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August 04, 2009

Former Wachovia Executive Joins South Carolina Bank and Trust

South Carolina Bank and Trust (SCBT) announced today that Greg A. Lapointe has been named senior vice president.

"I am really excited to be a part of the SCBT Team," said Lapointe.  "Recently named one of the Most Trustworthy Companies in America, SCBT has a great reputation as the leading community bank in the Carolinas."

Lapointe will be responsible for statewide business development and will serve as the economic development liaison for the bank with economic development organizations throughout the state. Prior to joining SCBT, Lapointe was the midlands market president for Wachovia.

"Greg's leadership will be essential in achieving our goals and continuing to build our franchise throughout the Carolinas," said Robert R. Hill, Jr., CEO, SCBT.

Starting his banking career in 1985, Lapointe has served in various banking and banking leadership positions in North and South Carolina. He has worked in the Coastal, Midlands and Upstate regions of South Carolina, and the Triangle and Eastern/Coastal markets of North Carolina.

Lapointe graduated from Richland Northeast High school in Columbia in 1981 and earned a Bachelor of Arts degree from the Citadel in 1985. Lapointe is also a 1993 graduate of the Graduate School of Banking of the South at Louisiana State University. Additionally, Lapointe completed the Basic Economic Development Course at the University Of North Carolina School Of Government at Chapel Hill in 2005 and will graduate from the South Carolina Economic Developers School in November of 2009.

An active member in community and civic affairs, Lapointe currently serves on the Executive Committee of The Midlands Business Leadership Group, the Executive Committee of EngenuitySC, the Executive Committee of the Midlands Housing Alliance and the Riverbanks Zoo Society Board.

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 49 financial centers in 16 South Carolina counties and Mecklenburg County in North Carolina.   Named in Forbes as one of the 100 Most Trustworthy Companies in America, 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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