor looks to build his practice on relationships
October 31, 2016Fred Quattlebaum has affiliated with Good Life Advisors, a Registered Investment Advisor in the state of Pennsylvania and is branding his firm as Modern Family Asset Management here in South…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
TD Charitable Foundation supports Hope Center for Children with donation
October 30, 2016The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated a total of $5,500 to Hope Center for Children as part of the…
Read MorePosted in: upstatebizsc Category: banking-and-finance, non-profit, on-the-move
JEDA Bonds assist with new student housing at Converse College
October 30, 2016NCCD-Spartanburg Properties LLC, in cooperation with Converse College, is using $10,225,000 in bond funding from the South Carolina Jobs-Economic Development Authority (JEDA) to finance new student housing on the campus…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move
Clemson Young Alumni Council honors Lexington banker as one of ‘Roaring 10’
October 30, 2016The Clemson University Young Alumni Council has recognized Lexington resident Manning Crapps one of the 2016 “Roaring 10” – young alumni who have made an impact in business, leadership, community,…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, education, on-the-move
Clemson Young Alumni Council honors Lexington banker as one of ‘Roaring 10’
October 30, 2016The Clemson University Young Alumni Council has recognized Lexington resident Manning Crapps one of the 2016 “Roaring 10” – young alumni who have made an impact in business, leadership, community,…
Read MorePosted in: midlandsbiz Category: banking-and-finance, education, on-the-move
Local 13+ year financial services veteran launches Modern Family Asset Management
October 27, 2016Johnathan Stackhouse has affiliated with one of LPL Financials Largest Hybrid RIA’s, Good Life Advisors. Johnathan brings with him more than 13 years of experience working with local banks NBSC…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Local 13+ year financial services veteran launches Modern Family Asset Management
October 27, 2016Johnathan Stackhouse has affiliated with one of LPL Financials Largest Hybrid RIA’s, Good Life Advisors. Johnathan brings with him more than 13 years of experience working with local banks NBSC…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Southern First reports results for third quarter of 2016
October 26, 2016Southern First Bancshares, Inc. holding company for Southern First Bank, today reported net income available to the common shareholders of $3.4 million, or $0.51 per diluted share, for the third…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
TD Charitable Foundation supports the Urban League of the Upstate with donation
October 26, 2016The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated a total of $10,000 to the Urban League of the Upstate as part…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, non-profit, on-the-move
Ashley Rogers named CresCom Bank’s Assistant Branch Manager/Bank Officer for its Summerville Branch
October 26, 2016CresCom Bank, the community-banking leader within the Carolinas, is pleased to name Ashley Rogers assistant branch manager/ bank officer for its Summerville branch. Rogers began her career with CresCom Bank…
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Quarterly earnings grow 37 ercent at South Atlantic Bancshares, Inc. third quarter performance best in company’s history
October 26, 2016These figures represent the company’s best quarterly performance in its nine-year history, and a 37.1 percent increase in net income when compared to the third quarter 2015. Net income for…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
United Community Banks, Inc. announces third quarter earnings
October 26, 2016Diluted earnings per share up 33 percent to 36 cents from third quarter 2015 Excluding merger-related charges, diluted operating EPS up 18 percent to 39 cents Return on assets of…
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FinTrust presents the Greenville Chamber of Commerce Small Business Owners Forum
October 26, 2016FinTrust Investment Advisors is the presenting sponsor of the Greenville Chamber of Commerce Small Business Owners Forum. The bimonthly forum provides small business owners with the opportunity to enhance their…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Southern First reports results reported third quarter of 2016
October 25, 2016Southern First Bancshares, Inc. (NASDAQ: SFST) holding company for Southern First Bank, reported net income available to the common shareholders of $3.4 million, or $0.51 per diluted share, for the…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Southern First reports results reported third quarter of 2016
October 25, 2016Southern First Bancshares, Inc. (NASDAQ: SFST) holding company for Southern First Bank, reported net income available to the common shareholders of $3.4 million, or $0.51 per diluted share, for the…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
John Henry Oil announces closing date on Trenton – Black River I, LP Capital Campaign
October 24, 2016John Henry Oil Corporation (“JHO”) the sponsor of the 2015 Trenton-Black River I, LP exploration and drilling partnership and SANDLAPPER Securities, LLC (“SLS”) the placement agent for the offering have…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo donates $225,000 to South Carolina nonprofits for Hurricane Matthew relief
October 24, 2016Customers may also contribute through ATMs, GoFarTM Rewards Wells Fargo & Company announced today that the company will donate $1.1 million to Hurricane Matthew relief efforts in the U.S. and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Wells Fargo donates $225,000 to South Carolina nonprofits for Hurricane Matthew relief
October 24, 2016Customers may also contribute through ATMs, GoFarTM Rewards Wells Fargo & Company announced today that the company will donate $1.1 million to Hurricane Matthew relief efforts in the U.S. and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Ameris Bank supports Columbia City Ballet as ticket sponsor of 2016-2017 season
October 21, 2016Ameris Bank announced its ticket sponsorship of the 2016 – 2017 Columbia City Ballet season. Since its founding in 1961, the Columbia City Ballet has integrated the world of dance…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move, the-arts
Bank of America marks flood anniversary with ongoing flood donations during “Rebuild Blitz” volunteer event
October 20, 2016Today, Kim Wilkerson, President of Bank of America in Columbia and SC, announced a new round of financial support to United Way of the Midlands, Central South Carolina Habitat for…
Read MorePosted in: midlandsbiz Category: banking-and-finance, non-profit, on-the-move
VentureSouth announces fall education events
October 19, 2016VentureSouth, a leading early-stage investment firm that develops and manages angel investment groups and funds in the Southeast, announced its fall schedule of educational events for early stage investors and…
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Carolina Financial Corporation reports results for third quarter of 2016
October 19, 2016Carolina Financial Corporation (NASDAQ: CARO) today announced financial results for the third quarter of 2016. Highlights at and for the three months ended September 30, 2016, include: Net income for…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank launches CresCom Financial Services through a partnership with LPL Financial
October 17, 2016CresCom Bank, the community-banking leader within the Carolinas, now offers access to financial advising as a service to its customers through a partnership with LPL Financial, the largest independent broker/dealer…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
CresCom Bank launches CresCom Financial Services through a partnership with LPL Financial
October 17, 2016CresCom Bank, the community-banking leader within the Carolinas, now offers access to financial advising as a service to its customers through a partnership with LPL Financial, the largest independent broker/dealer…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Survey: Financial Self Reliance More Than Age Defines
October 17, 2016Bank of America/USA TODAY Better Money Habits Report Shows Job Growth, Student Debt Are Top Campaign Issues for Young Voters in the Area COLUMBIA, S.C. – A newly released Bank…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
Survey: Financial Self Reliance More Than Age Defines
October 17, 2016Bank of America/USA TODAY Better Money Habits Report Shows Job Growth, Student Debt Are Top Campaign Issues for Young Voters in the Area COLUMBIA, S.C. – A newly released Bank…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
South Carolina Federal celebrates 80th anniversary with free member event
October 14, 2016South Carolina Federal Credit Union has spent 2016 celebrating 80 years of member service. To top off the festivities, the credit union is inviting members to join them on October…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
South Carolina Federal celebrates 80th anniversary with free member event
October 14, 2016South Carolina Federal Credit Union has spent 2016 celebrating 80 years of member service. To top off the festivities, the credit union is inviting members to join them on October…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, on-the-move
Greer Bancshares Incorporated reports increased profit in third quarter
October 13, 2016Greer Bancshares Incorporated, the parent company of Greer State Bank, today reported net income attributable to common shareholders of $850,000 or $0.34 per diluted common share for the quarter ended…
Read MorePosted in: upstatebizsc Category: banking-and-finance, on-the-move
Ameris Bank announces Dustin Morris as Greenville business banker
October 12, 2016Ameris Bank Greenville Market President David Charpia is excited to announce that Dustin Morris has joined the Greenville banking team as a commercial lender. In this role, Morris will be…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Ameris Bank announces Dustin Morris as Greenville business banker
October 12, 2016Ameris Bank Greenville Market President David Charpia is excited to announce that Dustin Morris has joined the Greenville banking team as a commercial lender. In this role, Morris will be…
Read MorePosted in: midlandsbiz Category: banking-and-finance, on-the-move
JB Schwiers named President & CEO of GrandSouth Bank
October 5, 2016The board of directors of GrandSouth Bank has named JB Schwiers President and CEO. Schwiers follows Ronald Earnest who recently announced his retirement from these leadership roles. “JB has tremendous…
Read MorePosted in: midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
Community Icon, First Reliance Bank, named among top 1% most extraordinary banks in U.S.A
October 5, 2016First Reliance Bank, a local Florence icon, was just named among the top 1 percent most extraordinary banks in the United States by The Institute for Extraordinary Banking™. First Reliance…
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Clemson financial planning program cited by industry publication
October 5, 2016Clemson University has been recognized by Financial Planning magazine as having one of the top 75 programs in the nation for students pursuing financial planning careers. Clemson has been on…
Read MorePosted in: upstatebizsc Category: banking-and-finance, education, on-the-move