State Hub
Bank Events in South Carolina
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in South Carolina (SC).
Failures in South Carolina
| Date | Bank | Assets |
|---|---|---|
| Apr 25, 2014 | Allendale County Bank | $49.5M |
| Jun 8, 2012 | Carolina Federal Savings Bank | $54.4M |
| Apr 27, 2012 | Plantation Federal Bank | $433.5M |
| Jul 29, 2011 | Bankmeridian, N.A. | $232.6M |
| Jun 3, 2011 | Atlantic Bank and Trust | $208.2M |
| Jan 21, 2011 | Communitysouth Bank and Trust | $341.0M |
| Jul 23, 2010 | Williamsburg First National Bank | $130.4M |
| Jul 16, 2010 | First National Bank of the South | $619.4M |
| Jul 16, 2010 | Woodlands Bank | $382.8M |
| Apr 9, 2010 | Beach First National Bank | $590.0M |
| Mar 26, 1999 | Victory State Bank | $13.2M |
| Aug 7, 1992 | Citadel FS & La | $39.0M |
| Jun 5, 1992 | Cooper River, FSA | $228.9M |
| Apr 24, 1992 | First South SB | $57.0M |
| Aug 30, 1991 | Hilton Head Bank & Trust Company | $64.6M |
| Aug 2, 1991 | Standard FS & La | $319.7M |
| Nov 30, 1989 | Security Federal Savings, FSB | $759.2M |
| Apr 27, 1989 | Seabank Fed. Savings Bank | $35.4M |
| Sep 20, 1974 | American Bank & Trust | $147.1M |
| Nov 29, 1947 | Peoples Bank of Donalds | $762K |
| Mar 9, 1935 | Palmetto State Bank | $149K |
Mergers & Acquisitions involving South Carolina banks
| Date | Acquired (SC) | Acquirer |
|---|---|---|
| Jun 1, 2010 | The National Bank of South Carolina | Synovus Bank |
| Dec 1, 2009 | Avx-MB Federal Credit Union | Carolina Trust Federal Credit Union |
| Oct 1, 2009 | Anderson SC County Educators Federal Credit Union | S.C. State Federal Credit Union |
| Oct 1, 2009 | Harbourside Community Bank, National Association | The Savannah Bank, National Association |
| Aug 28, 2009 | SC Firefighters Federal Credit Union | CPM Federal Credit Union |
| Jan 1, 2009 | Re Holdings, Inc | Carolina First Bank |
| Dec 6, 2008 | South Carolina Bank and Trust of the Piedmont, National Association | South State Bank |
| Nov 1, 2008 | Community Resource Bank, National Association | First Citizens Bank and Trust Company, Inc. |
| Nov 1, 2008 | Community Bankshares, Inc. | First Citizens Bank and Trust Company, Inc. |
| Oct 1, 2008 | First Savers Bank | Plantation Federal Bank |
| May 17, 2008 | Sentry Bank & Trust | First Bank |
| May 1, 2008 | Winthrop Credit Union | Founders Federal Credit Union |
| Feb 19, 2008 | Carolina National Bank and Trust Company | First National Bank of the South |
| Feb 1, 2008 | Carolina National Corporation | First National Bancshares, Inc. |
| Jan 2, 2008 | Oxford Employees Credit Union | Carolina Foothills Federal Credit Union |
| Dec 1, 2007 | Torrco Employees Federal Credit Union | Founders Federal Credit Union |
| Oct 15, 2007 | The Mortgage Banc, Inc. | South State Bank |
| Oct 1, 2007 | Greer Financial Services Corporation | Greer State Bank |
| Sep 1, 2007 | Bank of Jefferson | Cooperative Bank |
| Aug 18, 2007 | Coastal Federal Bank | Truist Bank |
| Jun 9, 2007 | Pamplico Bank and Trust Company | The Citizens Bank |
| Jun 9, 2007 | Johnsonville State Bank | The Citizens Bank |
| Apr 1, 2007 | McEntire Federal Credit Union | South Carolina National Guard Federal Credit Union |
| Feb 17, 2007 | Carolina Commercial Bank | Palmetto State Bank |
| Feb 17, 2007 | The Exchange Bank | Palmetto State Bank |
| Feb 17, 2007 | The Exchange Bankshares, Inc. | Palmetto State Bankshares, Inc. |
| Jan 1, 2007 | Branch Banking and Trust Company of South Carolina | Truist Bank |
| Dec 30, 2006 | Islands Bancorp | Ameris Bancorp |
| Dec 30, 2006 | Islands Community Bank, N. A. | Ameris Bank |
| Oct 1, 2006 | Sumter National Bank | Community Resource Bank, National Association |
| Oct 1, 2006 | Bank of Ridgeway | Community Resource Bank, National Association |
| Oct 1, 2006 | Florence National Bank | Community Resource Bank, National Association |
| Jul 1, 2006 | Liberty Federal Credit Union | Spero Financial Federal Credit Union |
| Jul 1, 2006 | Scesc Federal Credit Union | Palmetto Citizens Federal Credit Union |
| Jun 10, 2006 | Dekalb Bankshares, Inc. | First Community Corporation |
| Jun 10, 2006 | The Bank of Camden | First Community Bank |
| Apr 29, 2006 | The Bank of Heath Springs | Waccamaw Bank |
| Mar 25, 2006 | Sunbank, N.A. | South State Bank |
| Nov 19, 2005 | Sun Bancshares, Inc. | SouthState Bank Corporation |
| Jul 1, 2005 | Summit Financial Corporation | First Citizens Bank and Trust Company, Inc. |
| Jul 1, 2005 | Summit National Bank | First Citizens Bank and Trust Company, Inc. |
| May 1, 2005 | People's Community Capital Corporation | First Citizens Bank and Trust Company, Inc. |
| May 1, 2005 | People's Community Bank of South Carolina | First Citizens Bank and Trust Company, Inc. |
| Apr 9, 2005 | New Commerce Bank, National Association | South State Bank |
| Apr 9, 2005 | New Commerce Bancorp | South State Bank |
| Apr 1, 2005 | First National Bank of the Carolinas | American Community Bank |
| Dec 31, 2004 | Nantahala, Inc. | First-Citizens Bank & Trust Company |
| Dec 31, 2004 | Pisgah, Inc. | First-Citizens Bank & Trust Company |
| Oct 2, 2004 | Newberry Federal Savings Bank | First Community Bank |
| Oct 2, 2004 | Dutchfork Bancshares, Inc. | First Community Corporation |