Category Archives: Banking

South State Bank introduces disaster recovery programs for customers

(COLUMBIA – 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) are designed to assist customers with recovery efforts following the recent hurricane and subsequent flooding. The programs are available in…
Read more

Ameris Bank welcomes De’Laine Law as new mortgage banker

Columbia, SC – Ameris Bank Mortgage Services is pleased to announce that De’Laine Law has joined the Ameris Bank team. As a Mortgage Banker, De’Laine will be responsible for growing Ameris Bank’s Mortgage Services in the Columbia market. With over 22 years of experience in the Mortgage Industry, De’Laine is committed to helping people achieve…
Read more

S.C. bankers work to improve financial literacy across state

COLUMBIA, S.C. – South Carolina bankers spoke before more than 60,000 individuals this past year on the importance of good credit and other basic financial facts and concepts, continuing long-standing efforts at improving financial literacy across the Palmetto State. Financial literacy has been a key point of emphasis for the South Carolina Bankers Association and…
Read more

BB&T reports earnings of $541 million, up 19%; Record revenue up 18%

WINSTON-SALEM, N.C., July 21, 2016 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today reported quarterly earnings for the second quarter of 2016. Net income available to common shareholders was $541 million, up 19.2% from the second quarter of 2015. Earnings per diluted common share were $0.66 for the second quarter of 2016. Excluding merger-related and restructuring…
Read more

CresCom Bank adds Pamela Poole to Cayce branch

CHARLESTON, S.C., June 29, 2016 – CresCom Bank, the community-banking leader within the Carolinas, welcomes Pamela Poole, who serves as a customer service representative at the bank’s Cayce branch location. She is a retiree of Congaree Bank, serving in multiple financial roles, and following CresCom Bank’s acquisition of Congaree Bank, continued to lend her banking…
Read more

CresCom Bank Welcomes Kevin Adams as senior vice president in Columbia

CHARLESTON, S.C., June 20, 2016 – CresCom Bank, the community-banking leader within the Carolinas, has named Kevin Adams as its commercial market leader and senior vice president for the Columbia, S.C. market. In his new role, Adams will oversee the bank’s commercial growth in Columbia, a city where the bank recently acquired Congaree State Bank.…
Read more

TD Bank Names Shannon Stephens Regional Vice President for Midlands

Columbia, S.C. – June 2, 2016 – TD Bank, America's Most Convenient Bank, has named Shannon Stephens regional vice president for the Midlands of S.C. He will be responsible for managing a team of commercial bankers and ensuring TD Bank’s legendary service is delivered to its customers and community. A native of Chapin, Stephens brings…
Read more

Five South Carolina Banks Recognized at BDC & CDC Annual Meeting Bank Awards

Columbia, SC - Five South Carolina banks were recognized by Edwin Lesley, President and CEO of BDC, at the the 2016 annual meetings of Business Development Corporation (BDC) and Certified Development Corporation (CDC). This year’s annual meetings were held on May 12 at the Marriott Hotel in downtown Columbia. Recognized for their excellent performance in…
Read more

Tripp Whitener Joins South State Bank

(COLUMBIA, SC– May 23, 2016) South State Bank announced that Tripp Whitener has joined the company as a senior commercial lender. A native of Columbia, Whitener will be responsible for growing the bank’s commercial and industrial portfolio primarily in the central part of the state with a focus on Columbia and Lexington. During his career,…
Read more

Arthur State Bank a “Well-Capitalized” Bank, per FDIC

Union, South Carolina -- Arthur State Bank is pleased to announce the Bank completed first quarter of 2016 with earnings of $824,000. Total Assets of the Bank were $463,222,000. Significant bank ratios improved during 2015 and during the first quarter of this year also. President Carlisle Oxner stated that “the Bank has achieved the status…
Read more