South Atlantic Bancshares, Inc. Names Jason Caskey to Board of Directors

Core Viewpoint - South Atlantic Bancshares, Inc. has appointed Jason Caskey to its Board of Directors, effective January 20, 2026, where he will also serve on the Audit Committee [1][4]. Group 1: Appointment Details - Jason Caskey has been the President and CEO of the University of South Carolina Foundations since 2018, leading both the USC Educational Foundation and the USC Development Foundation [2]. - Caskey is a certified public accountant with 28 years of experience in audit and advisory services for financial institutions in the Southeast [2]. - He has held leadership roles in various organizations, including Vice Chair of the Board of Directors and Chair of the Audit Committee at the SC Student Loan Corporation [3]. Group 2: Company Overview - South Atlantic Bancshares, Inc. is a registered bank holding company based in Myrtle Beach, South Carolina, with approximately $1.9 billion in total assets as of December 31, 2025 [5]. - The company's banking subsidiary, South Atlantic Bank, operates twelve locations across the coastal area of South Carolina, providing personalized community banking services [5]. - Services offered by South Atlantic Bank include a full range of consumer and commercial banking products, such as mortgage and treasury management, along with mobile and internet banking options [5].