First Reliance Bank

Review, Rates and contact information

First Reliance Bank

About

First Reliance Bank is more than just a bank; it’s a commitment to building strong and lasting relationships with the community. Founded in 1999 by Rick Saunders, Paul Saunders, and Dale Porter, the bank is driven by values that prioritize trust, relationships, and making a real difference in customers’ lives. With nearly two decades of experience in the Florence, SC banking community, the founders observed the impact of mergers and acquisitions on customer relationships. Recognizing the need for a different kind of bank, they set out to create a BETTER bank—one built on strong values, a dedicated team, and a commitment to community impact. First Reliance Bank goes beyond the basics of good service and local decisions. It aims for a higher standard, aiming to be a rock in the community. The bank expanded its reach beyond Florence to serve communities in Midlands, Upstate, and Coastal South Carolina, as well as the Piedmont Triad and Charlotte areas of North Carolina. Throughout its operation, First Reliance Bank has received numerous honors, including recognition as one of the “”Best Adoption-Friendly Workplaces”” by the Dave Thomas Foundation, inclusion in the “”Top 25 Fastest Growing Companies in South Carolina”” multiple times, and being named one of the “”Best Places to Work in South Carolina”” on several occasions. The bank remains committed to its founding vision, ensuring that it continues to be a trusted partner for the communities it serves.

4 contacts were found in LoanBase's database

Offered Loan Program Types

Property Types

Loan Amount

$200K - $5M

Time to close

30-60 days

Primary Areas Served

SC NC

Max LTV

65%

Origination Fee

1.00%

Specialty

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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To view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

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8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

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8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

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8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2204
$675,181
Industrial
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Loan date

7/26/2204

Loan Amount

$675,181

Property Subtype

Industrial

Address

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