Encore Bank moves into Charleston market

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Encore Bank celebrated the grand opening of its first full-service branch in South Carolina on Sept. 14.  

They have taken 5,800 square feet of space inside the Lumberyard building on Summerville Avenue in Charleston’s Upper Peninsula. 

Owned by RCB Development, the renovated Lumberyard building is a reclaimed warehouse. 

“We love the charm of this building and think it is the perfect place to establish our presence in South Carolina,” Fallon Meyer, Encore’s Charleston market president, stated in a news release. “It’s located in an up-and-coming area that is centrally located in the heart of Charleston.” 

“From our work culture and business model, to our products and services, Encore is not like other banks,” Meyer said in the news release. “I think it’s important for offices to reflect that. The interior design of our branch looks nothing like a traditional bank. There are no teller lines, and the space has a very warm, modern feel. It’s designed to make our partners and clients feel right at home, because after all, we want them to feel like family.” 

In addition to Charleston, Encore Bank has a presence in four other markets in the Carolinas: Charlotte, Raleigh and Winston-Salem in North Carolina, as well as a loan production office in Greenville.  

According to Michael Sharpton, Encore’s regional president of the Carolinas, full-service branches in these other markets will be open soon.  

“We expect the Charlotte office to be open by the end of the year and the Piedmont office to be open by spring of 2023,” Sharpton said in the release. “The Greenville and Triangle branches will be open later next year. We are all [looking] forward to serving some of the greatest markets in the U.S.” 

The branch in Suite 200 at 1859 Summerville Ave. is open Monday through Friday, 9 a.m. to 4 p.m. 

By Ashlie Puma