South Carolina

Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.

The South Carolina bank has been shedding assets in recent months after suffering millions of dollars in losses in recent years. The bank ousted its management team last year due to poor financial performance and conflicts with investors.

Independence Bancshares in Greenville, S.C., has raised nearly $8.5 million to help it expand its payments, technology and digital banking operations.

The chief executive of CertusBank in Greenville, S.C., has officially stepped down after undergoing heart surgery.

CertusBank's chief executive, who joined the Greenville, S.C., company after its founders were fired last year, has left his post due to a medical issue.

The banking company is the latest to flirt with a threshold that promises added regulatory burden. But a pause from more acquisitions should also give management a chance to brush up on deal integration before making an even larger acquisition.

South State in Columbia, S.C., has agreed to buy 13 Bank of America branches in South Carolina and Georgia.

United Community Banks in Blairsville, Ga., has agreed to buy Palmetto Bancshares in Greenville, S.C.

Community First Bank in Seneca, S.C., has overhauled its executive management team, including naming new chief executive, financial and credit officers.

CertusHoldings in Greenville, S.C., is planning to exit North Carolina.

Carolina Alliance Bank in Spartanburg, S.C., has agreed to buy PBSC Financial in Greenville, S.C.

CertusHoldings in Greenville, S.C., has agreed to sell its small business finance unit to BankUnited in Miami Lakes, Fla.

GREENVILLE, S.C. — Faced with soon-to-be non-existent investment income in 2009, Greenville Heritage FCU had two choices: hike fee income, or completely rebuild its loan program.

CertusBank in Greenville, S.C., lost nearly $70 million last year.

South State in Columbia, S.C., reported higher quarterly profits thanks to lower costs and higher fee-based income.

ServisFirst Bancshares in Birmingham, Ala., which went public last spring, reported a 27% increase in earnings, to $15 million, in the fourth quarter. It also announced plans to expand into South Carolina.

COLUMBIA, S.C. — A campaign to boost usage of e-services not only hit the mark with clever marketing, but taught organizers some lessons about digital outreach.

COLUMBIA, S.C. — A campaign to boost usage of e-services not only hit the mark with clever marketing, but taught organizers some lessons about digital outreach.

The $1 billion-asset company said in a regulatory filing Tuesday that it repurchased its remaining shares of preferred stock issued to the Treasury Department during the financial crisis.

CertusHoldings in Greenville, S.C., is getting very little money for selling its broker-dealer and wealth-management units.