First Reliance Bank Receives Participating Partner Award

Rick Saunders, First Reliance Bank Founder & Chief Executive Officer Presented Participating Partner Award

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 Chief Executive Officer of First Reliance Bank, accepted the Participating Partner Award for 2021 for the Greatest Number of Loans Approved in 2021 on behalf of the bank.

Saunders said of the award, “I was surprised to receive the award, one that recognizes everyone’s instrumental role in helping our business customers with their PPP loans last year. I have been proud of how our team accepted the challenge and showed tremendous courage to dig in and help the businesses in our communities. I’m proud to serve on the South Carolina Business Development Corporation board that helps businesses across South Carolina succeed, and I am most proud of the team that I represent behind this achievement!”

Founded in 1999, First Reliance Bancshares, Inc. (OTC: FSRL.OB), is based in Florence, South Carolina, and has assets of approximately $910 million. The Company employs more than 200 professionals and has locations throughout South Carolina and central North Carolina. First Reliance has redefined community banking with a commitment to making customers’ lives better, its founding principle. Customers of the company have given it a 93% customer satisfaction rating well above the bank industry average of 81%. First Reliance has been awarded the “Best Places to Work in South Carolina” award all 16 years since the program began. We believe that this recognition confirms that our associates are engaged and committed to our brand and the communities we serve. In addition to offering a full range of personalized community banking products and services for individuals, small businesses, and corporations, First Reliance offers two unique community-customers programs, which include: Hometown Heroes, a package of benefits for those serving our communities, and Check ‘N Save, an outreach program for the unbanked or under-banked. We also offer a full suite of digital banking services, treasury services, a Customer Service Guaranty, and a Mortgage Service Guaranty. Additional information about the Company is available on the Company’s website at www.firstreliance.com.


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