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Banks in South Carolina
The 43 FDIC-insured banks headquartered in South Carolina, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 43
- Their assets
- $64.7B
- Their deposits
- $54.7B
- Failures since 2000
- 10
- Credit unions
- 45
Every bank headquartered in South Carolina
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | United Community BankGreenville, SC | UNITED COMMUNITY BANKS INC | $29.0B | $24.1B | $3.4B | $198.1M | 1.40% | 11.65% | 12.1% | 39% | 192 |
| 2 | Southern First BankGreenville, SC | SOUTHERN FIRST BANCSHARES INC | $4.7B | $4.0B | $408.5M | $21.9M | 0.96% | 11.01% | 11.6% | 46% | 12 |
| 3 | Coastal States BankHilton Head Island, SC | CoastalSouth Bancshares, Inc. | $2.4B | $2.1B | $261.6M | $13.8M | 1.17% | 10.69% | 12.3% | 40% | 12 |
| 4 | First Community BankLexington, SC | First Community Corp | $2.4B | $2.0B | $235.7M | $14.3M | 1.25% | 13.39% | 13.0% | 33% | 23 |
| 5 | Anderson Brothers BankMullins, SC | Anderson Bancshares Inc | $2.4B | $2.1B | $206.5M | $17.4M | 1.52% | 17.25% | 11.2% | 15% | 27 |
| 6 | The Conway National BankConway, SC | CNB Corp | $2.0B | $1.7B | $194.9M | $13.9M | 1.42% | 14.72% | 19.2% | 29% | 16 |
| 7 | South Atlantic BankMyrtle Beach, SC | South Atlantic Bancshares Inc | $2.0B | $1.7B | $171.0M | $10.4M | 1.07% | 12.47% | 11.3% | 25% | 12 |
| 8 | Bank of Travelers RestTravelers Rest, SC | Travelers Rest Bancshares Inc | $1.6B | $1.4B | $147.0M | $12.7M | 1.60% | 17.99% | 15.9% | 27% | 11 |
| 9 | Security Federal BankAiken, SC | SECURITY FEDERAL CORP | $1.5B | $1.4B | $151.3M | $6.7M | 0.86% | 9.08% | 20.0% | 24% | 19 |
| 10 | Coastal Carolina National BankMyrtle Beach, SC | Coastal Carolina Bancshares, Inc. | $1.4B | $1.2B | $122.3M | $6.8M | 1.05% | 11.48% | 13.0% | 28% | 16 |
| 11 | First Capital BankCharleston, SC | First Capital Bancshares Inc | $1.3B | $1.1B | $123.2M | $7.0M | 1.14% | 12.23% | – | 27% | 4 |
| 12 | The Citizens BankOlanta, SC | Citizens Bancshares Corp | $1.1B | $1.0B | $122.1M | $7.0M | 1.24% | 11.76% | 17.3% | 28% | 26 |
| 13 | First Reliance BankFlorence, SC | First Reliance Bancshares Inc | $1.1B | $922.0M | $114.2M | $6.7M | 1.21% | 12.09% | 13.2% | 40% | 10 |
| 14 | First Palmetto BankCamden, SC | First Palmetto Financial Corp | $1.1B | $993.9M | $101.4M | $7.3M | 1.36% | 14.91% | 13.6% | 33% | 22 |
| 15 | Carolina Bank & Trust Co.Lamar, SC | First Carolina Bancshares Corp | $844.6M | $727.4M | $110.3M | $7.9M | 1.85% | 14.57% | 20.1% | 40% | 14 |
| 16 | Arthur State BankUnion, SC | Jco Ventures LLC | $831.9M | $686.1M | $56.6M | $4.6M | 1.12% | 16.79% | 12.2% | 19% | 19 |
| 17 | OPTUS BankColumbia, SC | Optus Financial Corp | $764.2M | $646.4M | $98.2M | $3.7M | 0.95% | 7.60% | 19.5% | 19% | 2 |
| 18 | CountybankGreenwood, SC | TCB Corp | $733.0M | $623.1M | $45.8M | $5.4M | 1.45% | 23.07% | 14.8% | 28% | 13 |
| 19 | Oconee Federal Savings and Loan AssociationSeneca, SC | Oconee Federal MHC | $679.4M | $571.2M | $83.2M | $2.5M | 0.76% | 6.18% | 24.1% | 16% | 8 |
| 20 | Palmetto State BankHampton, SC | Palmetto State Bankshares Inc | $597.5M | $493.7M | $82.8M | $2.9M | 0.96% | 7.23% | – | 27% | 8 |
| 21 | First Piedmont Federal Savings and Loan Association of GaffneyGaffney, SC | – | $597.1M | $420.5M | $172.5M | $5.2M | 1.76% | 6.12% | – | 14% | 7 |
| 22 | The Bank of South CarolinaCharleston, SC | Bank of South Carolina Corp | $571.2M | $497.3M | $60.4M | $4.4M | 1.56% | 14.81% | – | 43% | 6 |
| 23 | Enterprise Bank of South CarolinaEhrhardt, SC | Varn Financial Corp | $535.1M | $472.2M | $48.7M | $16.0M | 6.21% | 80.70% | 15.5% | 23% | 12 |
| 24 | The Peoples BankIva, SC | Peoples Financial Group Inc | $446.7M | $393.5M | $49.9M | $3.7M | 1.65% | 15.29% | 18.2% | 19% | 8 |
| 25 | The Bank of ClarendonManning, SC | Bancshares of Carolina Inc | $438.3M | $387.0M | $47.8M | $3.4M | 1.54% | 14.66% | – | 31% | 5 |
| 26 | Bank of the LowcountryWalterboro, SC | Communitycorp | $430.2M | $365.0M | $32.7M | $1.6M | 0.75% | 10.42% | 11.6% | 28% | 6 |
| 27 | Farmers and Merchants Bank of South CarolinaHolly Hill, SC | FMB of S C Bancshares Inc | $413.6M | $350.8M | $61.5M | $4.2M | 1.80% | 13.76% | 42.7% | 37% | 8 |
| 28 | Southern BankSpartanburg, SC | Southern Financial Corp | $407.9M | $358.4M | $32.1M | $206.0K | 0.10% | 1.31% | – | 18% | 4 |
| 29 | Bank of YorkYork, SC | York Bancshares Inc | $317.7M | $274.2M | $39.7M | $2.7M | 1.73% | 14.02% | 34.1% | 23% | 4 |
| 30 | First National Bank of South CarolinaHolly Hill, SC | FNB Corporation | $309.7M | $271.6M | $35.1M | $1.8M | 1.19% | 10.64% | 24.8% | 17% | 8 |
| 31 | The Commercial BankHonea Path, SC | Commercial Bank Shares Inc | $284.2M | $251.4M | $23.3M | $1.1M | 0.77% | 9.47% | – | 18% | 8 |
| 32 | Blue Ridge BankWalhalla, SC | Blue Ridge Financial Corp | $199.4M | $181.8M | $17.1M | $525.0K | 0.54% | 6.25% | 14.6% | 9% | 6 |
| 33 | CBL State Savings BankGreer, SC | Citizens Building&loan MHC | $191.3M | $125.9M | $29.1M | $91.0K | 0.10% | 0.63% | – | 15% | 2 |
| 34 | Bank of GreeleyvilleGreeleyville, SC | Southeastern Bcorp Inc | $160.1M | $144.1M | $15.6M | $1.1M | 1.43% | 14.48% | – | 22% | 3 |
| 35 | Spratt Savings BankChester, SC | – | $154.4M | $123.0M | $31.0M | $136.0K | 0.18% | 0.88% | – | 21% | 3 |
| 36 | 1st Federal Savings Bank of SC, Inc.Walterboro, SC | First Carolina Bancshares M H C | $151.6M | $134.3M | $13.6M | $451.0K | 0.61% | 6.75% | 19.2% | 18% | 2 |
| 37 | Abbeville First Bank, SSBAbbeville, SC | – | $138.8M | $114.4M | $12.3M | $577.0K | 0.84% | 9.66% | – | 28% | 2 |
| 38 | Pickens Savings and Loan Association, FAPickens, SC | – | $138.3M | $117.2M | $13.2M | $478.0K | 0.70% | 7.43% | 21.4% | 11% | 2 |
| 39 | Woodruff Federal Savings and Loan AssociationWoodruff, SC | – | $104.2M | $69.0M | $33.7M | $166.0K | 0.33% | 0.99% | – | 9% | 1 |
| 40 | Dedicated Community BankDarlington, SC | Darlington Cnty Bancshares Inc | $100.6M | $91.1M | $8.9M | $454.0K | 0.89% | 10.33% | 12.7% | 18% | 2 |
| 41 | Home Federal Savings and Loan AssociationBamberg, SC | – | $40.5M | $33.9M | $5.7M | $76.0K | 0.38% | 2.67% | – | 11% | 1 |
| 42 | Kingstree Federal Savings and Loan AssociationKingstree, SC | Kingstree Bancshares M H C | $39.3M | $33.9M | $5.2M | −$117.0K | −0.61% | −4.45% | – | 11% | 1 |
| 43 | Pee Dee Federal Savings BankMarion, SC | – | $37.1M | $29.4M | $7.7M | $186.0K | 0.99% | 4.90% | 42.2% | 3% | 1 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in South Carolina
23 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| Apr 25, 2014 | Allendale County BankFairfax, SC | SC | $49.5M | $49.4M | $22.1M | Palmetto State Bank | Purchase and assumption |
| Jun 8, 2012 | Carolina Federal Savings BankCharleston, SC | SC | $54.4M | $53.1M | $17.6M | Bank of North Carolina | Purchase and assumption |
| Apr 27, 2012 | Plantation Federal BankPawleys Island, SC | SC | $433.5M | $415.9M | $83.2M | First Federal Bank | Purchase and assumption |
| Jul 29, 2011 | Bankmeridian, N.A.Columbia, SC | SC | $232.6M | $209.7M | $49.2M | Scbt National Association | Purchase and assumption |
| Jun 3, 2011 | Atlantic Bank and TrustCharleston, SC | SC | $208.2M | $191.6M | $31.2M | First Citizens Bank and Trust Company, Inc. | Purchase and assumption |
| Jan 21, 2011 | Communitysouth Bank and TrustEasley, SC | SC | $341.0M | $314.2M | $45.2M | Certus Bank, National Association | Purchase and assumption |
| Jul 23, 2010 | Williamsburg First National BankKingstree, SC | SC | $130.4M | $127.0M | $2.4M | First Citizens Bank and Trust Company, Inc. | Purchase and assumption |
| Jul 16, 2010 | First National Bank of the SouthSpartanburg, SC | SC | $619.4M | $550.9M | $68.3M | Nafh National Bank | Purchase and assumption |
| Jul 16, 2010 | Woodlands BankBluffton, SC | SC | $382.8M | $364.8M | $107.3M | Bank of the Ozarks | Purchase and assumption |
| Apr 9, 2010 | Beach First National BankMyrtle Beach, SC | SC | $590.0M | $521.1M | $164.6M | Bank of North Carolina | Purchase and assumption |
| Mar 26, 1999 | Victory State BankColumbia, SC | SC | $13.2M | $12.9M | $0 | South Carolina Community Ba | Purchase and assumption |
| Aug 7, 1992 | Citadel FS & LaCharleston, SC | SC | $39.0M | $37.6M | $8.8M | Carolina First Bank | Purchase and assumption |
| Jun 5, 1992 | Cooper River, FsaNorth Charleston, SC | SC | $228.9M | $201.4M | $10.7M | First Citizens B&tc of SC | Purchase and assumption |
| Apr 24, 1992 | First South SBColumbia, SC | SC | $57.0M | $48.5M | $7.5M | Southtrust Bank of Charlest | Purchase and assumption |
| Aug 30, 1991 | Hilton Head Bank & Trust CompanyHilton Head Island, SC | SC | $64.6M | $63.0M | $20.9M | The Anchor Bank | Purchase and assumption |
| Aug 2, 1991 | Standard FS & LaColumbia, SC | SC | $319.7M | $280.7M | $2.7M | NB of South Carolina | Purchase and assumption |
| Nov 30, 1989 | Security Federal Savings, FSBColumbia, SC | SC | $759.2M | $667.3M | $66.8M | South Carolina NB | Purchase and assumption |
| Apr 27, 1989 | Seabank Fed. Savings BankMyrtle Beach, SC | SC | $35.4M | $33.6M | $5.3M | First Citizens B&tc of SC | Purchase and assumption |
| Oct 23, 1986 | First State S&LASpartansburg, SC | SC | $78.8M | $77.9M | $64.4K | Poughkeepsie SB FSB | Open-bank assistanceAssistance |
| Oct 14, 1983 | First Carolina FS&LAColumbia, SC | SC | $98.3M | $96.5M | – | Omni Savings Bank, FSB | Open-bank assistanceAssistance |
| Sep 20, 1974 | American Bank & TrustOrangeburg, SC | SC | $147.1M | $112.7M | – | – | Purchase and assumption |
| Nov 29, 1947 | Peoples Bank of DonaldsDonalds, SC | SC | $762.0K | $713.0K | – | – | Purchase and assumption |
| Mar 9, 1935 | Palmetto State BankLake City, SC | SC | $149.0K | $136.0K | – | – | Payout |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in South Carolina
45 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | FoundersLancaster, SC | Federal | $5.2B | 294,048 | $4.2B | $4.4B | 13.62% | $37.1M |
| 2 | South CarolinaNorth Charleston, SC | Federal | $2.6B | 157,780 | $2.0B | $2.1B | 13.34% | $12.6M |
| 3 | SRPNorth Augusta, SC | Federal | $2.1B | 203,074 | $1.5B | $1.8B | 13.79% | $14.0M |
| 4 | SafeSumter, SC | Federal | $2.0B | 140,414 | $1.4B | $1.7B | 10.97% | $12.5M |
| 5 | AllsouthColumbia, SC | Federal | $1.5B | 119,585 | $799.9M | $1.2B | 19.60% | $13.1M |
| 6 | Palmetto CitizensColumbia, SC | Federal | $1.5B | 87,082 | $829.8M | $1.2B | 13.48% | $11.1M |
| 7 | S. C. StateColumbia, SC | Federal | $1.5B | 94,160 | $864.0M | $1.2B | 15.57% | $15.1M |
| 8 | SharonviewIndian Land, SC | Federal | $1.3B | 81,582 | $944.9M | $1.2B | 7.63% | −$1.5M |
| 9 | RevSummerville, SC | Federal | $1.2B | 66,744 | $1.0B | $968.4M | 13.75% | $2.7M |
| 10 | Family TrustRock Hill, SC | Federal | $805.4M | 60,145 | $639.2M | $675.5M | 11.85% | $4.2M |
| 11 | CPMNorth Charleston, SC | Federal | $759.3M | 67,624 | $506.1M | $688.0M | 8.90% | $448.4K |
| 12 | Spero FinancialGreenville, SC | Federal | $701.5M | 45,560 | $586.9M | $623.1M | 8.30% | $408.8K |
| 13 | GreenvilleGreenville, SC | Federal | $512.3M | 35,628 | $361.7M | $443.8M | 11.03% | $2.4M |
| 14 | Carolina TrustMyrtle Beach, SC | Federal | $422.0M | 41,114 | $327.6M | $375.9M | 9.85% | $1.9M |
| 15 | MTCGreenville, SC | Federal | $302.6M | 16,069 | $199.5M | $259.3M | 12.73% | $197.0K |
| 16 | SPCHartsville, SC | State | $265.8M | 25,511 | $158.7M | $234.3M | 11.42% | $860.5K |
| 17 | Carolina FoothillsSpartanburg, SC | Federal | $224.3M | 19,427 | $159.1M | $188.8M | 12.03% | $1.6M |
| 18 | Georgetown KraftGeorgetown, SC | State | $191.9M | 18,425 | $109.6M | $155.4M | 18.67% | $1.5M |
| 19 | Mid CarolinaLugoff, SC | State | $181.8M | 13,968 | $109.2M | $160.6M | 12.69% | $804.5K |
| 20 | Greenville HeritageGreenville, SC | Federal | $181.2M | 11,448 | $92.5M | $157.1M | 12.53% | $708.0K |
| 21 | CaroColumbia, SC | Federal | $174.9M | 10,586 | $109.9M | $149.7M | 15.41% | $277.8K |
| 22 | UpstateAnderson, SC | Federal | $148.5M | 17,889 | $98.0M | $133.8M | 9.43% | $59.7K |
| 23 | South Carolina National GuardColumbia, SC | Federal | $98.3M | 5,544 | $33.5M | $73.7M | 26.61% | $1.1M |
| 24 | Santee Cooper Credit UnionMoncks Corner, SC | State | $95.9M | 7,218 | $64.9M | $80.4M | 15.01% | $612.6K |
| 25 | Curis FinancialColumbia, SC | State | $84.3M | 9,129 | $42.3M | $64.4M | 23.49% | $197.9K |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".