Each year older Americans lose approximately $2.9 billion to fraud, but it is suspected that number is drastically underestimated because only one in 44 seniors report financial abuse. The following tips are helpful for seniors and their financial caregivers to proactively protect themselves and their loved ones from fraud. For more financial caregiver resources, visit […]
Learn More About Safe Banking for SeniorsDenise Brown is a people-first banker. As VP, retail business development officer and branch manager of the Murrells Inlet office, she prides herself on helping both customers and her team members take the next step in their careers and their finances. Denise graduated from Western Kentucky University in Bowling Green with a corporate communications degree […]
Learn More About Leading From the Front at the Murrells Inlet BranchDanny Siau came to banking through an unlikely route. Maybe it’s more accurate to say that banking came to him. South Atlantic’s North Coast Regional Executive received the call to the banking industry in the late 80s while working as a yard supervisor at the port of Georgetown. As ships came to port to drop […]
Learn More About From the Yard to Banking, Danny Siau Helps CommunitiesLen Howell brings 35-years of banking experience to South Atlantic Bank. He will serve as our South Coast Regional Executive Vice President where he will oversee commercial lending and regional executives. Len’s territory ranges from Charleston, south to Hilton Head, Beaufort, and Bluffton. He looks forward to the challenge of building the bank’s presence in […]
Learn More About Building a Lasting ImpactHomeownership is the American Dream. It’s a significant step towards building wealth, but people across the country are struggling to purchase a home because of limited homes for sale, prices are high, and the Fed is raising interest rates. However, homeownership is not a lost dream – it’s a long-term investment. Here’s how you can […]
Learn More About 5 Tips for Home BuyersDo You Practice Safe Checks? It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial […]
Learn More About Practice Safe ChecksProtect Yourself from Scammers According to a recent alert to banks from the Financial Crimes Enforcement Network, part of the Treasury Department, criminals have been increasingly targeting the U.S. Mail and United States Postal Service mail carriers since the COVID-19 pandemic to commit check fraud. Criminals typically steal personal checks, business checks, tax refund checks, […]
Learn More About Check Theft & FraudSouth Atlantic Bank exists to serve the financial needs of our coastal community. We continually work to assist in economic development in new markets. Recently, the bank expanded into Beaufort and is investing more resources into the area. South Carolina is home to some of the fastest-growing markets in the country, and Northern Beaufort County […]
Learn More About Expanding into New NeighborhoodsSouth Atlantic Bancshares, Inc. (OTCQX: SABK) announces that Matt Hobert has been named Executive Vice President, Chief Financial Officer. Hobert will oversee the Accounting, Internal Audit, and Compliance teams. Matt earned a B.B.A. degree in Accounting and a Masters of Accountancy from the University of Georgia. He is a CPA and holds his Series 79 securities […]
Learn More About Matt Hobert Joins South Atlantic Bank as Executive Vice President, Chief Financial Officer!South Atlantic Bancshares, Inc. (OTCQX: SABK) announces that Molly Keen has been named senior vice president, Towne Centre market executive. Keen has 24 years of banking experience in the Myrtle Beach market and is a Myrtle Beach native. She will focus on growing commercial banking relationships in the Carolina Forest and Myrtle Beach areas. She […]
Learn More About Molly Keen Joins South Atlantic Bank as Towne Centre Market Executive!Myrtle Beach, South Carolina, February 3, 2022 – South Atlantic Bancshares, Inc. (OTCQX: SABK) is pleased to announce we have hired Len Howell as executive vice president, South Coast regional executive. He will oversee the bank’s commercial relationship managers and regional executives in the Charleston, Hilton Head Island, Beaufort and Bluffton markets.
Learn More About Len Howell Joins South Atlantic Bank as South Coast Regional Executive!In true South Atlantic spirit, our very own John Rowe III doesn’t stop serving the needs of his neighbors in the Grand Strand when he leaves the office each day. Having grown up in this area himself, Rowe feels tied to his community in more ways than one. He enjoys volunteering his time and energy […]
Learn More About Taking Care of Our CommunitiesSouth Atlantic Bancshares, Inc. (OTCQX: SABK) announces that Mark Mercuri has joined the Mount Pleasant office as senior vice president, commercial relationship manager. Mercuri has more than 25 years of experience as a commercial lender in the Charleston market. He is a graduate of Francis Marion University with a BS degree in economics and completed […]
Learn More About Mark Mercuri Joins South Atlantic Bank as Senior Vice President and Commercial Relationship Manager!South Atlantic Bancshares, Inc. (OTCQX: SABK) announces that Christian Kata has joined the South Atlantic Bank commercial lending team as senior vice president, commercial relationship manager for Beaufort. Kata has 10 years of commercial banking experience in the Beaufort market. He is a graduate of the University of South Carolina with a B.S. degree in […]
Learn More About Christian Kata Joins South Atlantic Bank!South Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that meet personal and commercial banking needs:
Learn More About Methods – Volume 4South Atlantic Bancshares, Inc. (OTCQX: SABK) announces that Tiffany Crawford has joined South Atlantic Bank as vice president, retail business development officer and branch manager at the bank’s Myrtle Beach office at 630 29th Ave N. Crawford has more than 20 years of experience in the banking industry. She most recently served as a retail […]
Learn More About South Atlantic Bank Welcomes Tiffany Crawford!Join us this month as we #GetCoinMoving South Atlantic Bank is working to #getcoinmoving in our communities as the U.S. is experiencing a disruption in coin circulation related to the COVID-19 pandemic. It is important to note that this is not a coin shortage. There is approximately $48 billion in coins currently in circulation in […]
Learn More About Calling all Coin!Years ago, the coalition of efforts to help the homeless community in Horry and Georgetown Counties was split amongst 65 agencies. In its genesis, New Directions of Horry County worked to consolidate the independently run homeless shelters in the area under one umbrella agency. Shortly after reorganizing, it became clear that New Directions would need […]
Learn More About The Sense of Community Runs Deep in the Grand StrandConcerns Rise in Recent Tax Reporting Proposal from Washington Concerns rise in a recent tax reporting proposal from Washington. The Biden Administration is pushing a sweeping expansion of tax information reporting aimed at raising revenue to help offset the cost of additional spending programs in the American Families Plan. The proposal, if enacted, would require […]
Learn More About Tax Reporting ProposalSouth Atlantic Bank Introduces Advanced Card Controls to its Cardholders! Advanced Card Controls are part of an in-app solution for debit card spending on your terms! That means controls and alerts at your fingertips. The feature enhances the existing SAB goMobile app available on Apple App Store and Google Play. Cardholders who use the app […]
Learn More About Debit Card Spending on Your TermsK. Wayne Wicker, chairman of the board and chief executive officer of South Atlantic Bancshares, Inc. and South Atlantic Bank, has been elected chairman of the South Carolina Bankers Association (SCBA).
Learn More About Wicker Elected South Carolina Bankers Association ChairmanSouth Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that resolve personal and commercial banking issues:
Learn More About Methods – Volume 3K. Wayne Wicker, chairman of the board and chief executive officer of South Atlantic Bancshares, Inc. and South Atlantic Bank, will serve a second term on the South Carolina State Board of Financial Institutions. He was appointed by Gov. McMaster and approved by the SC Senate on May 11, 2021.
Learn More About Wicker Reappointed to S.C. State Board of Financial InstitutionsSouth Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that resolve personal and commercial banking issues:
Learn More About Methods – Volume 2Scams are one thing you don’t want to unwrap this holiday season. Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. Add to that this time of expanded use of online banking and the busy holiday shopping season, and the problem is only growing […]
Learn More About #BanksNeverAskThatSouth Atlantic Bank’s digital resource for economic impact along the Carolina Coast, featuring specialists in the banking industry. The publication displays products and services tailor-made for coastal communities that resolve personal and commercial banking issues:
Learn More About Methods – Volume 1Can You Spot a Phishing Scam? Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers […]
Learn More About #BanksNeverAskThatThe IRS began sending out the early rounds of economic impact payments on April 11th via direct deposit. For most eligible taxpayers who filed returns in 2018 and 2019 and most seniors and retirees, payments are automatic and no action is required. The IRS plans to send a letter to the taxpayer’s last known address […]
Learn More About IRS Economic Impact PaymentsTo our customers and friends, We are updating you today regarding the measures we are taking at South Atlantic Bank considering the ever evolving COVID-19 environment. Our priorities remain, as always, to ensure the safety and well-being of our employees and the communities we serve, all while providing our standard exemplary customer service. After meeting […]
Learn More About Serving Our Customers During COVID-19The Grand Opening of our Towne Centre office scheduled for Thursday, March 19th has been postponed. A new date will be announced as soon as we are able to reschedule. The health and safety of our community is our top priority.
Learn More About Towne Centre Grand Opening!Help Us as We Support the Grand Strand Miracle Leagues with our Annual Fundraiser! Make a donation today at any of our offices.
Learn More About Help Us as We Support the Grand Strand Miracle LeaguesMyrtle Beach, South Carolina, April 2, 2018 – South Atlantic Bancshares, Inc. (OTCQX: SABK) (“South Atlantic”), parent of South Atlantic Bank, today announced the closing of its acquisition of Atlantic Bancshares, Inc. (OTCPink: ATBA) (“Atlantic Bancshares”), parent of Atlantic Community Bank, effective April 2, 2018. Atlantic Bancshares had assets of approximately $85 million. The acquisition expands South Atlantic’s […]
Learn More About Merger Complete of Atlantic BancsharesMyrtle Beach, South Carolina, March 13, 2018 – South Atlantic Bancshares,Inc. (OTCQX: SABK) (“South Atlantic”), parent of South Atlantic Bank, today announced it has received regulatory approvals from the Federal Deposit Insurance Corporation and the South Carolina Board of Financial Institutions necessary to complete the previously announced merger with Atlantic Bancshares, Inc. (OTCPink: ATBA) (“Atlantic Bancshares”), […]
Learn More About Merger Receives Regulatory ApprovalMyrtle Beach, South Carolina, January 25, 2018 –South Atlantic Bank announced the promotion of the following employees at the Myrtle Beach office: Michelle Coletta has been promoted to senior vice president and retail sales manager for the bank. Alison Van Wagner has been promoted to assistant vice president and branch manager of the Myrtle Beach office, and Katie […]
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