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Banking & Finance

Jun 2, 2022

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.

May 4, 2022

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.

May 2, 2022

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

Apr 25, 2022

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

Apr 6, 2022

$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

Apr 4, 2022

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

Mar 31, 2022

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

Mar 31, 2022

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 ...

Mar 17, 2022

Angel investment fund partners with CommunityWorks

Founders of the funding platform wanted to combine venture capital and charitable giving tools to create an investment pool for

Mar 14, 2022

Bank grants $325,000 to Upstate housing organizations

As COVID-19 enhanced the push for affordable housing across one bank's service area, the company distributed $5.8 million to 33 nonprofits in the region, including

Mar 1, 2022

The Hill Institute launches angel analyst fellowship at Furman

When he was a young boy, Oscar Guillen and his mother emigrated to the United States from Honduras in search of economic opportunities. Now, the Furman University Asian studies major wants to help young people in Honduras start businesse

Feb 28, 2022

New organization offers impact investment in the Upstate

Abundance Capital, a Greenville-based donor-advised fund platform launched in late 2021 with the aim of activating millions of dollars of place-based charitable impact investing to grow vibrant, inclusive Southern communities.