First Reliance Bank has not been impacted by the global tech outage on Friday, July 19th. Our systems are operational with no disruption in service.
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First Reliance Bank founders Rick and Paul Saunders, along with their brother Mark Saunders and their family and community, have created the Freddie Saunders & Family Endowed Scholarship in honor of their late father, Freddie Saunders.
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First Reliance is pleased to announce that David L. Moore has joined First Reliance Bank as a Relationship Banker, SVP, in the Columbia Market where he will be responsible for growing strategic relationships and expanding the bank’s commercial footprint. David’s background is in Commercial lending with a focus on Commercial and Industrial, Medical and Commercial Real Estate relationships.
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According to the U.S. Small Business Administration, opening a business account is one of the first steps in financial planning for entrepreneurs*. Knowing and having the right financial partner is an essential key to success for small business owners. With First Reliance Bank on your team, business success will be underway.
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Terryn Patterson has joined First Reliance Bank’s Charleston market as Vice President, Residential Lending Specialist. In this role, she will establish and maintain mortgage banking relationships with referral partners and clients. She will also assist customers with their mortgage financing needs and identify the best bank products to meet those needs.
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With full-service operations based in Charleston, our experienced Lending Specialists are engaged members of the local community they serve. They understand the market and can provide solutions to meet your unique mortgage needs.
Whether you are new to the area purchasing a home or an established member of the community wanting to make home renovations, First Reliance Mortgage offers a variety of mortgage products to fit your specific needs.
At First Reliance Mortgage, we are passionate about serving you, our client, to ensure that your home financing experience is simply the best. It’s all about what matters most to you – and demonstrating that in every way we can.
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First Reliance is pleased to announce that Joanne Brady has joined the company as Branch Manager for the West Columbia, SC branch. She will oversee the daily branch operations and be responsible for growing the bank’s customer base while maintaining excellent customer service and serving the community in various activities.
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Barbara Star has been promoted to Senior Vice President and Controller for First Reliance Bank, where she will manage the daily accounting operations, month-end close, and quarterly reporting. She joined the bank in 2020 and has over 20 years of accounting experience.
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Justin Strickland, President of First Reliance, has been appointed Vice Chair of the Lexington Medical Center Board of Directors. The Lexington Medical Center Board of Directors shares a commitment to providing quality health services that meet the needs of our communities. Responsibilities of board members include strategic planning and mission, vision and values, quality and performance measurement, and monitoring and financial oversight.
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It starts with FReDA, our digital assistant, who can answer your questions 24/7. Then, it continues with our online customer care specialists, who can chat during banking hours. They can upgrade from text chat to voice chat or video chat, screen share, and co-browse.
Have you noticed the new “Let’s talk!” chat bubble on our website or online banking? Or, have you seen the ”Live Help” chat bubble while reviewing your account in our mobile app?
First Reliance Bank is excited to announce our new Digital Customer Service. Our online and mobile support is easy to navigate, ask questions of, and get answers quickly. We are pleased to introduce “FReDA,” our brand-new digital assistant. So, click “Let’s talk!” and select "Chat," and FReDA can assist you whenever you have questions. If you need additional help, FReDA can connect you with a customer care specialist*. Once connected to a specialist, ...
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As we move deeper into the digital age, the threat of fraud has become more pervasive than ever. Thankfully, the technology that has enabled fraudsters to become more sophisticated can also combat them. Enter AI and machine learning.
These cutting-edge technologies are rapidly transforming the fraud prevention landscape by allowing businesses to identify and prevent fraudulent activity in real time. Through the analysis of vast amounts of data and learning from historical patterns, AI and machine learning algorithms can identify suspicious transactions and flag them for further review.
One of the most significant benefits of AI and machine learning is their ability to adapt to new threats quickly. As fraudsters develop new techniques and tactics, these technologies can evolve and learn from these changes, ensuring they remain effective in the face of emerging threats.
In addition to preventing fraud, AI and machine learning can help businesses reduce false positives, ...
