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Summerville bank begins construction of new office

Ross Norton //June 10, 2024//

the new Cedar Street location is completed. (Rendering/Rush Dixon Architects)

the new Cedar Street location is completed. (Rendering/Rush Dixon Architects)

the new Cedar Street location is completed. (Rendering/Rush Dixon Architects)

the new Cedar Street location is completed. (Rendering/Rush Dixon Architects)

Summerville bank begins construction of new office

Ross Norton //June 10, 2024//

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ServisFirst Bank, a subsidiary of ServisFirst Bancshares, has broken ground on a new office in Summerville.

The new office space will hold 10 employees and feature a drive-thru and night deposit with ATM, according to a news release. The groundbreaking took place on May 16.

“Today’s groundbreaking marks an exciting milestone for ServisFirst Bank in Summerville,” Tom Trouche, regional president and CEO of ServisFirst Bank South Carolina, said in the news release. “We’re thrilled to introduce this new office, deepening our roots within the community and continuing to provide unparalleled financial solutions.”

The new office will be located at 319 N. Cedar St. is expected to open in early 2025. The cost of the new building was not divulged.

The existing office at 100 S. Main St. will maintain regular operations until the completion of the new building, according to the company. This is ServisFirst Bank’s second location in South Carolina, the first being in Suite 503 at 701 E. Bay St. in Charleston.

The company is headquartered in Birmingham, Ala.

Professional services for the construction project are being provided by Rush Dixon Architects, Harbor Contracting LLC, Bowman, Charleston Engineering and ADC Engineering.

ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market.

The bank recently announced that its assets exceed $16 billion.

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