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South Atlantic Bank Opens Loan Production Office to Serve Charleston and Mt. Pleasant

 

MYRTLE BEACH, S.C., Oct. 8, 2013 /PRNewswire/ -- South Atlantic Bank today announced that it has opened a loan production office at 1127 Queensborough Boulevard in Mt. Pleasant. The new location is the bank's fifth overall and first outside the Grand Strand, and will provide commercial and residential lending products and services to customers in the Charleston/Mt. Pleasant market. Veteran bankers Ken Pickens, Brian Michel, Kurt Seguer, Peter Insabella and Christy Chumney will staff the loan production office.

"The Charleston market has long been of interest to us," said South Atlantic Bank chairman of the board and chief executive officer K. Wayne Wicker. "In Ken, Brian, Kurt, Peter, and Christy, we have the best possible team ready to service the lending needs of the Charleston/Mt. Pleasant market. They are committed to strong credit quality, sound banking practices, and exemplary customer service, all tenets of South Atlantic Bank's community banking philosophy," he said.

Ken Pickens will serve as senior vice president and regional executive. Pickens has 31 years of banking experience and most recently served Tidelands Bank as senior vice president and senior lender. He is an honor graduate of The Citadel with a B.S. degree in business administration and an M.B.A. degree. He also completed the National Commercial Lending School and the National Graduate Commercial Lending School, both based at the University of Oklahoma, the Graduate School of Banking of the South held at Louisiana State University, and the Stonier Graduate School of Banking held at Georgetown University in Washington, D.C. He previously served on the Community Bankers Council and Credit Committee of the South Carolina Bankers Association, and is a life member of the Association of Citadel Men. A native of Greenville, South Carolina, Pickens has resided in Mt. Pleasant for 23 years.

Brian Michel will serve as vice president and commercial and residential lender. Michel has 15 years of banking experience, all in the Charleston market. He most recently served Tidelands Bank as vice president for mortgage banking. He is a graduate of Wofford College with a B.A. degree in accounting. A native of Charleston, he has served on the Bishop England High School Advisory Board and the board of Florence Crittenton Programs of South Carolina.

Kurt Seguer will serve as vice president and commercial and residential lender. Seguer has 15 years of experience in the financial services industry and began his career as a project manager for Boston Financial Data Services. He joined Tidelands Bank in 2005 as a commercial banker. He is a graduate of the University of Massachusetts at Dartmouth with a B.A. degree in writing and communication, and received an M.B.A. degree from Regis University in Colorado. He also completed the South Carolina Bankers Association School of Banking held at the University of South Carolina. A native of New Bedford, Massachusetts, Seguer has resided in Ladson for eight years. He is a member of the Historic Rotary Club of Charleston.

Peter Insabella will serve as vice president and mortgage loan officer. Insabella has nearly 10 years of mortgage experience and most recently served CresCom Bank as vice president and mortgage loan officer. A native of Spartanburg, he is a graduate of the University of South Carolina with a B.S. degree in business administration and finance.  Insabella has resided in Charleston for the past nine years.

Christy Chumney will serve as assistant vice president and loan assistant.  She has 15 years of commercial and mortgage lending experience and most recently served Tidelands Bank as a loan assistant. A graduate of the University of South Carolina with a B.S. degree with in business administration and finance, she is a lifelong resident of Charleston.

In addition to its Myrtle Beach headquarters, South Atlantic Bank has full service offices in Murrells Inlet, Pawleys Island, and Georgetown. 

About South Atlantic Bank
South Atlantic Bank is a $311.8 million financial institution headquartered in Myrtle Beach, South Carolina. The bank also operates full service offices in Murrells Inlet, Pawleys Island, and Georgetown, South Carolina, in addition to its loan production office in Mt. Pleasant, South Carolina. South Atlantic Bank was named a "Roaring Twenties" winner as one of the best performing large companies in the state of South Carolina by SC Biz News in 2012 and 2013. For more information, visit SouthAtlanticBank.com.

Contact:
Barbara W. Marshall, Vice President and Director of Marketing
bmarshall@southatlanticbank.com
843.839.4948

SOURCE South Atlantic Bancshares, Inc.

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RELATED LINKS
http://www.SouthAtlanticBank.com