South Atlantic Bancshares, Inc. Names Minter Chief Operating Officer

Rhea-AI Summary

South Atlantic Bancshares, Inc. (OTCQX: SABK) has appointed Travis A. Minter as its new chief operating officer. Minter, who previously served as executive vice president and chief banking officer, brings 25 years of experience in financial services, including 10 years with the company. His focus will be on enhancing operational performance to drive efficiency and support growth. The bank, based in Myrtle Beach, SC, has over $1.4 billion in total assets and operates twelve branches along the South Carolina coast.

Positive

• Travis A. Minter appointed as COO, bringing operational experience.
• Minter's focus on operational performance may enhance efficiency and growth.

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• None.

MYRTLE BEACH, S.C., Jan. 4, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. (the "Company")(OTCQX: SABK), parent of South Atlantic Bank, is pleased to announce Travis A. Minter has been named chief operating officer for the Company.

Minter, an executive vice president, has 25 years of experience in the financial services industry. That includes 10 years at South Atlantic Bank, where he most recently served as chief banking officer.

"Travis's operational experience and leadership skills will be a key driver in building our product and service offerings to better serve our customers. He has grown and managed our retail banking and mortgage divisions and will now focus on our operational performance to help us gain efficiencies and support our growth," said Scott Plyler, South Atlantic Bank president.

Minter earned a bachelor's degree from Virginia Tech. He previously served as chairman of the South Carolina Bankers Association's Mortgage Banking Committee and as president of the Mortgage Bankers Association of the Carolinas.

About South Atlantic Bancshares, Inc.

South Atlantic Bancshares, Inc. (OTCQX: SABK) is a registered bank holding company based in Myrtle Beach, South Carolina with over $1.4 billion in total assets.  The Company's banking subsidiary, South Atlantic Bank, is a full-service financial institution spanning the entire coastal area of South Carolina, and is locally owned, controlled and operated.  The Bank operates twelve offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Beaufort, Bluffton and Hilton Head Island, South Carolina.  The Bank specializes in providing personalized community banking services to individuals, small businesses and corporations.  Services include a full range of consumer and commercial banking products, including mortgage, and treasury management, including South Atlantic Bank's goMobile banking app.  The Bank also offers online banking, no-fee ATM access, checking, CD and money market accounts, merchant services, mortgage loans, remote deposit capture, and more.  For more information, visit www.SouthAtlantic.bank. 

Contacts:  K. Wayne Wicker, Chairman & CEO, 843-839-4410

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SOURCE South Atlantic Bank

FAQ

Who is the new COO of South Atlantic Bancshares, Inc.?

Travis A. Minter has been appointed as the new COO of South Atlantic Bancshares, Inc.

What experience does Travis A. Minter have?

Travis A. Minter has 25 years of experience in financial services, including 10 years at South Atlantic Bank.

What is the total asset value of South Atlantic Bancshares, Inc.?

South Atlantic Bancshares, Inc. has over $1.4 billion in total assets.

Where is South Atlantic Bancshares, Inc. based?

The company is based in Myrtle Beach, South Carolina.

When was Travis A. Minter appointed as COO?

Travis A. Minter was appointed as COO on January 4, 2023.