First Reliance Bank of Columbia

First Reliance Bank of Columbia is a bank in Columbia, SC. The bank provides personal and business banking services, including business development and merchant services. It holds a 5.00 rating based on 14 reviews.

First Reliance Bank was founded in Florence, SC, in 1999 by Rick Saunders. The bank is currently ranked among the top 13 banks in SC by asset size. The Midlands market is led by Executive Vice President and Midlands Market President Michael Edens, who joined the bank in February 2021. Edens has over two decades of commercial banking experience.

Business banking solutions include treasury services, merchant services, and the At Work Program. The At Work Program offers tailored financial services to employees of local businesses. Merchant services include payment processing for in-person, online, and mobile transactions. These services integrate with software such as QuickBooks and Xero. The bank also provides the Compass CRM tool for managing statements, transaction reports, and deposit reports.

Banking services are supported by digital tools such as FReDA, a digital assistant available 24/7 for frequently asked questions. Customers can access specialists through live chat on the website or mobile app. The app includes a co-browsing feature to assist with website navigation. Treasury services include ACH for payroll and tax payments, remote deposit capture, and automated funds sweep services. These services move excess balances into interest-bearing accounts or toward debt repayment.

First Reliance Bank of Columbia is known for its reputation among the customers it has served. The bank provides personalized banking solutions and business tools to the Columbia community.

Services:

• Business Banking
• Commercial Real Estate Loans
• Merchant Services
• Mortgage Loans
• Mortgages
• Online & Mobile Banking
• Personal Banking
• Personal and Business Banking