CertusBank to set up HQ in Greenville

Greenville will be the headquarters for a new bank that already has 32 branches in South Carolina, Georgia and Florida, thanks in part to the acquisition of two failed Georgia banks just this past weekend.

CertusBank said it expects to have more than 350 employees in the location eventually.

It will occupy space in a $100 million development unveiled Wednesday for the middle of Main Street in Greenville, according to The Greenville News.

Certus currently conducts business from the Atlanta and Charlotte offices of its parent, Blue Ridge Holdings, and its operations center in Easley, where it acquired CommunitySouth Bank & Trust earlier this year.

“With more than $1.8 billion in assets and backed by half a billion dollars in investment capital, CertusBank is a strong new player in the Southeastern banking market,” according to a release issued by the S.C. Department of Commerce.

Last Friday, Certus assumed all of the deposits and most assets of the First Georgia Banking Co., located in Franklin, Ga., and Atlantic Southern Bank, located in Macon, Ga., in separate deals with the Federal Deposit Insurance Corporation.

First Georgia Banking Company operated 10 branches and two operations centers across Georgia. It had more than $700 million in assets at the time of its closure by the FDIC.

Atlantic Southern Bank operated 16 branches and one operations center in Georgia and northern Florida. The bank had $741 million in assets at the time of its closure.

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3 thoughts on “CertusBank to set up HQ in Greenville

  1. The development is actually called One. Anthropologie is a retail chain that will occupy some space in the building.

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