First Reliance Bank Bolsters Digital Capabilities With Hire Of Walter Reese, New Electronic Banking VP

Walter-ReeseSeptember 28, 2020, Charleston, S.C. — Walter Reese is the new Vice President of Electronic Banking for First Reliance Bank, where he will be based in the company’s Charleston Office. Reese brings over 30 years of experience into his new role, which focuses on managing and enhancing First Reliance’s digital and online banking technology and platforms.

Reese is responsible for ensuring First Reliance Bank delivers best-in-class digital experiences to its customers, maximizes its resources, and contributes to the organization's business results and strategic objectives.

A banking industry veteran, Reese has worked both internally, and externally as a consultant, for financial institutions including Wells Fargo, Ridgewood Savings Bank, and most recently for CresCom Bank, where he served as Senior Vice President and Director of Operations. While with CresCom, Reese guided operations for multiple areas of the bank, including card services, online and mobile banking, and internal team management and performance measurement.


Reese has a BSBA in Accounting from Bucknell University, PA and an MBA from Fairfield University, CT. In addition, he is a graduate of America’s Community Bankers National School of Banking and the Senior Leadership Institute. In his personal time, Reese enjoys giving back to the Charleston-area community through involvement with causes and organizations. In addition to past and current engagement with several banking-industry associations, he also serves as a board member for Interfaith Nutrition Network and Cure Mommy's Breast Cancer.

“Walter’s hire comes at a critical time, where more customers than ever are relying on digital and mobile tools for their banking needs,” said Rick Saunders, President and Chief Executive Officer of First Reliance Bank. “His industry expertise and insights in this in-demand service area are going to quickly benefit our company, and the businesses and individuals we serve – with personalized, innovative banking solutions that match the highly-personal customer service experience we’re known for.”



Founded in 1999, First Reliance Bancshares, Inc. (OTC: FSRL.OB), is based in Florence, South Carolina and has assets of approximately $761 million. The Company employs more than 165 professionals and has locations throughout South Carolina and central North Carolina. First Reliance has redefined community banking with a commitment to making customers lives better, its founding principle. Customers of the company have given it a 93% customer satisfaction rating well above the bank industry average of 81%. First Reliance is also one of three companies throughout South Carolina to receive the Best Places To Work in South Carolina award all 15 years since the program began. We believe that this recognition confirms that our associates are engaged and committed to our brand and the communities we serve. In addition to offering a full range of personalized community banking products and services for individuals, small businesses, and corporations, First Reliance offers two unique community-customers programs, which include: Hometown Heroes, a package of benefits for those serving our communities and Check N Save, an outreach program for the unbanked or under-banked. We also offer a full suite of digital banking services, a Customer Service Guaranty, a Mortgage Service Guaranty, and are open on most traditional holidays.

Additional information about the Company is available on the Company’s web site at

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