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News from First Reliance Bank

Bank Continues to Build New Leadership Team as Market Growth Continues

First Reliance Bank announced today that Brook Moore has been promoted to the position of chief credit officer. Moore will succeed Jack McElveen, who will remain in a credit leadership position with the bank.

Moore and McElveen have nearly twenty years’ experience working together, initially at a Columbia based community bank and later at First Reliance Bank. McElveen spoke to the tenured relationship, saying, “Brook and I first formed a professional relationship almost two decades ago when we worked on a senior management team together. I am excited and pleased to have the opportunity to hand-select him as the next Chief Credit Officer at First Reliance Bank. I have high confidence in his ability to move the company to the next level.”

Bringing in Moore is the latest move by CEO Rick Saunders to strengthen a leadership team that ...

Tabathia Hagan has joined First Reliance Bank as Senior Vice President, Retail Banking Manager for First Reliance Bank North and South Carolina markets.  Hagan is responsible for retail sales and strategic growth  of First Reliance Bank’s branch footprint, and she will oversee sales management throughout that footprint.

Hagan has over 31 years of experience in the banking industry. She began her career in a Charleston credit union prior to joining BB&T where she quickly grew her career in retail banking leading branch managers along the South Carolina Coast.   

Tabathia has extensive experience leading, coaching and directing retail branch teams to develop strong customer relationships.  She understands our culture and community banking and the importance of making a difference in the lives of our customers and the communities we serve,”  said Rick Saunders, President and Chief Executive Officer of First Reliance Bank. “Her sales and  leadership experience ...

Robert Dozier, Chief Banking Officer of First Reliance Bank in Florence, has joined the South Carolina Bankers Association (SCBA) as a Board member. In addition he will act as Chairman of the SCBA’s Political Action Committee.

The appointment is a natural step for Dozier, an industry veteran who brings more than 30 years of experience to his leadership role at the fast-growing, Florence-based bank. As Chief Banking Officer, Dozier oversees the commercial platform and guides corporate strategy and strategic market expansion of First Reliance Bank’s footprint throughout the Carolinas

Prior to joining First Reliance Bank, Dozier served as Executive Vice President and Chief Business Officer of Federal Home Loan Bank of Atlanta, where he oversaw all external customer facings of the bank, which serves more than 850 financial institutions throughout the Southeast. Prior to that, Dozier served as President and COO of Homeowners Mortgage – a division of Coastal States ...

Walter Reese is the new Vice President of Electronic Banking for First Reliance Bank, where he will be based in the company’s Charleston Operations Center. Reese brings over 30 years of experience into his new role, which focuses on managing and enhancing First Reliance’s digital and online banking technology and platforms.

Reese is responsible for ensuring First Reliance Bank delivers best-in-class digital experiences to its customers, maximizes its resources, and for contributing to the organizations business results and strategic objectives.

A banking industry veteran, Reese has worked both internally, and externally as a consultant, for financial institutions including Wells Fargo, Ridgewood Savings Bank, and most recently for CresCom Bank, where he served as Senior Vice President and Director of Operations. While with CresCom, Reese guided operations for multiple areas of the bank, including card services, online and mobile banking, and internal team management and performance measurement.

Reese has a BSBA ...

First Reliance Bank has expanded its Lake Norman Loan Production into a full-service branch offering personal banking, business banking, and a full range of mortgage products. The branch, which opened August 28th, has added two new team members to service customers. First Reliance Bank welcomes Tamara Brewer and Kim Cory to the team.

Brewer joins First Reliance Bank as the new Branch Manager for the Lake Norman location. In this role, she will oversee the branch’s daily operations, providing exceptional customer service, and developing new personal and business relationships. Throughout her career, Brewer has held numerous professional banking positions including as Branch Leader, Financial Center Manager, and Mortgage Loan Officer. A native of North Carolina, Brewer is very active in the community. She served on various boards including Junior Achievement, United Way of Central Carolina and the Executive Board of American Heart Association. 

Kim Cory joins the Lake Norman branch ...

F.R. “Rick” Saunders Jr., President and CEO of First Reliance Bank in Florence, has joined the Board of Directors of Business Development Corporation (BDC).

In 1999, with 19 years of banking experience, Saunders founded First Reliance Bank, which has since grown to nearly $671 million in assets. First Reliance has 150 associates with branches in Florence, West Columbia, Lexington, Mount Pleasant, Charleston, Greenville, Taylors, Simpsonville and Myrtle Beach in South Carolina. The bank also has a branch in Winston-Salem, N.C., and a loan production office in Mooresville, N.C.

The bank has a robust mortgage operation and specializes in serving middle-income households and small businesses. First Reliance has received multiple awards as a “Best Places to Work” and for its commitment to community banking. The staff donates more than 1,500 hours of volunteer service annually and the bank donates approximately 1% of its net income to charity every year.

Saunders, who ...

Robert Mayhue has joined First Reliance Bank as the Vice President of Information Technology. As head of the bank’s IT Department, Mayhue will be responsible for the management, strategy and execution of IT infrastructure along with the intersection of IT and security compliance.

Mayhue joins the team as a supremely qualified and results-driven information technology professional with more than 25 years of comprehensive expertise. He has spent the last 10 years in director-level positions at several community banks including as Director of IT and Director of IT Support Services. During his tenure, Mayhue played a key role in the successful completion of over seven bank acquisitions and has implemented various programs and strategies that helped reduce bank costs and improve operational efficiency.  

“Robert brings high-level IT experience working in the banking industry, and we are thrilled to have someone of his caliber joining our team,” said Ben Brazell, Chief ...