Iberiabank has picked a new office building in downtown Greenville as the location of its first permanent branch in South Carolina.
The regional bank from Louisiana said it expects to open the branch and its South Carolina headquarters in 5,000 square feet of office space on the ground floor of 110 East Court Street in December.
It will be the bank’s sole footprint in South Carolina for the time being and the “jumping off point” for a larger presence over time, said Sam Erwin, South Carolina president.
Erwin said available space on the ground floor, combined with ample parking, made 110 East Court Street a good fit.
Existing tenants in the five-story office building include the Cherry Bekaert accounting firm, the Parker Poe law firm, the EP + Co marketing agency, and the Avenue event space.
Erwin, former chief executive officer of The Palmetto Bank, said launching in downtown Greenville is the “right call” for any firm aiming to do business in the Upstate.
Iberiabank’s Greenville operation has been located in temporary offices at 105 N. Spring St. since April, when federal regulators gave it permission to open a branch in South Carolina, Erwin said.