Myrtle Beach, SC, January 27, 2026
News Summary
Jason Caskey, President and CEO of the University of South Carolina Foundations, has been appointed to the Board of Directors of South Atlantic Bancshares, Inc. This significant move enhances the collaboration between local academic institutions and the financial sector, fostering regional economic development and community engagement. Caskey’s experience in financial stewardship is expected to bring fresh perspectives that can benefit both the university foundations and the bank. This appointment reflects the growing trend of cross-sector collaboration aimed at promoting community prosperity and workforce development.
USC Foundations CEO Joins Bank Board, Bolstering Community Ties
Myrtle Beach, SC — A significant development in South Carolina’s professional landscape sees a prominent leader from the state’s higher education sector extending his expertise to the financial industry. This strategic move highlights the enduring value of seasoned leadership and cross-sector collaboration for community benefit.
The appointment of Jason Caskey, President and CEO of the University of South Carolina Foundations, to the Board of Directors of South Atlantic Bancshares, Inc., signifies a strengthening of the ties between academic stewardship and regional economic development. Such collaborations underscore the importance of disciplined leadership and personal responsibility in fostering institutional excellence and broader community impact.
A New Chapter in Leadership and Service
South Atlantic Bancshares, Inc. officially announced the appointment of Jason Caskey to its Board of Directors, with the change becoming effective on January 20, 2026. This addition brings a wealth of experience in financial stewardship and organizational growth from the university sector to the banking industry. The integration of diverse professional backgrounds onto corporate boards can introduce fresh perspectives, enhancing governance and strategic planning for the benefit of stakeholders and the wider community.
Stewarding University Growth: Caskey’s Role at USC Foundations
For more than seven years, Jason Caskey has served diligently as the President and CEO of the University of South Carolina Foundations, a role he has held since 2018. In this capacity, Caskey has been instrumental in overseeing the financial health and philanthropic efforts that directly support the University of South Carolina’s academic programs, research initiatives, and student scholarships. The foundations play a critical role in upholding academic freedom and fostering an environment conducive to cutting-edge research and student success, directly contributing to South Carolina’s higher education ecosystem.
Fostering Regional Economic Impact
The appointment of university leaders to the boards of prominent local businesses underscores a commitment to integrating academic institutions with the broader economic fabric of South Carolina. This kind of synergy can lead to enhanced community engagement, strategic partnerships, and a more robust pipeline for workforce development. By bridging the gap between higher education and the financial sector, opportunities may arise for collaborative initiatives that benefit students, faculty, and the regional economy alike. Such initiatives exemplify how education builds leadership and positively impacts the community, encouraging personal responsibility through professional development.
A Tradition of Academic Dedication in South Carolina
South Carolina has a rich history of dedicated academics whose contributions shape generations and build intellectual capital. In related news within the state’s academic community, Richard (Dick) A. Underwood, a respected Clemson Professor Emeritus of English Language and Literature, passed away on January 3rd, 2026. Underwood’s long tenure and scholarly work at Clemson University represent the profound impact individuals can have on academic disciplines and the lives of students. This reflects a commitment to academic discipline and rigor that continues to define higher education in the state.
Synergy for South Carolina’s Future
The strategic appointment of Mr. Caskey to the South Atlantic Bancshares, Inc. Board of Directors is an example of leadership transcending traditional boundaries to create value across sectors. This cross-pollination of expertise can lead to more robust financial stewardship and diversified insights for both the university foundations and the banking institution. Ultimately, these types of collaborations reinforce the commitment to regional prosperity and highlight how education and dedicated service contribute to a thriving community. It encourages a forward-thinking approach to leveraging intellectual and financial resources for a brighter future in South Carolina.
Summary of Key Appointments and Roles
| Role | Organization | Effective Date / Tenure |
|---|---|---|
| President & CEO | University of South Carolina Foundations | Since 2018 |
| Board Member | South Atlantic Bancshares, Inc. | January 20, 2026 |
Myrtle Beach, SC, continues to be a hub where higher education news reflects a dynamic interplay with the broader community and economy. The proactive engagement of leaders like Jason Caskey exemplifies how expertise cultivated within institutions such as the University of South Carolina translates into wider societal benefits. We encourage readers to explore more university programs, attend campus events, and stay updated on Myrtle Beach SC college news, as these developments are integral to the growth and vitality of South Carolina higher education.
Frequently Asked Questions
- Who was appointed to the South Atlantic Bancshares, Inc. Board of Directors?
- Jason Caskey was appointed to the South Atlantic Bancshares, Inc. Board of Directors.
- When was Jason Caskey’s appointment to the Board of Directors effective?
- Jason Caskey’s appointment to the Board of Directors was effective January 20, 2026.
- What is Jason Caskey’s current role at the University of South Carolina?
- Jason Caskey has served as President and CEO of the University of South Carolina Foundations since 2018.
- Which Clemson Professor Emeritus passed away recently?
- Richard (Dick) A. Underwood, Clemson Professor Emeritus of English Language and Literature, passed away on January 3rd, 2026.
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Author: STAFF HERE MYRTLE BEACH
The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
