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Saturday, August 18, 2018

Cleaning up Your Christmas Mess

Spoiler alert – this is not an article about wrapping paper  By Robert DeHollander, CFP®, AIF®, CRPC® Managing Principal, DeHollander & Janse Financial Group It’s that time...

Upstate business community optimistic new law will fuel economic growth in...

Love it or hate it, tax reform has arrived. On Dec. 22, President Donald Trump delivered on his promise to overhaul the nation’s Internal Revenue...

First Look: United Community Bank moves into former Erwin Penland building...

United Community Bank has nearly doubled its operations office space, moving over the past few weeks from 18,000 square feet in RiverPlace to the...

Playing the Long Game: Insights for investors from the rebuilding process...

When Sports Illustrated boldly claimed on the cover of their June 25, 2014, issue that the Houston Astros would win the 2017 World Series, it seemed to be a ludicrous prediction.

Making Sense of Tax Reform

Over the past several weeks, Republicans in the House and Senate have finally released tax reform bills.

Spartanburg’s Carolina Alliance Bank’s earnings fall during third quarter

The bank said the decrease was due to an increase in its provision for loan losses and decreased net interest income from net interest margin compression.

Carolina Alliance completes reorganization under new holding company

The Federal Reserve gave the Spartanburg bank approval to reorganize under the new company CAB Financial Corp.

First Community completes acquisition of Cornerstone Bancorp

The combined company has more than $1 billion in assets and $914 million in deposits and customer cash management accounts.

FINRA says Greenville’s Sandlapper Securities defrauded investors

FINRA alleges Sandlapper sold investments in saltwater disposal wells at excessive markups through a development company it controlled.

First Reliance to acquire Greenville-based Independence National Bank

The acquisition is expected to close in the first quarter of 2018.

VentureSouth expands into NC’s Triad region

The addition of VentureSouth Piedmont brings to 13 the number of angel investor groups in both Carolinas that fall under the VentureSouth umbrella.

Greenville-based FinTrust merges with Athen’s Broad Street

The new FinTrust has offices in Greenville, Anderson, Charleston, Athens, and Macon, Ga., and plans to add offices in Atlanta and Columbia.

Carolina Alliance announces 5 percent stock dividend

The bank said the dividend will be payable Sept. 19 to shareholders of record as of Sept. 5, 2017.

Regulators clear merger of SC banks

Cornerstone operates branches in Easley,  Greenville, and Piedmont.

Harton named CEO of United Community Bank

Greenville is a key location for the growing bank, which employs just under 2,000 people and operates 142 branches in the Carolinas, Georgia, and Tennessee.

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