Banking & Finance

Heritage Trust Federal Credit Union's board of directors has named Jason S. Lee as the financial institution's new president and chief operating officer. … Read More

First National Bank, a Pittsburgh-based bank with nearly $34 billion in assets, says it believes its business approach and an emergent market are a perfect marriage in a crowded Charleston banking market. … Read More

The Charleston-based management consulting firm has been acquired by Ponder & Co., a health care financial advisory firm in Nashville, Tenn. Knowledge Capital Group will retain its office in Charleston and has been adding employees. … Read More

Carolina Financial Corp., the holding company of CresCom Bank, has agreed to acquire Carolina Trust Bancshares Inc., a Lincolnton, N.C.-based company with 11 branches and one loan production office. … Read More

S.C. Federal Credit Union has officially acquired Spartan Federal Credit Union after members approved a merger in January. Spartan Federal will remain at its current location at 930 Charisma Drive in Spartanburg. … Read More