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Banking & Finance

Feb 26, 2019

Historic projects hinge on intricate numbers game

A lot of upfront work and calculations go into the historic renovation projects that have helped transform Columbia's downtown and other Midlands areas. The projects benefit from federal and state tax credits such as the Bailey Bill.

Feb 21, 2019

Study: Paychecks stretch far in Richland, Lexington

The counties ranked in the top 10 in the state for paycheck friendliness in a survey by online financial advisor SmartAsset. Lexington ranked fourth and Richland 10th, while Charleston topped the list.

Jan 3, 2019

Carolina Trust, Clover Community Bank merger complete

The new company has approximately $600 million in assets and $450 million in loans along with 11 full-service banking offices, including 2 branches in York County and 9 in North Carolina.

Dec 19, 2018

ServiceMac locating operations in Lancaster County

The mortgage subservicing company's $24 million capital investment is expected to create approximately 1,000 jobs during the next 5 years.

Dec 13, 2018

Shareholders approve Carolina Trust, Clover Community Bank merger

The merger, announced in June, has received required regulatory approvals and is expected to close Jan. 1. It will create a combined organization with approximately $600 million in assets and $450 million in loans.

Dec 11, 2018

South State Corp. CEO to ring Nasdaq opening bell

After Robert Hill rings the opening bell tomorrow at 9:15 a.m., the parent company of Columbia-headquartered South State Bank will hold an invitation-only investor day to discuss corporate strategy and financial performance.

Oct 23, 2018

Shaw tackling new challenge with Colonial Life

Record-setting University of South Carolina quarterback Connor Shaw brings his work ethic and desire to help others to a new career with the Columbia-headquartered insurance company.

Oct 23, 2018

South State reports third-quarter income of $47.1M

The net income represents a $6.6 million increase from the second quarter of 2018. A quarterly dividend of 36 cents per share, up 2.9% from the second quarter, will be payable Nov. 16.

Oct 12, 2018

Study: Uninsured rate in S.C. ranks high

A WalletHub study found that nearly 11% of S.C. residents are uninsured, ranking the state 42nd in a survey of the 50 states. The study also ranked 547 U.S. cities, including five in South Carolina.

Oct 5, 2018

Report: Saving for retirement easier in Lexington County

SmartAsset study ranks Lexington the sixth-best county in the state for saving money for retirement. The study considered factors such as paycheck friendliness and 401(k) and pension performances. Richland County ranked ninth.

Oct 4, 2018

Study: Lexington County among state leaders in savings

SmartAsset study ranks Lexington the third-best in the state for saving money. The study factored in information such as median household income and average living expenses. Richland County ranked eighth.

Aug 29, 2018

Robinson named Columbia market leader for CresCom

Marvin Robinson will also serve as a senior vice president for CresCom Bank, which has 61 locations in the Carolinas and $3.6 billion in total assets.