Intra-family loans: Lending money to family and friends

  November 14, 2016

By 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 More

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

New Lewis Plaza branch grand opening

  November 14, 2016

Tuesday, 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 More

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

Bank of America grant supports Meals on Wheels program

  November 7, 2016

The 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 More

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

Carolina Alliance reports its third quarter 2016 results

  November 7, 2016

Carolina 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 More

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

Southern First Bank announces executive promotions

  November 3, 2016

Southern 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 More

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

Southern First Bank announces executive promotions

  November 3, 2016

Southern 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 More

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

South State Bank announces disaster recovery programs

  November 2, 2016

South 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)…

Read More

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

USDA invests in infrastructure improvements in rural South Carolina

  November 1, 2016

U.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 More

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

USDA invests in infrastructure improvements in rural South Carolina

  November 1, 2016

U.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 More

Posted 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, 2016

FLORENCE, 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 More

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

First Reliance reports record 3Q16 pre-tax income of $1.6 million

  October 31, 2016

FLORENCE, 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 More

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

JEDA Bonds assist with new student housing at Converse College

  October 30, 2016

NCCD-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 More

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

Southern First reports results for third quarter of 2016

  October 26, 2016

Southern 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 More

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

Southern First reports results reported third quarter of 2016

  October 25, 2016

Southern 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 More

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

Southern First reports results reported third quarter of 2016

  October 25, 2016

Southern 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 More

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

VentureSouth announces fall education events

  October 19, 2016

VentureSouth, 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…

Read More

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

Survey: Financial Self Reliance More Than Age Defines

  October 17, 2016

Bank 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 More

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

Survey: Financial Self Reliance More Than Age Defines

  October 17, 2016

Bank 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 More

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

JB Schwiers named President & CEO of GrandSouth Bank

  October 5, 2016

The 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 More

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