Business

Tidelands CFO/president resigns

The chief financial officer and interim president of struggling Tidelands Bank has resigned, saying he is taking a job in the Atlanta area, The (Charleston) Post and Courier reported.

Alan W. Jackson notified the Mount Pleasant-based lender Thursday that he would step down June 30, according to a filing with the Securities and Exchange Commission.

Tidelands Bank has an office on Burnt Church Road in Bluffton.

Tidelands said the resignation "was not the result of any dispute or disagreement" with the bank or its parent company, Tidelands Bancshares Inc.

Jackson has been CFO of Tidelands since it opened in 2003. He added interim president to his job title after Robert E. "Chip" Coffee abruptly resigned in April.

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