Around the States - South Carolina

New Commissioner of Banking named

Feb. 11, 2019 -- Richards H. Green has been promoted to serve as the next Commissioner of Banking for the state, South Carolina Treasurer Curtis Loftis, Chairman of the State Board of Financial Institutions, announced today.

Green has spent his entire career with the State Board of Financial Institutions, the agency charged with chartering, examining and regulating South Carolina state-chartered banks and credit unions. From an entry level Bank Examiner position in 1999 to his latest role as Chief Examiner, Green’s career as a regulator steadily progressed throughout the ranks as he took on more responsibility, oversaw more complex financial institutions and managed other examiners during his 20 years with the agency.

State CU League focusing on updating, modernizing charter
Jan. 12, 2018 -- The Carolinas Credit Union League is focusing in South Carolina on passingĀ Senate bill 337, which updates and modernizes the South Carolina state credit union charter. A hearing on the bill is set for Wednesday, Jan. 31, 2018, and the state association is urging credit unions to take action supporting the bill.

New bank examining division commissioner named
Jan. 23, 2017
-- Robert L. Davis is the new commissioner of the bank examining division of the South Carolina State Board of Financial Institutions, the state announced Friday (Jan. 20). In his position, Davis oversees state-chartered credit unions, banks, savings and loans, savings banks and trust companies. Most recently general counsel and executive vice president for a Charleston, S.C., bank (First Financial Holdings, Inc./First Federal Bank), he has also served at the federal Office of the Comptroller of the Currency as assistant director of the enforcement and compliance division in Washington, D.C. He is a graduate of McDaniel College and the University Of Baltimore School Of Law, both in Maryland