October 16, 2017, Florence, S.C. — Jack McElveen has joined First Reliance Bank as Chief Credit Officer. As Chief Credit Officer, McElveen is responsible for the management and oversight of the bank’s loan portfolio. He will oversee all credit administration functions and will provide direct supervision and accountability for Credit Administration, Loan Operations, Special Assets and Loss Mitigation & Recovery.
Mr. McElveen has over 30 years experience in credit administration in the banking industry. He began his career in the financial services industry with Bankers Trust of SC/NCNB. Over the following years McElveen served in various credit administration roles with increased levels of responsibility with the last being Chief Credit Officer, EVP, of Horry County State Bank where he was responsible for management and oversight of the bank’s Credit Administration function.
McElveen is a graduate of Clemson University where he earned a Bachelor of Science in Financial Management.
“Jack 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 depth of proven credit administration experience onto our lending team. We look forward to working with him as Chief Credit Officer and know he’ll provide guidance and leadership as the bank grows and expands into new markets.”
Jack is relocating to Florence, South Carolina with his wife, Dr. Karen F. McElveen.