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Press Releases

F.R."Rick" Saunders CEO Receives Order Of The Palmetto Award

The Order of the Palmetto is the highest civilian honor awarded to citizens of South Carolina for extraordinary lifetime achievement, and for national or statewide service.  The Order of the Palmetto is a once in a lifetime achievement.  South Carolina State Senator, Hugh Leatherman, presented the Order of the Palmetto Award to F.R. “Rick” Saunders on behalf of Governor McMaster at a luncheon on Friday, March 15th at the Florence Country Club. “I am honored to receive this recognition,” said Saunders.  “Early in my career I made the commitment to be involved in the communities we do business in and try to truly make a difference. I was fortunate to expand that to the State level as the bank grew and more opportunities arose.” Some of the highlights of Mr. Saunders career include an appointment by previous Governor Mark Sanford to the South Carolina State Board of Financial Institutions where he served a twelve year term. On the board, he led efforts to restructure the responsibilities of the State Banking Commission and worked closely with legislature to accomplish this. He also served on the State Chamber of Commerce Board and the South Carolina Bankers Association Board both of which are State focused

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Coward named VP of Human Resources

Coward brings more than 20 years of experience in human resources.

First Reliance Bank announces the addition of Cindy Coward as Vice President of Human Resources. Coward joins First Reliance with more than 20 years of experience in human resources. Her background includes leadership roles with major corporations where she was recognized for a number of successful employee engagement initiatives and for developing and implementing highly effective human resources programs. “From the start, community-minded professionals have been the backbone of the bank,” said David Barksdale, North Carolina president, First Reliance Bank. “We view the HR function as something more than people and policies. It’s a multi-faceted area that is critical to shaping the future growth of the bank. Cindy’s background, skills and record of success in that space, fits our culture and I know that she will make a difference for our associates and our customers.”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       In this role, Coward will be responsible for the oversight and execution of the Bank’s human resource program, including implementing effective strategies to attract, develop and retain outstanding associates. “It’s an exciting time to work at First Reliance Bank,” said Coward. “I’m honored to be part of its growth in the Carolinas and look forward to building

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Hill brings close to 30 years of experience to the bank's markets in the Carolinas

First Reliance Bank announces the addition of Tracey Hill as director of treasury services. In this role, Hill will be responsible for developing and managing the bank’s commercial deposit relationships across the bank’s footprint. A certified treasury professional (CTP), Hill’s background includes close to 30 years of experience in treasury management, operations and sales with banks located in Charlotte, N.C. In addition, his experience includes the formation of a treasury services platform for a community bank, which provided him the unique perspective from the ground up on how to design and implement cash management solutions for small businesses. “Experienced treasury service bankers like Tracey are a trusted resource for our business customers,” said David Barksdale, North Carolina president, First Reliance Bank. “He is extremely knowledgeable about the available banking products and skilled at identifying the most effective options for managing cash. Tracey’s ‘do what it takes’ mindset to customer service complements our unique approach to community banking and we are fortunate to have him join our team.” “Business customers, large and small, have unique needs that often require more creative solutions,” said Hill. “It was important to me to work with a bank, like First Reliance, that offered the range and level of

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Rick Saunders Recognized by SC State Treasurer For Twelve Years Of Service

First Reliance Bank CEO, Rick Saunders, was recently recognized by SC State Treasurer, Curtis Loftis,  Saunders served twelve years on the State Board of Financial Institutions. (Pictured L to R:  SC State Treasurer, Curtis Loftis and First Reliance Bank CEO, Rick

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