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June 24, 2011

David Swofford Joins SCBT as Vice President

South Carolina Bank and Trust announced that David Swofford has been named vice president and mortgage loan officer for the bank’s Spartanburg market.

With over eight years in the banking industry, Swofford’s primary responsibility will be residential lending and relationship management. Prior to joining SCBT, Swofford worked as a mortgage loan consultant with a large regional bank.

“We are fortunate to have a talented mortgage banker like David as part of our Spartanburg team,” said Jay Reagan, SCBT Spartanburg city executive.

“The addition of a local mortgage banker is another step forward in our commitment to full-service banking in Spartanburg,” said Bill Coker, SCBT Wealth Management Group senior relationship manager.

A native of Spartanburg, Swofford earned his undergraduate degree in finance from the University of South Carolina.

“I am proud to join SCBT, a bank founded and deeply rooted in South Carolina,” said Swofford. “Our team of local bankers will work together to fulfill our commitment to provide full-service banking to our community.”

Active in church, civic organizations and the community, Swofford serves as a board member of Spartanburg Young Professionals and as a council volunteer at United Way of Piedmont. Swofford, his wife Meghann and son William are members of First Presbyterian Church in Spartanburg.

SCBT Financial Corporation, Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The Company consists of SCBT, N.A., the second largest bank headquartered in South Carolina; SCBT of the Piedmont, a Division of SCBT, N.A.; NCBT, a Division of SCBT, N.A.; and Community Bank & Trust, a Division of SCBT, N.A. Providing financial services for over 76 years, SCBT Financial Corporation operates 81 locations in 17 South Carolina counties, 11 North Georgia counties, and Mecklenburg County in North Carolina. Named in Forbes as one of the 100 Most Trustworthy Companies in America for more than 60 months, SCBT Financial Corporation has assets of approximately $4.0 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com.

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