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First Reliance Bank CEO and executives

Executive Summary. Based on our data team's research, F. R. Saunders (Rick) is the First Reliance Bank's CEO. First Reliance Bank has 92 employees, of which 3 are in a leadership position.
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Name & TitleBio
F. R. Saunders (Rick)

Founder, Chief Executive Officer

F. R. Saunders (Rick)'s LinkedIn

Rick Saunders has worked in finance and banking as his career of choice from an early age. From 1983 through 1997, Mr. Saunders was Senior Vice President and City Executive of Florence for Pee Dee State Bank, where he was also a member of the Senior Loan Committee and Board of Directors. During this time, his responsibilities included Corporate Banking, Business Development, and Policy Making. From 1997 to 1998, he served as Senior Market Executive with Centura Bank after its merger with Pee Dee State Bank. In 1998, he began organizing First Reliance Bank and presently serves as its President and Chief Executive Officer. Mr. Saunders is currently a member of many civic and charity organizations. He was awarded the Order of the Palmetto by Governor McMasters (2019) for his dedication and contributions to the well-being of South Carolina and its communities. He has been recognized with an Entrepreneur Award for his contributions to the prosperity of the Pee Dee Region by the Florence-Darlington Technical College’s Educational Foundation (2016), named Business Man of the Year (2007, Florence Chamber of Commerce), the Ernst and Young Entrepreneur of the Year (2007), and the Beta Gamma Sigma honoree from Francis Marion University School of Business (2004-2005). He is also a member of the Florence County Foster Care Review Board, the South Carolina Foster Care Review Board, the Board of Directors for First Reliance Bank and First Reliance BancShares, the Florence Rotary Club, and the Florence Baptist Temple. Mr. Saunders has served as a member of the McLeod Foundation Board of Trustees and prior to that served as a Director for the Advisory Board for the McLeod Foundation, the Florence Chamber of Commerce, the SC Chamber of Commerce, the South Carolina Bankers Association,the SC Bankers Association Legislative Committee, the Independent Banks of South Carolina and he is a past member of the South Carolina State Board of Financial Institutions. He has also been a past board member for the local chapter of Young Life Ministries, the South Carolina Bankers Association Community Bankers Council, the Advisory Board for the Business Education Program for Florence School District One, the Advisory Board for the Florence Easter Seals, the United Way of Florence, Pee Dee State Bank and Pee Dee Bancshares, and the Home Builders Association of the Greater Pee Dee Area. Mr. Saunders graduated from the South Carolina Bankers School, a cooperative program with the College of Business Administration of the University of South Carolina in 1986. Two years later, he graduated from the Southeastern School of Agriculture Lending, a cooperative program with the College of Agricultural Science of Clemson University.

A Porter

Board Member

J Scott

Board Member

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First Reliance Bank founders

Name & TitleBio
F. R. Saunders (Rick)

Founder, Chief Executive Officer

F. R. Saunders (Rick)'s LinkedIn

Rick Saunders has worked in finance and banking as his career of choice from an early age. From 1983 through 1997, Mr. Saunders was Senior Vice President and City Executive of Florence for Pee Dee State Bank, where he was also a member of the Senior Loan Committee and Board of Directors. During this time, his responsibilities included Corporate Banking, Business Development, and Policy Making. From 1997 to 1998, he served as Senior Market Executive with Centura Bank after its merger with Pee Dee State Bank. In 1998, he began organizing First Reliance Bank and presently serves as its President and Chief Executive Officer. Mr. Saunders is currently a member of many civic and charity organizations. He was awarded the Order of the Palmetto by Governor McMasters (2019) for his dedication and contributions to the well-being of South Carolina and its communities. He has been recognized with an Entrepreneur Award for his contributions to the prosperity of the Pee Dee Region by the Florence-Darlington Technical College’s Educational Foundation (2016), named Business Man of the Year (2007, Florence Chamber of Commerce), the Ernst and Young Entrepreneur of the Year (2007), and the Beta Gamma Sigma honoree from Francis Marion University School of Business (2004-2005). He is also a member of the Florence County Foster Care Review Board, the South Carolina Foster Care Review Board, the Board of Directors for First Reliance Bank and First Reliance BancShares, the Florence Rotary Club, and the Florence Baptist Temple. Mr. Saunders has served as a member of the McLeod Foundation Board of Trustees and prior to that served as a Director for the Advisory Board for the McLeod Foundation, the Florence Chamber of Commerce, the SC Chamber of Commerce, the South Carolina Bankers Association,the SC Bankers Association Legislative Committee, the Independent Banks of South Carolina and he is a past member of the South Carolina State Board of Financial Institutions. He has also been a past board member for the local chapter of Young Life Ministries, the South Carolina Bankers Association Community Bankers Council, the Advisory Board for the Business Education Program for Florence School District One, the Advisory Board for the Florence Easter Seals, the United Way of Florence, Pee Dee State Bank and Pee Dee Bancshares, and the Home Builders Association of the Greater Pee Dee Area. Mr. Saunders graduated from the South Carolina Bankers School, a cooperative program with the College of Business Administration of the University of South Carolina in 1986. Two years later, he graduated from the Southeastern School of Agriculture Lending, a cooperative program with the College of Agricultural Science of Clemson University.

First Reliance Bank board members

Name & TitleBio
F. R. Saunders (Rick)

Founder, Chief Executive Officer

F. R. Saunders (Rick)'s LinkedIn

Rick Saunders has worked in finance and banking as his career of choice from an early age. From 1983 through 1997, Mr. Saunders was Senior Vice President and City Executive of Florence for Pee Dee State Bank, where he was also a member of the Senior Loan Committee and Board of Directors. During this time, his responsibilities included Corporate Banking, Business Development, and Policy Making. From 1997 to 1998, he served as Senior Market Executive with Centura Bank after its merger with Pee Dee State Bank. In 1998, he began organizing First Reliance Bank and presently serves as its President and Chief Executive Officer. Mr. Saunders is currently a member of many civic and charity organizations. He was awarded the Order of the Palmetto by Governor McMasters (2019) for his dedication and contributions to the well-being of South Carolina and its communities. He has been recognized with an Entrepreneur Award for his contributions to the prosperity of the Pee Dee Region by the Florence-Darlington Technical College’s Educational Foundation (2016), named Business Man of the Year (2007, Florence Chamber of Commerce), the Ernst and Young Entrepreneur of the Year (2007), and the Beta Gamma Sigma honoree from Francis Marion University School of Business (2004-2005). He is also a member of the Florence County Foster Care Review Board, the South Carolina Foster Care Review Board, the Board of Directors for First Reliance Bank and First Reliance BancShares, the Florence Rotary Club, and the Florence Baptist Temple. Mr. Saunders has served as a member of the McLeod Foundation Board of Trustees and prior to that served as a Director for the Advisory Board for the McLeod Foundation, the Florence Chamber of Commerce, the SC Chamber of Commerce, the South Carolina Bankers Association,the SC Bankers Association Legislative Committee, the Independent Banks of South Carolina and he is a past member of the South Carolina State Board of Financial Institutions. He has also been a past board member for the local chapter of Young Life Ministries, the South Carolina Bankers Association Community Bankers Council, the Advisory Board for the Business Education Program for Florence School District One, the Advisory Board for the Florence Easter Seals, the United Way of Florence, Pee Dee State Bank and Pee Dee Bancshares, and the Home Builders Association of the Greater Pee Dee Area. Mr. Saunders graduated from the South Carolina Bankers School, a cooperative program with the College of Business Administration of the University of South Carolina in 1986. Two years later, he graduated from the Southeastern School of Agriculture Lending, a cooperative program with the College of Agricultural Science of Clemson University.

A Porter

Board Member

J Scott

Board Member

What employees say about the executives at First Reliance Bank

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A zippia user wrote a review on Apr 2023
Pros of working at First Reliance Bank

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Cons of working at First Reliance Bank

Small and lacks product diversity. The leadership is not very experienced. The credit decisions are very conservative.

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First Reliance Bank executives FAQs

Zippia gives an in-depth look into the details of First Reliance Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about First Reliance Bank. The employee data is based on information from people who have self-reported their past or current employments at First Reliance Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by First Reliance Bank. The data presented on this page does not represent the view of First Reliance Bank and its employees or that of Zippia.

First Reliance Bank may also be known as or be related to FIRST RELIANCE BANCSHARES INC, First Reliance Bancshares, Inc. and First Reliance Bank.