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First Reliance Flourishes As A Community Bank

Florence banking community flourishes over the years

This excerpt of the article was posted, Wednesday, March 23, 2016 8:00 am in the Morning News.  The article was written by and is posted in Courtesy of JOE PERRY Morning News jperry@florencenews.com  The full article can be viewed by clicking on the following link:  http://www.scnow.com/news/business/local/article_f5652b8c-ed18-11e5-9401-4bce3de4e58e.html FLORENCE, S.C. – When Rick Saunders was a young man still finding his way in the world, he fell in love. With the finance industry. “I tripped over myself and landed in it,” he said, laughing. “I was a typical young man concerned about what path in life I would take.” The 55-year-old Sumter native who grew up in Timmonsville first worked in consumer finance before delving into banking. “It wasn’t until a company I was working for was sold to a much larger organization that I realized the need for clarity around my beliefs and the definition of success,” he said. During this defining time in his life, the concept of First Reliance was born. Having innovative ideas and his creativity stymied was also “extremely frustrating,” he said, and when his brother Paul and good friend Dale Porter came up with the idea to start their own bank, he was intrigued. And yet

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Rick Saunders Receives Entrepreneur Award

Feb 12, 2015, Florence, S.C. - Rick Saunders, President/CEO was recognized with an Entrepreneur Award from the Florence Darlington Technical College February 11, 2016 at their second annual entrepreneurial forum. Rick, his brother Paul and friend, Dale Porter started the bank because they saw a need for a bank that was designed and operated with the community in mind. One with strong values, and an even stronger team of associates. They saw a need to create a bank that could become a rock in the community, based on trust and relationships; one that could make a real difference in the lives of its customers. They saw a need for a better bank. So they followed their dream to start a bank and contribute to their community in 1999 and First Reliance Bank was born. It took hard work and passion and learning from others, all traits the other recipients of this year’s Entrepreneur Award also cited. Saunders credited the desire to be a compulsive learner who strives to read two books a month and keep a 5 mentor arsenal ready at all times. He is most proud of how associates of the bank stay involved in and contribute to betterment of the

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2015 President's Club Winners

Feb 24, 2015, Florence, S.C. – First Reliance Bank recently announced that seventeen associates have been named to the 2015 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 2015 President’s Club Winners are: Wendy Cooley,Charleston Service, Neil Oliver, Charleston Sales, Donna Smith, Indirect Sales, Gail Berry, Lexington Service, Jason Koth, Lexington Sales, Sherry Byrd, Mortgage Operations, Johnny Nexsen, Mortgage Sales, Robyn Paul, Mortgage Sales, Phyllis Brosh, Wholesale / Correspondent Mortgage, Shayna Wallace, Florence Service, Marie Wheeler, Florence Service, Denise Lee, Florence Sales, Angela Cook, Florence Sales, Cammie Clavon, Customer Care and Deposit Ops, Darlene McCall-Grant, Professional, Mike Dowling, Professional, Wendy Edgerton, Loan Operations. “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

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$20,000 Raised for 2015 Relay For Life

Relay For Life of Florence County raises over $190,000 in 2015, surpassing their goal by over $30,000.

Florence, SC (September 2, 2015) – As the 2015 season of Relay For Life closes, Florence County celebrates an outstanding Relay season! On April 25, 2015 Relay For Life of Florence County hosted its 21st year with a nine hour walk at Freedom Florence Recreational Complex, in spite of some unfavorable weather conditions. “Weather doesn’t stop a cancer patient’s treatment and it didn’t stop us”, said Relay For Life Community Manager, Chinel Boateng. Teams from Assurant, PGBA, and First Reliance Bank were the top fundraising teams this year. “Relay For Life allows the entire community the opportunity to do something positive when so much negative surrounds the disease”, said 2015 Relay For Life of Florence County Event Lead, Katrina Graham. “I am proud of Florence County for coming together to support one another and help finish the fight against cancer.” Relay For Life is a county-wide, community-based, volunteer-driven event that honors survivors and caregivers, remembers those lost to the disease, and fights for a world with more birthdays. Individuals and teams gather at a track, park, or recreational complex to walk anywhere from 6 – 24 hours

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