Community First Bank sells SeaTrust Mortgage
Community First Bancorporation, the parent company of Community First Bank Inc., sold the bank's subsidiary, SeaTrust Mortgage Co., to Primis Bank of Glen Allen, Va., in an all-cash transaction.
The war in Ukraine takes its toll on economy
The negative impact of the war on GDP growth around globe will be significant, according to an economic forecast quoted by economist Stephen Slifer. The biggest concerns for Americans currently are
People in the News, May 18
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SC venture capital firm closes $102M fund
Venture fund group Good Growth Capital today announced it has closed its oversubscribed third fund at $102 million. The new fund is the largest in state history, according to a statement issued at the Dig South Tech Summit hosted by the
United Community Banks and Progress Financial Corp. to merge
United Community Banks Inc. and Progress Financial Corp. today announced plans for UCB to purchase Progress, which is headquartered in Huntsville, Ala.
Countybank names Anderson market executive
The Wofford College and North Carolina School of Banking at UNC Chapel Hill graduate will be promoted to the role of executive vice president. In his role as Anderson market executive, he will
Gaffney crypto startup gears up for additional $280M investment
Tony Tate thinks that 2022 is a turning point, not just any turning point, but the largest transfer of wealth in human history. That's one reason why the Easley native has come back to his old stomping grounds after more than two
$101 million allocated to SC capital fund
South Carolina venture capital and small business loan programs will soon be able to take advantage of more than $101 million in American Rescue Plan Act funding earmarked for the state. The deadline for
Upstate Giving, April 4
The company will donate one of its refrigerators and a total of $45,000 to local nonprofits for the purchase of fresh produce. Also in the Upstate, a bank is helping improve kids’ vision at a Greer school and BMW Charity Pro-Am
United Community Bank breaks ground on Greenville headquarters
In front of 200 attendees Tuesday, Gov. Henry McMaster awarded the bank’s CEO and chairman the state’s highest civilian honor ...
Unity Park nears opening with new donation
One Greenville-headquartered company donated $250,000 to dedicate the park’s central plaza to local community leader ...
Richland County earns high credit ratings from 2 bureaus
Richland County has earned top ratings from two of the nation's premier credit rating bureaus. The rating makes it less expensive for the county to finance debt obligations, meaning the county can invest more in