– USA, SC – First Reliance Bank announced the appointment of Rick Redden to its Board of Directors.
About Rick Redden
Rick Redden has extensive experience working with banks, public and private companies, non-profits, and higher educational institutions to establish or enhance strategic plans, navigate industry change, and accelerate execution. He has assisted clients with acquisitions, major investments, capital structure decisions, and succession strategies.
Before consulting, Rick served as Commercial Executive, State President, Division CRO, and Division President for a top US bank. He was responsible for a $3 billion P&L, 2.5 million customers, 2,000+ branches/ATMs, and over 7,000 employees. In addition to leading several highly successful businesses, Rick has been instrumental in company-transforming initiatives, such as merger integration, customer segmentation, talent management, and business redesign efforts. Rick earned a B.S. in Business from Appalachian State University, an M.B.A. from Georgia Tech, and is a UNC-Chapel Hill Executive Leadership program graduate. He is an active community member and has served in roles with the Charleston Economic Leadership Council (Chair), Clemson University Board of Visitors, NC CEO Council, and the Kennedy Center National Symphony Orchestra.
About First Reliance
Founded in 1999, First Reliance Bancshares, Inc., is based in Florence, South Carolina, and has assets of approximately $937 million. The Company employs more than 180 professionals and has locations throughout South Carolina and central North Carolina. First Reliance has redefined community banking with a commitment to making customers’ lives better, its founding principle. Customers of the company have given it a 93% customer satisfaction rating, well above the bank industry average of 81%. First Reliance has been awarded the “Best Places to Work in South Carolina” all 16 years since the program began. This recognition confirms that our associates are engaged and committed to our brand and the communities we serve. In addition to offering a full range of personalized community banking products and services for individuals, small businesses, and corporations, First Reliance offers two unique community customers programs, which include: Hometown Heroes, a package of benefits for those serving our communities, and Check ‘N Save, an outreach program for the unbanked or under-banked. We also offer a full suite of digital banking services, treasury services, a Customer Service Guaranty, and a Mortgage Service Guaranty.
For more information: https://www.firstreliance.com/
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