Business
Redden Named to First Reliance Bank Board
Redden Named to First Reliance Bank Board.
About this update from First Reliance Bancshares, Inc.
[{"type":"text","content":"\n\n\n\nRedden Named to First Reliance Bank Board\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRedden Named to First Reliance Bank Board\nPR Newswire\nFLORENCE, S.C., March 29, 2023\n\n\n\nFLORENCE, S.C., March 29, 2023 /PRNewswire/ -- Rick Redden has been named to the First Reliance Bank Board of Directors. Rick 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.\n\n \n \n \n \n \n \n\n \nRick Saunders, Chief Executive Officer of First Reliance Bank, shared, \"When searching for a board member, I always look for talented professionals with similar values about life, leadership, and business success. I am fortunate to have known Rick for quite some time, and he certainly meets every standard to be found in a successful bank board member. I look forward to working closely with Rick as we pursue \"changing lives\" across the Carolinas.\"\nPrior to consulting, Rick served as Commercial Executive, State President, Division Chief Risk Officer, 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.\nAbout First Reliance\nFounded in 1999, First Reliance Bancshares, Inc. (OTC: FSRL.OB), is based in Flore...