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The Federal Reserve Board has terminated an enforcement action against Greer Bancshares in Greer, S.C.
May 7 -
The Federal Deposit Insurance Corp. took enforcement actions against six banks last month that tied to their capital, compliance and financial condition, according to a series of orders released Friday.
April 26 -
CertusBank in Greenville, S.C., has agreed to sell its mortgage and wealth businesses as it tries to move past its history of high expenses and heavy losses.
September 15 -
Carolina Financial in Charleston, S.C., has agreed to acquire 13 branches in the Carolinas and additional assets from First Community Bancshares in Bluefield, Va.
August 7
Greer State Bank in Greer, S.C., has eliminated its chief banking officer position, according to a regulatory filing.
The $362 million-asset company said in an
As a result, the bank terminated the employment of Victor Grout, who had held the position. Grout entered into a severance agreement with the bank which will pay him nearly $89,000 in six monthly installments.
"Grout's employment termination did not result from any disagreement with the company on any matters relating to the bank's operations, policies or practices," the bank said in the filing.
