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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 |
|---|---|---|
| Jul 1, 2004 | Spartanburg Educators Federal Credit Union | Founders Federal Credit Union |
| Apr 16, 2004 | FNB Bancshares, Inc. | American Community Bancshares, Inc. |
| Mar 5, 2004 | Abbeville Capital Corporation | Community Capital Corporation |
| Mar 5, 2004 | The Bank of Abbeville | CapitalBank |
| Feb 1, 2004 | Esab Federal Credit Union | Spero Financial Federal Credit Union |
| Feb 1, 2004 | Republic Federal Credit Union | Arrowpointe Federal Credit Union |
| Nov 7, 2003 | Atlantic Savings Bank, F.S.B. | Wachovia Bank, N.A. |
| Oct 17, 2003 | Pinnacle State Bank | Arthur State Bank |
| Oct 1, 2003 | Basf Employee Federal Credit Union | S.C. State Federal Credit Union |
| Sep 26, 2003 | Carolina State Bank | Arthur State Bank |
| Sep 10, 2003 | Woodruff State Bancshares, Inc. | Arthur Financial Corporation |
| Sep 10, 2003 | Arthur State Bancshares, Inc. | Arthur Financial Corporation |
| Sep 10, 2003 | Chesnee State Bancshares, Inc. | Arthur Financial Corporation |
| Jul 12, 2003 | South Carolina Bank and Trust of the Pee Dee, National Association | South State Bank |
| Jun 2, 2003 | Lighthouse Community Bank | Suntrust Bank |
| Jun 1, 2003 | N-P Employees Credit Union | Spero Financial Federal Credit Union |
| May 17, 2003 | Carolina Community Bank, National Association | First Bank |
| Feb 1, 2003 | Bi-Lo Employees Credit Association Federal Credit Union | Market USA Federal Credit Union |
| Jan 15, 2003 | Carolina Community Bancshares, Inc. | First Bancorp |
| Jan 1, 2003 | TCB Corporation | TCB Corporation |
| Nov 1, 2002 | Rock Hill Bank & Trust | Carolina First Bank |
| Aug 31, 2002 | Peoples Federal Savings and Loan Association | First Federal Bank |
| Jul 1, 2002 | Ridgeway Bancshares, Inc. | Community Bankshares, Inc. |
| Mar 29, 2002 | Clark-Schwebel Federal Credit Union | Anderson Federal Credit Union |
| Nov 18, 2001 | SouthBank | Central Carolina Bank and Trust Company |
| Nov 9, 2001 | The Southeastern Trust Company | Branch Banking and Trust Company of South Carolina |
| Oct 12, 2001 | South Carolina Farm Bureau Federal Credit Union | Allsouth Federal Credit Union |
| Sep 17, 2001 | First Federal Bank | Branch Banking and Trust Company of South Carolina |
| Jun 30, 2001 | Heritage Federal Bank | SouthBank |
| Jun 1, 2001 | Darlington County Teachers Federal Credit Union | S.C. State Federal Credit Union |
| Mar 1, 2001 | Roper Employees Federal Credit Union | Carolina Federal Savings Bank |
| Feb 17, 2001 | Carolina Southern Bank | The National Bank of South Carolina |
| Jan 1, 2001 | Community Bank & Trust | CapitalBank |
| Jan 1, 2001 | Capital Trust Services Company | CapitalBank |
| Jan 1, 2001 | Mid State Bank | CapitalBank |
| Jan 1, 2001 | Community Financial Services, Inc. | CapitalBank |
| Jan 1, 2001 | TheBank | CapitalBank |
| Jan 1, 2001 | Clemson Bank & Trust | CapitalBank |
| Dec 30, 2000 | Congaree Investor Services, Inc. | First Citizens Bank and Trust Company, Inc. |
| Dec 30, 2000 | Carolina First Bank, a Federal Savings Bank | Carolina First Bank |
| Dec 30, 2000 | Poinsett Service Corporation | Carolina First Bank |
| Jul 8, 2000 | The Anchor Bank | Carolina First Bank |
| Jun 17, 2000 | American Federal Bank, FSB | Central Carolina Bank and Trust Company |
| Jun 16, 2000 | Anderson State Bank, Inc. | Anderson Brothers Bank |
| Jun 6, 2000 | Anchor Financial Corporation | The South Financial Group, Inc. |
| May 6, 2000 | Anderson Brothers Bancshares, Inc. | Anderson Bancshares, Inc. |
| Nov 13, 1999 | Community Federal Savings Bank | Provident Community Bank, National Association |
| Oct 9, 1999 | M. S. Bailey & Son, Bankers | The Anchor Bank |
| Oct 9, 1999 | The Saluda County Bank | The Anchor Bank |
| Sep 1, 1999 | Spec Federal Credit Union | Upstate Federal Credit Union |