Note to readers:
We’ve had a number of calls recently asking why South Carolina Bank & Trust, the financial firm that bought The Savannah Bank in August 2012, is no longer in our daily stock listings.
The answer is the company is still there under its new name.
SCBT completed a merger with First First Financial Holdings Inc. on July 26 and is listed in our Readers Choice and Savannah Select listings as FstFinHldg.
If you have any trouble finding it, just let us know at gale.baldwin@savannahnow.com.
Exhibitors sought for business expo
The Savannah Area Chamber of Commerce is looking for businesses to be exhibitors at its 2013 Business Expo & Awards Banquet on Thursday, Oct. 24, at the Savannah International Trade and Convention Center.
Exhibitors have the choice of a 10-foot by 10-foot space or a 10-foot by 20-foot space will receive tickets to the awards banquet and the expo.
The awards banquet, an event that recognizes standout professionals in the community, will take place following the business expo. The Chamber will honor award recipients in the areas of small business, hospitality and industry during the seated dinner.
For questions and submissions, contact Cally D’Angelo at 912-644-6459 or CDAngelo@SavannahChamber.com.
Step up and nominate a business
Nominations are open for the Workplace Innovator Award, given each year by Step Up Savannah to recognize a business that pursues innovation in the workplace for its lower-wage workers, defined as those earning at or below $12 an hour.
Past winners include IKEA, Memorial Health University Medical Center, DIRTT Environmental Solutions, and St. Joseph’s/Candler Medical System.
The award will be presented at the Step Up Annual Meeting at a breakfast scheduled this year on Oct. 18 at Savannah Technical College.
Nominations are due on Aug. 30 and will be evaluated by a team of judges. Download the “2013 Workplace Innovator Nomination form” on Step Up’s website www.stepupsavannah.org/employersupport or call 912-232-6747 to request a copy of the nomination form.
Nomination forms may be submitted by email to jjohnson@stepupsavannah.org.
Synovus clear of TARP program
COLUMBUS — Synovus (NYSE: SNV), the Columbus-based financial services company, has repaid loans from the Troubled Asset Relief Program (TARP) through the redemption of $968 million in stock.
More than two-thirds of the TARP redemption was funded by internally available funds, including a $680 million dividend from the company’s wholly-owned subsidiary, Synovus Bank, the company said.
The rest was funded by net proceeds from a $185 million common stock offering and $130 million preferred stock offering.