S.C. Board of Financial Institutions passes resolution in opposition to proposed financial account activity reporting
October 7, 2021
State Treasurer and Board urges Congressional delegation to vote against Biden administration’s plan to monitor private citizens’ bank balances State Treasurer Curtis Loftis announced that the State Board of Financial…
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South Carolina Federal appoints new Board, Supervisory Committee members
September 30, 2021
South Carolina Federal Credit Union is pleased to add Joe Daning to its Board of Directors and Robert Bendetti to its Supervisory Committee. As a member of the Board of…
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Discussing a prenuptial agreement with your adult children
September 30, 2021
By Edward W. Kramer, CFP®, EA Should you require your children to have a prenuptial agreement? This question can be very important if you have a family business, financial wealth,…
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First Reliance Bank is More Than Banking for Their Communities
September 28, 2021
First Reliance Bank continues to expand their services beyond banking through supporting and serving the communities they work in. Particularly, the bank has served the Pee Dee Area Boys and…
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First Reliance Bank celebrates 22nd anniversary
September 27, 2021
First Reliance Bank celebrated its 22nd anniversary this past August. The Carolinas-based bank serves the Florence, Midlands, Upstate, and Coastal South Carolina markets, as well as the Piedmont Triad and…
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First Reliance Bank named One of The Best Places to Work in South Carolina for 16th consecutive year
September 16, 2021
First Reliance Bank was recently recognized as one of the Best Places to Work in South Carolina. It is the 16th year in a row that the community bank has…
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The official 2021 SC Fastest Growing Companies are announced
September 13, 2021
Now in its 20th year, this competition recognizes the achievements of top-performing private and publicly-owned companies that have contributed to South Carolina’s economy through exceptional increases in revenues and employment.…
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Southern First appoints Chris Shugart as Chief Mortgage Officer
September 9, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, is pleased to announce the appointment of Chris Shugart as Chief Mortgage Officer. Shugart is a Certified Mortgage…
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Phase IIB Matching Fund launched for S.C. small businesses
September 9, 2021
The S.C. Department of Commerce Office of Innovation, in partnership with the South Carolina Jobs-Economic Development Authority (JEDA) and 3Phase, today announced the launch of the state’s first Phase IIB…
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South Carolina Federal’s Meg Grier named to 2021 Class of Forty Under 40
September 8, 2021
Meg Grier, CFS* Investment Operations Program Manager at South Carolina Federal Credit Union, was selected by the Charleston Regional Business Journal for the 2021 Class of Forty Under 40. The…
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Meeting Street Scholarship Fund paves the way for new model of scholarships
September 7, 2021
The Meeting Street Scholarship Fund is working to end the wealth gap in college tuition. Ben Navarro, founder of Meeting Street Schools, pioneered the concept of a public-private partnership between…
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First Reliance Bank hires Human Resources Manager
September 2, 2021
First Reliance Bank has hired Seth DuRoss, a tenured human resources professional, to assist the rapidly expanding community bank. DuRoss will help with recruiting and retaining premier talent for the…
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Gift is an investment in financial experiential learning
August 31, 2021
The School of Business Investment Program at the College of Charleston began in 2013 with a cohort of 20 students managing a public asset portfolio of $50,000. Today, around 140 students have…
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Aligning Your Values with Your Investments
August 30, 2021
by Bailey O. Davis There are so many ways to help people, organizations, and causes that are special to you. You may donate your time by volunteering in your community.…
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SCRA announces investment in cybersecurity startup, Hook Security
August 24, 2021
South Carolina Research Authority (SCRA) announces its affiliate, SC Launch, Inc.’s, investment of $250,000 in Hook Security. The Greenville-based startup is a cybersecurity training provider focused on reducing the risks…
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FPA of South Carolina collaborating with North Carolina chapters to host annual symposium
August 19, 2021
In an effort to bring high-quality educational content to more financial planners, the Financial Planning Association (FPA) of South Carolina announced today they plan to collaborate with the Financial Planning…
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PPP Direct Borrower Forgiveness Portal surpasses expectations, accepts more than 340K submissions
August 19, 2021
SBA portal significantly outpacing top PPP lenders not utilizing the Agency’s direct forgiveness tool in forgiveness submissions COLUMBIA, S.C.– Since the opening of the Paycheck Protection Program (PPP) Direct Borrower Forgiveness Portal on August 4, the U.S. Small Business Administration has received more than 340,000 submissions from…
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State Treasurer Curtis Loftis celebrates ABLE to Save Month as state surpasses 2,300 accounts
August 17, 2021
State Treasurer Curtis Loftis celebrated national ABLE to Save Month by announcing that South Carolina recently surpassed 2,300 account holders in its Palmetto ABLE Savings Program. The program enables South…
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Faith- & factor-based Fidelis’ 4-star Morningstar Rating continues
August 15, 2021
Wallick Investments, LLC’s faith- and factor-based separately managed account strategy, WI Fidelis, received a 4-star Morningstar RatingTM for 3-year, 5-year and Overall risk-adjusted performance among 139 Mid-Cap Blend products as…
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TD Bank names Hugh Allen as Regional President of Mid-South Metro
July 27, 2021
TD Bank, America’s Most Convenient Bank®, announced today it has appointed Hugh W. Allen Regional President for its Mid-South Metro, which includes Virginia, Maryland, the District of Columbia, Delaware, North…
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How Hard is Your Cash Working?
July 27, 2021
Managing cash in a low interest rate environment by Stephen E. Maggard With current treasury yields hovering slightly above zero, individuals are experiencing angst over the lack of returns from…
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Southern First reports results for second quarter 2021
July 27, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three- and six-month periods ended June 30, 2021. “We are incredibly…
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VentureSouth reports record results in first half of 2021
July 22, 2021
VentureSouth, one of the Top 10 angel investment groups in North America, is proud to announce record results in the first half of 2021. Despite ongoing limitations brought on by…
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United Community Banks, Inc. and Nashville’s Reliant Bancorp announce merger agreement
July 15, 2021
United Community Banks, Inc. (NASDAQGS: UCBI) (“United”) and Reliant Bancorp, Inc. (NASDAQCM: RBNC) (“Reliant”) announced today the execution of a definitive merger agreement pursuant to which United will acquire Reliant,…
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HireQuest announces closing of $63.2 million credit facility
July 7, 2021
GOOSE CREEK, SC – HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand, temporary, and commercial staffing services, today announced that the Company has closed a $63.2 million credit facility…
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State Treasurer Curtis Loftis welcomes new members to S.C. Board of Financial Institutions
July 6, 2021
State Treasurer Curtis Loftis welcomes two new appointees to the State Board of Financial Institutions. Thomas Bouchette and Jenny Michaels were confirmed by the Senate in May to serve four-year…
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Entrepreneur Minute – Herbert Drayton III, HI Mark Capital
July 2, 2021
The Who’s on the Move, Entrepreneur Minute is an interview in support of the undeniable impact that entrepreneurs have on our communities. We will be highlighting 20 entrepreneurs in each of…
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Bank of America Private Bank expands Charleston team with new hire
June 21, 2021
Bank of America Private Bank announced the hiring of a Private Client Manager in the Charleston, emphasizing the firm’s commitment to expanding its presence across the United States and serving…
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United Community Bank expands lending capabilities with USDA loans
June 21, 2021
United Community Bank welcomes David Matthews as a Business Development Officer under its newly created USDA Lending Group. Matthews brings extensive experience to this role, having recently served as the…
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Glassdoor names Scott Woods of South Carolina Federal a 2021 Top CEO
June 17, 2021
South Carolina Federal Credit Union CEO Scott Woods has been named a Top CEO in 2021 by Glassdoor, one of the world’s largest job and recruiting sites. Of the 50…
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Protecting Your Children’s Credit
June 16, 2021
By Brittany M. Midgette As you sort through your mail, you may notice that some mail has arrived that is addressed to your child. For example, your ten-year-old child may…
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Southern First appoints Dave Favela as Chief Innovation Officer
June 15, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced the appointment of Dave Favela as Chief Innovation Officer. Favela joins Southern First with 14 years of…
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United Community Bank selects Mount Pleasant area banker for Leadership Academy
June 9, 2021
United Community Bank has chosen fourteen of its emerging leaders for the bank’s 2021 Leadership Academy, an internal professional development program which includes team members from around the five-state United…
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Understanding Your Portfolio and Fees
May 29, 2021
By Charles B. Flowers, CFA At the end of every month, quarter, and year, the investment world tallies returns and produces reports. Frequently the results are delivered in chart-filled reports…
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United Community Banks, Inc. and Aquesta Financial Holdings, Inc., the parent of Aquesta Bank, announce merger agreement
May 27, 2021
United Community Banks, Inc. (United) and Aquesta Financial Holdings, Inc. (Aquesta) announced a definitive agreement for United to acquire Aquesta, including its wholly-owned subsidiary, Aquesta Bank. Aquesta is headquartered in…
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Carson Williams joins First Reliance Bank as senior vice president
May 26, 2021
Carson Williams has joined First Reliance Bank as senior vice president and residential lending specialist. He will work out of First Reliance’s Mortgage Operations center in Mount Pleasant, which helps…
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First Reliance Bank announces branch manager for Mount Pleasant location
May 26, 2021
First Reliance Bank has hired Christina Johnson as vice president and branch manager for its Mount Pleasant branch. In this new role, Johnson will oversee the day-to-day client services and…
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Mark Mercuri joins First Reliance Bank as senior vice president
May 26, 2021
Mark Mercuri has joined First Reliance Bank as senior vice president and commercial lender. Based in Mount Pleasant, S.C., Mercuri will be responsible for building and maintaining relationships with business…
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Southern First announces three new appointments to board of directors
May 21, 2021Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced the appointment of three new directors. Terry Grayson-Caprio, Ray Lattimore, and William Maner, IV will join the…
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First National Bank expands in Charleston with Branch at Freshfields Village
May 17, 2021
First National Bank, the largest subsidiary of F.N.B. Corporation, announced its continued expansion in Charleston, SC, with an innovative branch at Freshfields Village, an open-air shopping and dining experience at…
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Learn to spot the signs of elder abuse in South Carolina during Older Americans Month
May 13, 2021
By Justin Hawkins, Wells Fargo Bank The 73-year-old woman put her trust in, and handed over her financial resources to, her two supposed caregivers. In return, they stole all of…
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United Community Banks, Inc. announces acquisition of FinTrust Capital Partners, LLC
May 13, 2021
United Community Banks, Inc. (United) today announced that its Advisory Services division will be expanding through the acquisition of FinTrust Capital Partners, LLC (FinTrust), and its operating subsidiaries FinTrust Capital…
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FPA of South Carolina to offer scholarships to South Carolina-based high school students for the summer 2021 Financial Planning Academy
May 6, 2021
In an effort to introduce high school students to the financial planning profession, the Financial Planning Association (FPA) of South Carolina announced today they plan to offer a limited number…
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United Community Bank ranks #1 in Customer Satisfaction with Consumer Banking in the Southeast, 7 out of the last 8 years
May 3, 2021
United Community Bank announced it once again is ranked Highest in Customer Satisfaction with Consumer Banking in the Southeast according to the J.D. Power 2021 U.S. Retail Banking Satisfaction Study℠.…
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Order of Contributions
April 30, 2021
By Corinne Hanna, CFP® Whether you are an employee deciding about your annual benefits at election time or an employer deciding which benefits to offer, make your workplace benefits work…
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Southern First reports results for first quarter 2021
April 27, 2021
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three-month period ended March 31, 2021. “We are off to a strong…
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United Community Banks, Inc. reports first quarter results
April 21, 2021United Community Banks, Inc. (NASDAQ: UCBI) (United) announced that net income for the first quarter reached a record $73.7 million and pre-tax, pre-provision income was $81.6 million. The quarter benefited…
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First Reliance Bank announces new Charleston Local Advisory Board
April 20, 2021
First Reliance Bank, a community bank located in Florence, S.C., announced the formation of a new board of trusted advisors in Charleston. The Charleston Local Advisory Board is comprised of…
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United Community Bank welcomes Tom Coker as Commercial Relationship Manager
April 20, 2021
United Community Bank announced that Tom Coker has joined the team as Commercial Relationship Manager. In this role, Coker will be responsible for providing commercial customers with products and services…
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United Community Bank offers families tips for National Teach Children to Save Day
April 20, 2021United Community Bank is proud to celebrate National Teach Children to Save Day on April 22 to help youth in their communities learn to make smart money choices. Established by…
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