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Rick Saunders, CEO of First Reliance Bank in Florence, has joined the Board of Governors at the College of Charleston School of Business.

“We are pleased to welcome Rick as the newest member of our Board of Governors,” said Buddy Darby, chairman of the College of Charleston School of Business Board of Governors. “Rick is a well-respected community and business leader in South Carolina, and his expertise in commercial banking will bring fresh insights and perspectives for the students and for the program at large.”

In 1999, with 19 years of banking experience, Saunders founded First Reliance Bank, which has since grown to nearly $711 million in assets. First Reliance employs 175 associates with branches in Florence, West Columbia, Lexington, Mount Pleasant, Charleston, Greenville, Taylors, Simpsonville, Myrtle Beach and a loan production office in Columbia in South Carolina. The bank also has a branch in Winston-Salem, N.C., and Mooresville, N.C. ...

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