Leaving a Legacy – Using a Retirement Account Beneficiary Designation to Gift to Charity
August 31, 2020
By J. Abigail Mason, CFP® Designating a charity through a retirement account beneficiary designation is a great option for those who are philanthropic and who also want to ensure money…
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United Community Bank welcomes David Kershaw as Vice President, Legal Counsel
August 31, 2020
United Community Bank recently announced the addition of David Kershaw as Vice President, Legal Counsel. In this role, Kershaw will work with the bank’s Special Assets and Commercial Credit Counsel…
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South Carolina Federal named one of the Best Places to Work in South Carolina
August 27, 2020
South Carolina Federal Credit Union was recently named one of the Best Places to Work in South Carolina. This survey-and-awards program, created by SC Biz News, the South Carolina Chamber…
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South Carolina-based Verity Investment Partners named 2020 Financial Times 300 Top Registered Investment Advisers
August 20, 2020Verity Investment Partners (VIP), a boutique investment advisory firm serving individual investors and their families, is pleased to announce that it has been named to the Financial Times 2020 edition…
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Abacus Planning Group named to Financial Times 300 Top Registered Investment Advisers
August 18, 2020
Abacus Planning Group announced it has been named, once again, to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers. The list recognizes top independent RIA firms…
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United Community Bank Promotes Lisa Shelnutt to Commercial Real Estate Division Manager
August 17, 2020
United Community Bank announced the promotion of Lisa Shelnutt to Commercial Real Estate Division Manager. In this expanded role, Shelnutt will manage all Commercial Real Estate efforts throughout the bank’s…
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First National Bank adds Meg Peavey to South Carolina commercial banking team
August 12, 2020
First National Bank Adds Meg Peavey to South Carolina Commercial Banking Team First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), announced that it has hired Meg Peavey…
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Will Aiken joins Southern First Bank, expanding Southern First credit leadership
August 11, 2020Southern First Bank, the largest bank headquartered in South Carolina, welcomes Will Aiken, who will carry the title of Executive Vice President with the company. Will brings extensive leadership experience…
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Moryah Jackson joins United Community Bank as Vice President, Director of Community Development and Engagement
August 10, 2020
United Community Bank welcomed Moryah Jackson as Vice President, Director of Community Development and Engagement. In this newly created leadership role, Jackson will be responsible for oversight of the bank’s…
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SC banks close $5.7 billion in PPP loans, protect more than 650,000 jobs
August 10, 2020
South Carolina banks participating in the Paycheck Protection Program closed $5.7 billion in loans in a little more than 90 days, assisting in the protection of better than one in…
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Greystar closes $600 million Greystar Credit Partners II
August 10, 2020
CHARLESTON, S.C.–(BUSINESS WIRE)–Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality purpose-built rental housing properties, announced the launch and funding of Greystar…
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South Carolina Federal merges with Spartanburg City Employees Credit Union
August 4, 2020
South Carolina Federal Credit Union is proud to announce its completed merger with Spartanburg City Employees Credit Union following a member vote in June. The financial center located in City…
Read MorePosted in: lowcountrybizsc, upstatebizsc Category: banking-and-finance, headlines, on-the-move
Palmetto closes on $29 million Series B raise
August 3, 2020
CHARLESTON, SC – Palmetto, a software company focused on simplified energy savings for homeowners, announced that it has completed a $29 Million Series B raise. Investors from a wide range of…
Read MorePosted in: lowcountrybizsc Category: banking-and-finance, energy, hi-tech-information-tech, on-the-move
Celebrating ABLE to Save Month with our partners
August 3, 2020
By State Treasurer Curtis Loftis Because our citizens living with disabilities deserve the same chance to achieve financial independence and stability as all South Carolinians do, I’m proud to serve…
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Charitable Considerations When Selling a Business
July 30, 2020
By Bethany M. Griffith, CFP®, EA Running a business is full of decision points, strategy planning, and opportunities. All of these factors remain when it is time to sell…
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First Reliance Bank named Best Places to Work in South Carolina for fifteenth consecutive year
July 29, 2020
First Reliance Bank was recently named as one of the Best Places to Work in South Carolina. The fifteenth annual program was created by SC Biz News in partnership with…
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Southern First reports results for second quarter 2020
July 28, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three and six-month period ended June 30, 2020. “In this current environment,…
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South Carolina Federal opens Cane Bay Financial Center
July 28, 2020
South Carolina Federal Credit Union is pleased to announce that its Cane Bay financial center, located at 1736 State Rd. in Summerville, is now open. The Cane Bay financial center…
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VentureSouth leads investment in Altis Biosystems
July 27, 2020
VentureSouth announced that it has led the oversubscribed $3.1 million Series Seed investment round for Altis Biosystems, a Chapel Hill, NC-based biotechnology company. Altis Biosystems makes drug discovery faster, cheaper,…
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United Community Banks, Inc. reports second quarter results
July 22, 2020
United Community Banks, Inc. (NASDAQ: UCBI) (United) reported second quarter financial results, with record year-over-year loan and deposit growth. United delivered net income of $25.1 million and pre-tax pre-provision income…
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United Community Bank awarded 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts
July 14, 2020
United Community Bank is pleased to have been recognized by the South Carolina Arts Commission (SCAC) as a 2020 Elizabeth O’Neill Verner Governor’s Awards for the Arts award recipient. The…
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How to Complete the PPP Loan Forgiveness Application Webinar – July 8
July 2, 2020
NEW WEBINAR: HOW TO COMPLETE THE PPP LOAN FORGIVENESS APPLICATION Wednesday, July 8th @1pm EST Sign up here – https://www.ergpayroll.com/how-to-complete-the-ppp-loan-forgiveness-application/ During this webinar, we will cover the most recent updates…
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United Community Banks, Inc. completes acquisition of Three Shores Bancorporation, Inc. and its wholly owned bank subsidiary, Seaside National Bank & Trust
July 1, 2020
United Community Banks, Inc. has completed its merger, effective July 1, 2020, with Three Shores Bancorporation, Inc. Also, effective July 1, 2020, Three Shores’ bank subsidiary, Seaside National Bank &…
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What to Consider in a Buy-Sell Agreement
June 30, 2020
By Jonathan J. Robertson, CFP® If your business has more than one owner, having a buy-sell agreement in place is vital. A buy-sell agreement is used to determine in advance…
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United Community Bank announces plans to begin reopening branch lobbies
June 30, 2020
United Community Bank has announced they are reopening lobbies for additional branch locations across their four-state footprint, effective this week. United closed its lobbies on March 24 in response to…
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First Reliance Bank and MUSC Health Florence Division establish innovative partnerships to keep patients and health providers connected
June 25, 2020
First Reliance Bank announced a partnership with MUSC Health Florence Division, in conjunction with MUSC’s Florence Office of External Affairs, to donate 26 Apple iPad’s to its medical centers. This…
Read MorePosted in: lowcountrybizsc, midlandsbiz Category: banking-and-finance, hi-tech-information-tech, on-the-move
The South Carolina Bankers Association honors children of three CresCom Bank employees with Palmetto Scholarships
June 24, 2020
The South Carolina Bankers Association’s (SCBA) Young Bankers Division has honored children of three CresCom Bank employees with scholarships in 2020. Every year, the SCBA Young Bankers Division awards the…
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United Community Bank donates $10,000 to United Way
June 22, 2020
United Community Bank is proud to announce gifts totaling $10,000 to four United Way chapters throughout the bank’s southeastern footprint. The donations, which will help United Way further its mission…
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Rhiannon Poore joins Southern First, leading marketing and communications efforts
June 22, 2020
Southern First Bank welcomes Rhiannon Poore as Director of Marketing and Corporate Communications. Previously at Elliott Davis and FGP International, Rhiannon will be focused on helping the bank grow in…
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Palmetto Goodwill receives $100K grant for COVID-19 relief efforts
June 16, 2020
Palmetto Goodwill announced it received a $100,000 grant from Truist Financial Corporation to continue offering workforce assistance services through its virtual and walk-in Career Opportunity Centers. The grant is part…
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John Lindley joins First Reliance Bank as Vice President, Bank Operations Manager
June 4, 2020
John Lindley has joined First Reliance Bank as Vice President, Bank Operations Manager. Lindley is responsible for overseeing multiple aspects of the bank’s operations, and he will provide senior management…
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Apollon Wealth Management partners with Chicago-based Podesta Capital Advisors
June 3, 2020CHARLESTON, SC – Apollon Wealth Management, LLC, a collaborative and transparent financial planning firm, announced it has taken a minority interest in Chicago-based Podesta Capital Advisors and formed a new…
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United Community Bank named No. 1 Large Workplace on list of 2020 Top Workplaces in South Carolina
May 28, 2020United Community Bank is honored to have been named the number one large company on the 2020 list of Top Workplaces in South Carolina by Integrated Media Publishing and its…
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State Treasurer Curtis Loftis announces annual PalmettoBaby Grant Program
May 18, 2020
Babies born on May 29 eligible to receive $529 for college savings State Treasurer Curtis Loftis has been a passionate advocate of the importance of saving for college, as administrator…
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Transferring the Ownership of Your Business as You Approach Retirement: an ESOP may be the answer
May 14, 2020
By Ann J. Beckwith, CFP® As the owner of a business, you have worked tirelessly to build a profitable company in which you take pride. Now, as you approach…
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South Carolina Federal announces 2020 scholarship winners
April 29, 2020
South Carolina Federal Credit Union announced the winners of its 2020 scholarship program. After receiving more than 1,000 applications from college-bound students in South Carolina, the credit union has selected…
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South State commits $600,000 to COVID-19 relief
April 29, 2020
Offers Support for Communities and Small Businesses through SBA Paycheck Protection Program COLUMBIA, SC – South State Bank announced that it will donate $600,000 to the South State Emergency Relief…
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Southern First reports results for first quarter 2020
April 28, 2020
Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announced its financial results for the three-month period ended March 31, 2020. “As we find ourselves in the…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, on-the-move
United Community Bank resumes accepting applications for the Payroll Protection Program (PPP)
April 22, 2020
In anticipation of additional funding for the Payroll Protection Program (PPP) under the CARES Act, United Community Bank will resume accepting applications for small businesses interested in participating in the…
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South Atlantic Bancshares, Inc. reports earnings of 17 cents per diluted common share for the quarter ended March 31, 2020
April 22, 2020MYRTLE BEACH, S.C. – South Atlantic Bancshares, Inc., parent of South Atlantic Bank, reported net income of $1.3 million, or $0.17 per diluted share, for the quarter ended March 31, 2020, compared to $1.3…
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Edward Jones to open two new Charleston locations
April 20, 2020
NAI Charleston announced that Will Sherrod, CCIM represented Edward Jones in two new branch locations in the Charleston area. One location will be at 1405 Ben Sawyer Boulevard in Mt.…
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United Community Bank reserves $960 million for small business customers
April 17, 2020
United Community Bank announced it has successfully processed 6,918 applications through the Paycheck Protection Program (PPP) under the CARES Act, reserving more than $960 million for small business applicants. As…
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Wells Fargo donates $100,000 to South Carolina’s COVID-19 Response
April 16, 2020
Wells Fargo Foundation made a $100,000 donation to the One SC Fund: COVID-19 Response to support the community response to COVID-19 in South Carolina. The funding will help support food,…
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USDA opens second application window for Distance Learning and Telemedicine grant program funding
April 15, 2020
U.S. Department of Agriculture (USDA) Deputy Under Secretary for Rural Development Bette Brand today announced that USDA has opened a second application window for funding under the Distance Learning and Telemedicine (DLT)…
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Treasurer Curtis Loftis reminds Future Scholar 529 participants of need to reinvest recent college refunds
April 13, 2020
New IRS Guidance Provides Extended Relief due to COVID-19 State Treasurer Curtis Loftis announced that participants in Future Scholar, South Carolina’s 529 College Savings Plan, now have until July 15,…
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SBA offers disaster assistance to businesses and residents of South Carolina effected by severe storms and tornadoes
April 13, 2020
South Carolina businesses and residents affected by severe storms and tornadoes on Feb. 6 – 7, 2020 can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator…
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Helping your Child Purchase a Business
April 8, 2020
By Eddie W. Kramer, CFP®, EA Highly driven children often have a desire to own their own business, especially when they have grown up in a family of successful business…
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United Community Bank prepared to assist small business customers obtain relief through Federal CARES Act
April 1, 2020
United Community Bank has announced its plans to support communities and help small businesses obtain funding relief through the Paycheck Protection Program under the federal CARES Act. As one of…
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Aging and Eldercare – What’s Your Plan?
March 27, 2020
By Molly Thomas FPQP® at Abacus Planning Group Benjamin Franklin wisely said, “When you fail to plan you are planning to fail”. Many of us and most of our parents…
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McDonnell and Associates PA proudly introduces “McDonnell Sonic Signings”
March 26, 2020
McDonnell and Associates has proudly introduced the implementation of “McDonnell’s Sonic Signings”, providing a “drive thru” closing experience and safe alternative to in-office closings for the borrower, the attorney, and…
Read MorePosted in: lowcountrybizsc, midlandsbiz, upstatebizsc Category: banking-and-finance, business-services, law, on-the-move, residential-real-estate
