James B. Schwiers

Summit Financial Corp. has supervised and coordinated the activities of its subsidiaries and to provide them with capital and services of various kinds. The Company derived substantially all of its income from management fees for services performed, interest on invested funds, interest on intercompany loans, and other intercompany payments as appropriate from the subsidiaries. The Company conducted its business from four banking offices and 11 consumer finance offices throughout South Carolina. Summit Financial was headquartered in Greenville, SC

Grandsouth Bancorp. operates as a holding company, which engages in owning and operating GrandSouth Bank. It offers personal banking, business banking, loans, special services, factoring, gift cards, and travel cards. The company was founded in 2000 and is headquartered in Greenville, SC.

South Carolina Bankers Association engages in the provision of services for legislative, regulatory, educational, and value-added. It offers bank robbery posters, community investment corporation, thumbprint signature, and services offered by preferred vendors and associate members. The company was founded in 1901 and is headquartered in Columbia, SC.

Part of First Bancorp (North Carolina), GrandSouth Bank is a state chartered commercial bank. The private company is based in Greenville, SC. James B. Schwiers has been the CEO of the company since 2016.