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May 26, 2009

Daniel L. Croghan, Jr. to lead SCBT's Charleston’s Investment Division

SCBT announced today that Daniel L. Croghan, Jr. has joined the Investment Services Group as senior investment consultant serving the greater Charleston area.

“I am excited to announce Danny will lead the Investment Services division of SCBT as a key member of our team,” reported Bill Medich, SCBT senior vice president.  "Danny will assume responsibility for establishing our growing presence in the Charleston area, particularly in the area of investments, insurance, and financial planning.” 

Based at the 46 Broad Street office in Charleston, Croghan will leverage his background and experience in investment management, financial and retirement planning in serving the needs of SCBT's Wealth Management Group clients. 

“Our Bank is well positioned as the State’s third largest bank headquartered in South Carolina to further expand our extensive offering of world class investment, insurance and planning expertise to Charleston,” stated Medich. 

 “There is no one more qualified to lead this effort and meet the challenging market needs than Danny," noted Arthur P. Swanson, SCBT Charleston regional president.  "He will be building a business and manage client portfolio’s and will be a major contributor in our focus on serving the dynamic needs of individuals, small business owners and their families. “

With over 14 years experience in financial management, Croghan has an extensive resume of accomplishments during his career, including 12-years as senior financial advisor for First Southeast Investor Services and 2-years with Merrill Lynch, both in Charleston. 

A native of Charleston, Croghan earned a Bachelor of Science degree in Business Administration from the College of Charleston and an MBA from the Citadel.  Croghan serves on the board of a local private school.

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 third largest bank headquartered in South Carolina and NCBT, a Division of SCBT, N.A.   Providing financial services for over 75 years, SCBT Financial Corporation operates 50 financial centers in 16 South Carolina counties and Mecklenburg County in North Carolina.   SCBT Financial Corporation has assets of approximately $2.8 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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