Category Archives: Banking

CresCom Bank welcomes Kay Pearce as part-time teller in Cayce

CHARLESTON, S.C., Nov. 29, 2016 – CresCom Bank, the community-banking leader within the Carolinas, welcomes Kay Pearce as a part-time teller in the Cayce branch. With this new hire, Pearce rejoins the workforce after retiring from NBSC as a senior teller. “We’re pleased to welcome these new team members to our CresCom Bank branches,” said…
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First Reliance reports record 3Q pretax profit of $1.6 million

FLORENCE, S.C., Oct. 31, 2016 -- 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 the 11th consecutive quarter of profitability which continues to be fueled by strong loan and deposit growth, and expanding operating efficiencies. In…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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