Banking & Finance

Evening Post Industries, the owner of The Post & Courier, has contributed $250,000 to SCRA’s Industry Partnership Fund, which supports entrepreneurs, academia and industry through grants and investments. … Read More

The S.C. Community Loan Fund has received a $500,000 grant from the Wells Fargo Foundation to help small-business owners with lending, technical assistance and community relationship building. … Read More

S.C. Federal Credit Union will acquire Florence-based Health Facilities Federal Credit Union effective March 2. All aspects of Health Facilities will come under S.C. Federal’s umbrella. All locations and employees are expected to remai … Read More

Charleston-based venture capital firm Good Growth Capital is raising two new funds to support early stage companies. Good Growth Capital focuses primarily on software and data science companies, and medical, green and agricultural tech. … Read More

Carolina Financial Corp., the parent company of CresCom Bank, has agreed to be acquired by United Bankshares Inc., based in Charleston, W.Va. The merger is expected to close in the second quarter of 2020, pending approvals. … Read More