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Tuesday, December 24th: Early Close at 1:00 pm

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Wednesday, December 25th: Closed

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Wednesday, January 1st: Closed

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William Jack McElveen, Jr.
William Jack McElveen, Jr.

William Jack McElveen, Jr. has been named to the First Reliance Bank Board of Directors. Before his retirement, McElveen served as the bank’s Executive Vice President and Chief Credit Officer. He was responsible for overseeing all credit administration functions, and providing direct supervision and accountability, for Credit Administration and overall asset quality. 

McElveen replaces former board member Dale Porter, who was instrumental in helping launch First Reliance Bank in 1999. Porter retired earlier this month. 

“Dale Porter was instrumental in helping us start the bank. He was a trusted and reliable leader who served in many facets of our financial institution. We will miss Dale and wish him well in his retirement”, shared Rick Saunders, President and Chief Executive Officer of First Reliance Bank. 

McElveen has over 38 years of experience in credit administration in the banking industry. He began his career in the financial services industry with Bankers Trust ...


Rick Saunders and Edwin Lesley
Rick Saunders and Edwin Lesley

Edwin Lesley, Chairman of the Business Development Corporation of South Carolina, recognized First Reliance Bank’s excellent performance during their Annual Meeting on May 5, 2022. Rick Saunders, the Founder and Chief Executive Officer of First Reliance Bank, accepted the Participating Partner Award for 2021 for the Greatest Number of Loans Approved in 2021 on behalf of the bank.

Saunders said of the award, “I was surprised to receive the award, one that recognizes everyone’s instrumental role in helping our business customers with their PPP loans last year. I have been proud of how our team accepted the challenge and showed tremendous courage to dig in and help the businesses in our communities. I’m proud to serve on the South Carolina Business Development Corporation board that helps businesses across South Carolina succeed, and I am most proud of the team that I represent behind this achievement!”

Michael Edens and Brent Mackie present The Golden Nail Awards
Michael Edens and Brent Mackie present The Golden Nail Awards

First Reliance Bank is pleased to sponsor the Golden Nail category for this year’s Columbia Chamber of Commerce Impact Awards. The Golden Nail Award strives to spotlight the dedication of outstanding organizations and individuals that make the Columbia region a vibrant place to visit, live and do business. First Reliance Bank recognizes the business or property owners who have made exemplary contributions to the physical characteristics of the greater Midlands region through cosmetic or commercial means during the previous calendar year. This year’s Golden Nail awardees are Smoked Restaurant, Hood Construction, Lucas Group, and Midas.

Ways to Save on Groceries

No matter how you approach grocery shopping, one loves it while another dislikes it! One thing is constant – it is easy to spend hard-earned money. Have you ever considered how much money is wasted at the grocery store every year because of impulse buying? You know, picking out weird things you think you MUST have. Here are some ways to fight the impulse and save cash.

 

  1. Shop only once a week. Fewer trips may mean less temptation.
  2. Shop alone. Research shows that you wind up buying 8% more unneeded items when you take someone with you.
  3. Shop with a list and stick with it. Only walk down the aisles stocked with the items on your list. Studies show that wandering up and down unnecessary aisles can increase your spending by 18%.
  4. Consider purchasing fruits and vegetables at a farmer’s market where prices are usually lower than at a ...


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