Carolina First Corp. has a deal to buy Poinsett Financial Corp. of Travelers Rest, S.C., for $15.6 million in stock. The sale is expected to close by the end of the third quarter.

The deal would give the $2.3 billion-asset company its first presence in what is known as the Rock Hill area of South Carolina.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.