Saunders Family Gift Supports College of Charleston Business Students

A family with a storied history in community banking has established a new scholarship for business students at the College of Charleston in memory of their father, Frederick “Freddie” Saunders Sr.

Brothers Rick, Paul and Mark Saunders together with their family and community have created the Freddie Saunders & Family Endowed Scholarship to support School of Business students majoring in finance, business administration, accounting, economics, management or entrepreneurship.

“Before [our father’s] passing, our family discussed the importance of legacy – not just his, but our entire family’s legacy,” says Rick Saunders, president and CEO of First Reliance Bank and College of Charleston School of Business Board of Governors member. “We all felt our lives have been blessed beyond what we deserve and felt we should somehow give back.”

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