Mark Mercuri has joined First Reliance Bank as senior vice president and commercial lender. Based in Mount Pleasant, S.C., Mercuri will be responsible for building and maintaining relationships with business customers, offering advice on business accounts, loans, treasury management services, mortgage, and referrals for investments through First Reliance Wealth Strategy, along with personal banking services offered to business owners and their employees.
“We’re thrilled to welcome Mark to our commercial lending team in Mount Pleasant,” said Rick Saunders, CEO of First Reliance Bank. “He knows the Charleston market well and will be a valuable asset to our customers across the state.”
Mercuri gained his extensive experience in commercial lending over his more than 25-year career in South Carolina, most recently as a commercial lender with a community bank.
“Mark’s genuine desire to be an advisor, will serve him well as he works to attract and build on client relationships at First Reliance Bank,” said Frank Bullard, Market President of Charleston.
His education includes a degree in economics from Francis Marion College, completion of SC
Bankers School and East Carolina Commercial Lending School. He currently serves as a member of Sertoma of Mount Pleasant.
First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank, reported record net income and earnings in 2020. “First Reliance continued building on the success of 2020 with a strong start to 2021,” said Rick Saunders, CEO. “Our net income of $1.7 million, or $0.21 per diluted common share, for the quarter represents an increase of 99.1% over the same period last year. We have also made significant investments in both our commercial and mortgage production teams during the quarter, highlighted by the hiring of Justin Strickland, who in January became President of First Reliance Bank. Justin’s hiring represents the completion of our vision to establish an executive leadership team capable of executing our growth plans. Additionally, against the backdrop of fiscal stimulus, the national vaccination rollout, and improved customer balance sheets, our markets appear poised for significant growth.”