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William Garland: Named a Top 20 Under 40 Billheimer’s Service a Gift to the Community By Patricia Burkett
Bank to be Open on Holidays First Reliance to Celebrate November's National Adoption Awareness Month November 15, 2007 Florence, SC – In honor of National Adoption Awareness Month, First Reliance Bank is hosting a local campaign to encourage families throughout the Florence, Lexington, Charleston, and Mount Pleasant communities to open their hearts and homes to foster care children who are waiting for permanent, loving families. Read Full Article Mark MacKinnon Joins First Reliance Bank November 9, 2007 Florence, SC – First Reliance Bank recently announced that Mark
MacKinnon has joined their York County Business Banking Team as Vice President,
Business Banker. In his new role, MacKinnon will be responsible for acquiring and
developing new and existing business opportunities such as real estate and equipment
purchases, debt restructuring, and working capital funding. MacKinnon will be based
out of the First Reliance Rock Hill office. Read Full Article Dan Tate Joins First Reliance Bank November 8, 2007 Florence, SC – First Reliance Bank recently announced that Dan
J. Tate has joined the Rock Hill Mortgage Lending team as Vice President, Mortgage
Market Manager. In his new role, Tate will be responsible for building a team of
retail mortgage professionals to service the York County, South Carolina and North
Carolina markets and to develop strategic wholesale relationships with mortgage
brokers and financial institutions within the market. Read Full Article
First Reliance Announces Participation in ICBA National Community Bank Mortgage Week
Kay Rode Joins First Reliance Bank October 24, 2007 Florence, SC – First Reliance Bank recently announced that Kay Rode has joined the Charleston Mortgage Lending team as a Mortgage Loan Specialist in the First Reliance Mount Pleasant office. In her new role, Rode will be responsible for acquiring and developing new consumer mortgage opportunities with builders, realtors, and homeowners. Read Full Article First Reliance Announces 3rd Quarter Net Income of $2.2 Million October 22, 2007 Florence, SC – First Reliance Bancshares, Inc., (OTC Bulletin Board: FSRL), the holding company for First Reliance Bank, today announced 3rd quarter 2007 net income of $2.2 million. Unaudited net income for the nine months ended September 30, 2007 was $2.2 million, or $0.62 per diluted share, compared to $2.3 million, or $0.65 per diluted share, for the third quarter of 2006. Unaudited net income for the three months ended September 30, 2007 was $584,877, compared to $864,912 reported in the prior-year period. Net interest income was $4.7 million in the third quarter of 2007, while non-interest income was $1.3 million. Basic earnings per share were $0.17, compared to the $0.25 reported in the prior year period. Read Full Article Kim Smith Joins First Reliance Bank October 18, 2007 Florence, SC – Kim Smith has joined First Reliance Bank as Assistant Vice President, Business Banking in the Myrtle Beach market. In this role, Smith’s primary responsibilities include acquiring and developing new and existing business opportunities such as real estate and equipment purchases, debt restructuring, and working capital funding. Read Full Article Wallace-Gregg receives free violins for entire third grade October 11, 2007 - Florence, SC By Shireese Bell Third-grade students at Wallace-Gregg Elementary School were given free violins to enhance their learning opportunities, thanks to a donation from several local sponsors. Students received the violins and instructional materials needed to start the four-year project during a ceremony Thursday at the school. Read Full Article First Reliance to Celebrate Grand Opening of Mount Pleasant Branch October 15, 2007 Florence, SC – First Reliance recently upheld their commitment to be Easy To Do Business WithTM when they opened the doors to their new state-of-the-art branch in Mount Pleasant, SC. “Community and customers are essential to the success of our bank. Our goal at First Reliance is to consistently exceed customer expectations and provide superior customer service,” stated Rick Saunders, President and CEO. “Our new standard of banking does just that; providing a level of convenience that, before now, was unseen in the traditional bank setting. All of our Mount Pleasant, Lexington, and Florence branches offer 8-8 Mon-Sat banking hours, FREE Coin Machines, and Same Day Banking which allows customers until 8pm to make a deposit that will available the next business day.” Read Full Article American Lung Association Celebrates Bank Day at First Reliance First Reliance to Celebrate Grand Opening of Lexington Regional Headquarters October 3, 2007 Florence, SC – First Reliance recently upheld their commitment to be Easy To Do Business WithTM when they opened the doors to their new state-of-the-art regional headquarters in Lexington, SC. “Community and customers are essential to the success of our bank. Our goal at First Reliance is to consistently exceed customer expectations and provide superior customer service,” stated Rick Saunders, President and CEO. “Our new standard of banking does just that; providing a level of convenience that, before now, was unseen in the traditional bank setting. All of our Lexington, Mt. Pleasant, and Florence branches offer 8-8 Mon-Sat banking hours, FREE Coin Machines, and Same Day Banking which allows customers until 8pm to make a deposit that will available the next business day. Read Full Article William Garland Joins First Reliance Bank August 16, 2007 Florence, SC – First Reliance Bank recently announced that William A. Garland, Jr. has joined the business banking team as Vice President, Business Banker. In his new role, Garland will be responsible for acquiring and developing new and existing business opportunities such as real estate and equipment purchases, debt restructuring, and working capital funding. Read Full Article Behind the checks and balances How Lexington became a hub for banking ‘back offices’ Three banks — First Community Bank, First Reliance Bank and Carolina First Bank — employ a total of about 500 workers who perform a variety of behind-the-scenes jobs critical to keeping the banks open and customers’ accounts accurate. Read Full Article Business Person of the Year and Chamber Champ F. R. "Rick" Saunders was presented the most coveted award at the Chamber’s 90th Annual Dinner held on September 6th, 2007. The Greater Florence Chamber Business Person was recognized for his outstanding contributions to the region. Charles K. Williams, committee chairman of the Business Person of the Year sponsored by Wachovia, presented the award to Mr. Saunders. Read Full Article First Reliance Announces Same Day Banking Until 8pm September 7, 2007- Florence, SC – First Reliance Bank announced today that all of their branches have extended the cutoff time for transactions until 8 p.m. Noting new technology in processing, the bank has stated that all transactions, Monday through Friday, whether administered through teller or drive up, will be accepted and processed the same day, allowing all customers (both business and retail) the convenience of depositing a check before 8 p.m. and having the deposit processed the same day. In addition, all of the bank’s electronic systems will now operate in real time; all ATM, phone banking, and online banking balances will be actual balances. Read Full Article Ben Brazell to Lead First Reliance Bank in Charleston and Surrounding Areas September 6, 2007- Florence, SC – Ben Brazell has joined First Reliance Bank as Charleston Market President. In this role, Brazell’s primary responsibilities include growing the bank’s market share and locations, while acquiring and developing business and personal banking relationships. Read Full Article First Reliance Announces 2nd Quarter Net Income of $907,708 – Up 10.30% July 23 , 2007 Florence, SC - First Reliance Bancshares, Inc., (OTC Bulletin Board: FSRL), the holding company for First Reliance Bank, today announced 2nd quarter 2007 unaudited pre-tax income of $1.3 million, an increase of $108,783, or 9.32%, compared to $1,167,411 reported the second quarter of 2006. Read Full Article Brad Schneider Joins First Reliance Bank July 9, 2007 Greenville, SC – Brad Schneider has joined First Reliance Bank as Senior Vice President, Senior Lender-Upstate. Rick Saunders, President and CEO, stated, “Brad represents our commitment to hire the best people, in the best locations. Brad’s twenty years of experience in lending and leadership in the upstate was the perfect combination to lead us into our newest market.” Read Full Article Jason Hucks Graduates LSU School of Banking July 3, 2007 Florence, SC – Jason Hucks, Assistant Controller, First Reliance Bank, recently earned a diploma from the Graduate School of Banking at Louisiana State University. This three-year program provides courses covering all aspects of banking, economics, and related subjects. Read Full Article Rick Saunders Named Ernst & Young Entrepreneur of the Year ® June 15, 2007 Florence, SC – Rick Saunders, President and CEO of First Reliance Bank, has been named the Ernst & Young Entrepreneur Of The Year ® for the financial services industry of the Carolinas Region. Over 100 nominations were received from both North and South Carolina, but only 8 industry specific awards were presented. Because of this achievement, Saunders will be inducted into the Ernst and Young Entrepreneur of the Year Hall of Fame and is eligible to receive the National Entrepreneur Of The Year Award. National winners will be announced in Palm Springs in November. Read Full Article Steve Sannella Joins First Reliance Bank June 11, 2007 Florence, SC – Steve Sannella has joined First Reliance Bank as Senior Vice President, Business Banking Manager of the bank’s Rock Hill loan production office. In his role as Business Banking Manager, Mr. Sannella’s primary responsibility will be acquiring and developing business and personal banking relationships throughout the entire York County. “Steve is a direct reflection of our mission to be an employer of choice. Much of our success is a direct result of our commitment to recruit and develop great, talented people. Steve’s more than 18 years of banking experience in York County, along with his professional awards and achievements proves him to be the perfect fit for successfully extending our footprint into the area,” commented Rick Saunders, President and CEO. Read Full Article First Reliance Bank Added to Palmetto 25 June 8, 2007 Florence, SC – It was recently announced that First Reliance Bank has been added to the Palmetto 25 by The State newspaper. The Palmetto 25 is a list of South Carolina’s largest publicly held companies. Ranking is based on the 25 companies with the greatest annual revenue, and the list is compiled from over 50 companies which filed financial statements with the U.S. Securities and Exchange Commission during 2006. In 2006, First Reliance reported revenues of $36 million, an increase of 39% over 2005. Read Full Article Rick Saunders Named Finalist for the Ernst & Young Entrepreneur of the Year ® Award May 16, 2007 Florence, SC – Rick Saunders, President and CEO of First Reliance Bank, has been selected as a finalist for the Ernst & Young Entrepreneur of the Year ® 2007 award in The Carolinas. Over 100 nominations were received from both North Carolina and South Carolina, but only 24 finalists were selected. Saunders was the only finalist from the Pee Dee to be selected. An awards banquet honoring all finalists will be held June 14, 2007 in Charlotte, NC. Read Full Article Pat Whaley Joins First Reliance Bank May 8, 2007 Florence, SC – First Reliance Bank recently announced that Pat Whaley has joined the Mortgage Lending team as Vice President of Construction and New Development. In his new role, Whaley will be responsible for acquiring and developing new business opportunities with builders, developers, and homeowners. “Pat brings a unique set of skills and experiences to our team; his outstanding track record has earned him many accolades, including consistently earning the title of Top Producer throughout his career,” said Ken Cox, Senior Vice President of Mortgage Banking. “His leadership skills, customer relationship experience, and mortgage and real estate knowledge support the bank’s growth plans and will help us deliver first rate mortgage service to customers and real estate developers in our communities.” Read Full Article >> Past Highlights  |
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