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First Reliance Bank

Press Releases

Eighteen Associates Awarded President’s Club

March 29, 2018, Florence, S.C.  – First Reliance Bank recently announced that eighteen associates have been named to the 2017 President’s Club. Each year, as part of the bank’s associate rewards and recognition program, all managers have the opportunity to nominate an outstanding associate and submit a detailed reason of why the chosen associate deserves the award.  Executive Management then carefully reviews the nominations and selects the associates who go above and beyond performance expectations and who are the best role models for living the values of First Reliance Bank. President’s Club awards are for outstanding sales and service, operational excellence, professional, and leadership.   The 2017 President’s Club Winners are: Marie Wheeler, Florence Service,  David Mullins, Florence Service,  CM Brown, Florence Sales, Pam McCaskill, Florence Sales,  Tracy Brown, Lexington Service, Jason Koth, Lexington Sales, Bobby Mathewes, Charleston Sales, Shaniqua Pinckney, Charleston Service, Tina Tran, Greenville Service, Connie Griffin, Greenville Sales, Tracie Lang, Mortgage Operations, Toni Duncan, Mortgage Operations, Johnny Nexsen, Mortgage Sales, Robyn Paul, Mortgage Sales, Brett Frazier, Credit Admin/Loan Ops, Wendy Edgerton, Dealer Services/Collections , Cammie Clavon, Deposit Operations/Call Center, Pam Rhoads, Professional. “Announcing the associates who are in the President’s Club is always something I look forward to each year.  It’s just as hard for us to

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Brazell Named President of South Carolina

Rapidly growing First Reliance Bank promotes one of its top executives to the position of President of South Carolina. March 27, 2017, Florence, S.C. — Banking executive Ben Brazell has been promoted to the role of President South Carolina as part of the growth strategy of Florence-based First Reliance Bank. He will oversee sales management and community development for all South Carolina markets, as well as leading the growth initiatives of branch and market expansion, strategic acquisitions, and is responsible for the profitability of the SC sales platform. During his career, Mr. Brazell has held a number of positions in the banking industry, including sales management and executive leadership. Prior to coming to First Reliance, he served as Market President in Tennessee for a national bank, where he provided leadership and strategic direction to all business lines and activities. Most recently, he has served as First Reliance Market President for Charleston, SC. “I’ve lived and worked in banking in several markets of South Carolina,” said Mr. Brazell. “I love the variety and visionary qualities of the state. Leading the people of First Reliance Bank to grow our business by serving this state is a very exciting challenge for me. Our bank’s purpose, ‘to

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Merger with Independence National Bank Complete

FLORENCE, S.C., Jan. 24, 2018 -- First Reliance Bancshares, Inc. (OTC Pink:  FSRL) ("First Reliance") today announced that it completed the acquisition of Greenville, South Carolina-based Independence Bancshares, Inc. (OTCQB:  IEBS) ("Independence") effective January 23, 2018.  Independence's bank subsidiary, Independence National Bank, was merged with First Reliance's bank subsidiary, First Reliance Bank, with First Reliance Bank continuing as the surviving bank.  The full conversion of the Independence National Bank systems is expected to be completed by March 5, 2018. The acquisition of Independence National Bank expands First Reliance's presence in the dynamic Greenville, South Carolina market and is an integral part of the bank's broader strategy to expand its footprint in top-tier markets throughout North and South Carolina.  The acquisition gives the existing First Reliance team in Greenville additional resources to expand its presence in the market, and provides further momentum in executing the bank's targeted expansion strategy.  First Reliance is a strong partner in all of the communities it serves, and is excited to expand its role in the Greenville community. "This is a transaction about a true local community bank acquiring one of the finest banking franchises remaining in Greenville, South Carolina.  We are thrilled to welcome all the associates at

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First Reliance Continues NC Team Expansion

David Barksdale has joined First Reliance Bank as President of North Carolina. Barksdale is responsible for the strategic market expansion of First Reliance Bank’s footprint in North Carolina. He will oversee sales management and community development for all North Carolina markets. Mr. Barksdale has over 30 years experience in the banking industry. Most recently, he was President and Chief Executive Officer of Carolina Premier Bank/Premara Financial, Inc. Prior to that Barksdale served in various executive roles at NewBridge Bank with increased levels of responsibility the last being Senior Executive Vice President, Chief Strategy Officer, where he led the identification and implementation of bank acquisition opportunities. Barksdale is a graduate of Wake Forest University where he earned a Bachelor of Science in Mathematics. He is active in Boy Scouts of America, Community Investment Corporation of the Carolinas, and has held various board positions in the following organizations which include; North Carolina A&T State University Board of Visitors, Leadership North Carolina Class of XIX, Leadership Winston-Salem, Forsyth Tech Foundation, and the Piedmont Triad Leadership Institute. “David is a strong addition to our First Reliance executive management team,” said Rick Saunders, President and Chief Executive Officer of First Reliance Bank. “He brings a

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