News

The Sense of Community Runs Deep in the Grand Strand

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 […]

Tax Reporting Proposal

Concerns 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 […]

Wicker Elected South Carolina Bankers Association Chairman

K. 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).

Wicker Reappointed to S.C. State Board of Financial Institutions

K. 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.

#BanksNeverAskThat

Scams 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 […]

#BanksNeverAskThat

Can 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 […]

IRS Economic Impact Payments

The 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 […]

Serving Our Customers During COVID-19

To 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 […]

Towne Centre Grand Opening!

The 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.

Help Us as We Support the Grand Strand Miracle Leagues

Help Us as We Support the Grand Strand Miracle Leagues with our Annual Fundraiser! Make a donation today at any of our offices.

Merger Complete of Atlantic Bancshares

Myrtle 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 […]

Merger Receives Regulatory Approval

Myrtle 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”), […]

Staff Promotions

Myrtle 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 […]