News

Mar 2, 2020

Podcast: How ‘old school personal banking’ helped turn Optus Bank around

From 2010 to 2018 the South Carolina bank was on the FDIC's problem bank list, but in the last two years it has been profitable. Dominik Mjartan, the bank's president and CEO, explains how technology upgrades and relationship building helped it get back on track.

May 8, 2019

Optus Out to Prove a Small Bank Can Leverage Technology

Innovative technology developments and a new business model is the key to the bank’s future, according to Mjartan, no small undertaking for a bank with a …

Apr 19, 2019

Minority business owners make connection during the “Power Hour”

Dozens of local business owners came out to connect with each other and network with officials from the City of Columbia’s Office of Business Opportunity at the…

Apr 4, 2019

S.C. Community Bank now officially Optus Bank

S.C. Community Bank officially changed its name to Optus Bank on April 1 and will complete its conversion to a new core banking system and upgraded…

Mar 26, 2019

Banks explore ways to capitalize on tax law’s ‘Opportunity Zones’

The way Dominik Mjartan sees it, a new building for the Midlands Arts Conservatory charter school will not only help a group of about 100 students, but could also…

Aug 6, 2018

How this black-owned bank is turning itself around with fintech

A $52 million-asset African-American-owned bank in South Carolina is hoping a tech makeover can return it to profitability and expand its services to…

Aug 1, 2018

SC Community Bank removed from FDIC’s Troubled Bank List

According to a news release, the bank’s total assets have increased from a low of $47.8 million in September 2017 to $56.3 million as of June 30, 2018…