McElveen named to First Reliance Bank Board

  June 29, 2022

William Jack McElveen, Jr. has been named to the First Reliance Bank Board of Directors. Before his retirement, McElveen served as the bank’s Executive Vice President and Chief Credit Officer.…

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

Countybank’s SBA Lending department passes $100 million

  June 28, 2022

Countybank’s SBA department reached a significant milestone since its launch five years ago as it passed more than $100 million in loan closings. The SBA lending program was launched in…

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

Tax tips about working remotely

  June 21, 2022

The relief offered to out-of-state employers from South Carolina’s requirements to withhold taxes from wages for employees who temporarily work in the state due to COVID-19 will end on June…

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

DHEC, SCDNR urge residents not to keep wild animals as pets

  June 20, 2022

The South Carolina Department of Health and Environmental Control (DHEC) and the South Carolina Department of Natural Resources (SCDNR) urge South Carolinians not to keep wild animals as pets. To protect people…

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

Bank of the Lowcountry selects chair, vice chair of board

  June 20, 2022

Following the recent annual meeting of shareholders, the board of directors for Bank of the Lowcountry elected Peden Brown Mcleod Jr. chairman of the board and Pamela J. Robertson vice…

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

GEM Mining announces May 2022 production update

  June 10, 2022

GREENVILLE, SC – GEM Mining, a bitcoin (“BTC”) mining company headquartered in Greenville, South Carolina, published its mining production results for May 2022. Key metrics include: At the end of…

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

First Reliance Bank receives participating partner award

  June 8, 2022

Edwin Lesley, Chairman of the Business Development Corporation of South Carolina, recognized First Reliance Bank’s excellent performance during their Annual Meeting on May 5, 2022. Rick Saunders, the Founder and…

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

State Treasurer Curtis Loftis announces SC maintains high credit ratings

  June 7, 2022

State Treasurer Curtis Loftis announced that South Carolina continues to receive an excellent response from the three major credit rating agencies. In preparation for a general obligation bond issuance, Moody’s…

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

James Owens appointed Countybank BSA Officer

  June 2, 2022

Countybank announced that James Owens has been appointed Bank Secrecy Act (BSA) Officer by the Countybank Board of Directors overseeing both the BSA and Office of Foreign Assets Control (OFAC)…

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

SAFE Federal Credit Union selects new Controller

  May 25, 2022

SAFE Federal Credit Union selected Martha Brendle as its new Controller. Brendle joins SAFE from Raleigh, North Carolina where she served as Coastal Credit Union’s Accounting Manager. Her work experience…

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

Appalachian Development Corporation hires Michael Smith as Vice President

  May 18, 2022

Appalachian Development Corporation (ADC) welcomes Michael Smith as their new Vice President. He will be working with banks, lenders, credit unions, and small businesses throughout South Carolina providing the SBA…

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

Countybank Foundation awards scholarships to Lander and PTC students

  May 11, 2022

The Countybank Foundation, established in 1971 representing Countybank and Greenwood Capital, recently awarded scholarships to Lander University and Piedmont Technical College (PTC) students. The Countybank Foundation annually provides scholarships to…

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

South Carolina Federal announces 2022 scholarship winners

  May 4, 2022

South Carolina Federal Credit Union is proud to announce the winners of its 12th annual scholarship program. Nine students who are attending a technical or traditional college in South Carolina…

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

Utilizing the 0% Tax Rate on Long-Term Capital Gains

  May 1, 2022

By Carolyn Stewart Even if the holidays have passed, it’s never too early or too late to start thinking about what gifts you can give to your loved ones. While…

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Posted in: lowcountrybizsc, midlandsbiz, upstatebizsc, laurenscountybuzz   Category: accounting, advice, banking-and-finance, financial-advisors, on-the-move

First Reliance Bank promotes Melinda Blake to Branch Manager

  April 29, 2022

First Reliance Bank announces the promotion of Melinda Blake to Branch Manager of the Mt. Pleasant branch, replacing Weston Peters, who has moved to the bank’s commercial banking division. Melinda…

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

Southern First reports results for first quarter 2022

  April 26, 2022

Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, today announced its financial results for the three-month period ended March 31, 2022. “The first quarter represents the…

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

Synovus announces earnings for the first quarter 2022

  April 21, 2022

Diluted Earnings per Share of $1.11 vs. $1.19 in 1Q21 Adjusted Diluted Earnings per Share of $1.08 vs. $1.21 in 1Q21 Synovus Financial Corp. (NYSE: SNV) today reported financial results for…

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

Society of CIC honors Rudy Painter for 35 years of dedicated leadership

  April 19, 2022

Rudy Painter, CIC, Division Executive for Countybanc Insurance was recently recognized for professional leadership and advanced knowledge by the Society of Certified Insurance Counselors. Painter was awarded a certificate of…

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