Banking & Finance

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

After so many years of being rated the No. 1 city in the universe, it took some time to digest this new-to-us ranking from U.S. News & World Report. South Carolina is not No. 1, nor No. 2 or even No. 22. We are No. 42 in Best States. … Read More

You’ll hear it from politicians hoping to get your vote and occasionally raise your taxes for water, sewer and roads: Small business is the backbone of the nation’s economy. Turns out, they’re right. … Read More