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Committee reports Michael Strange favorably for Real Estate Appraisers Board
Summary
The Labor, Commerce and Industry committee screened Michael Strange for an initial appointment to the South Carolina Real Estate Appraisers Board and reported him favorably. Strange described his 34-year banking career and experience reviewing appraisals.
Michael Strange was screened and reported favorably by the Senate Labor, Commerce and Industry committee for an initial appointment to the South Carolina Real Estate Appraisers Board, with a term cited during the hearing as commencing 05/31/2024 and expiring 05/31/2027.
Strange told the committee: “I am Michael Strange. I'm the executive vice president for Security Federal Bank out of headquartered out of Aiken, South Carolina. I began my banking career in 1991, so I've been in banking now for 34 years.” He described experience as a commercial lender responsible for reviewing appraisals and said that experience informed his view of the role of the appraisal board in ensuring accuracy and fairness.
Committee staff reported receipt and review of Strange’s personal data questionnaire, statement of economic interest, SLED background check, credit report and driving record. Members had brief questions about his appraisal-related experience and his understanding of the board’s role; he said the board would review complaints and discrepancies and would address educational and ethical requirements for appraisers. A motion for a favorable report was moved and seconded and the committee recorded an affirmative vote to report him favorably to the full Senate.
