United Community Bank, a provider of commercial and retail banking services, plans to expand operations in Greenville, South Carolina. The $ 24.8 million investment will create 227 new jobs.
The company will name the location as its new corporate headquarters and expects the expansion to be completed by 2024.
“We are pleased to establish a permanent, long-term presence in Greenville as part of our growth strategy. As we expand in the Southeast, we continually evaluate the right solutions for the future of our company and see this investment as a significant step towards preserving the special culture that we have built over the past 70 years. We remain committed to all the communities in our presence and look forward to contributing to business growth across the region, ”said United Community Banks, Inc. President and CEO Lynn Harton.
The Economic Development Coordination Council approved the job development credits related to this project and awarded Greenville County a $ 750,000 Set-Aside grant for costs related to this project.
“With United Community Bank expanding in Greenville County and selecting the location to be the company’s new corporate headquarters, we celebrate another great victory for the state and the local community. We look forward to seeing its continued growth in our community for years to come. , Commerce Secretary Bobby Hitt said.
Founded in 1950, United Community Bank is one of the largest full-service financial institutions in the Southeast, with more than 160 branches in Florida, Georgia, North Carolina, South Carolina and Tennessee. With an executive presence in Greenville County since 2012, United Community Bank specializes in personalized banking services for individuals and businesses.
“Since 2012, United Community Bank has demonstrated a strong commitment to Greenville County and our state, continuously expanding services and operations. The county council has worked diligently to ensure a favorable business climate that allows quality companies like United Community Bank thrives here. This expansion and the establishment of the new United Community Bank headquarters in Greenville is proof that our economic development strategies continue to pay dividends, ”noted Willis Meadows, chairman of the Greenville county council and a member of the advice from the Greenville Area Development Corporation.