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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 |
|---|---|---|
| Aug 28, 1999 | FirstBank, National Association | South State Bank |
| Jul 31, 1999 | FirstBank of the Midlands, National Association | FirstBank, National Association |
| Jul 31, 1999 | Firstbancorporation, Inc. | SouthState Bank Corporation |
| Jul 1, 1999 | RL Bryan Employees Credit Union | S.C. State Federal Credit Union |
| May 1, 1999 | Hayne Federal Credit Union | Spartan Federal Credit Union |
| Apr 10, 1999 | Bailey Financial Corporation | Anchor Financial Corporation |
| Mar 26, 1999 | Greenville National Bank | Regions Bank |
| Jan 4, 1999 | Richland Memorial Hospital Federal Credit Union | Curis Financial Credit Union |
| Nov 21, 1998 | First National South | The Anchor Bank |
| Oct 19, 1998 | Colonial Bank of South Carolina, Inc. | Carolina First Bank |
| Oct 17, 1998 | Bank of Charleston, National Association | The Anchor Bank |
| Oct 17, 1998 | Bank of Columbia, National Association | The Anchor Bank |
| Sep 30, 1998 | First National Bank of Pickens County | Carolina First Bank |
| Sep 1, 1998 | Comsouth Bankshares, Inc. | Anchor Financial Corporation |
| Sep 1, 1998 | M & M Financial Corporation | Anchor Financial Corporation |
| Aug 1, 1998 | Pepto Makers Federal Credit Union | Greenville Federal Credit Union |
| Jul 24, 1998 | Palmetto Federal Savings Bank of South Carolina | Regions Bank |
| May 11, 1998 | Regions Bank, National Association | Regions Bank |
| May 11, 1998 | Regions Bank, National Association | Regions Bank |
| Mar 28, 1998 | Pee Dee Bankshares, Inc. | RBC Bancorporation (USA) |
| Mar 28, 1998 | Pee Dee State Bank | RBC Bank (USA) |
| Mar 14, 1998 | First United Bancorporation | Regions Financial Corporation |
| Mar 14, 1998 | The Community Bank of Greenville, National Association | Regions Bank, National Association |
| Feb 13, 1998 | Greenville Financial Corporation | Regions Financial Corporation |
| Nov 22, 1997 | First Federal Savings and Loan Association of Anderson | Carolina First Bank |
| Nov 22, 1997 | First Southeast Financial Corporation | The South Financial Group, Inc. |
| Nov 8, 1997 | Investors Savings Bank of South Carolina, Incorporated | Peoples Federal Savings and Loan Association |
| Sep 30, 1997 | Greer Homelite Employees Federal Credit Union | Empeople Credit Union |
| Sep 22, 1997 | United Carolina Bank of South Carolina | Branch Banking and Trust Company of South Carolina |
| Aug 1, 1997 | First Union National Bank of South Carolina | Wachovia Bank, N.A. |
| Aug 1, 1997 | First Union Corporation of South Carolina | Wachovia Corporation |
| Jul 19, 1997 | Lowcountry Savings Bank, Inc. | Carolina First Bank |
| Jun 3, 1997 | SouthTrust Bank of South Carolina, National Association | SouthTrust Bank |
| Jun 3, 1997 | Southtrust of South Carolina, Inc. | Wachovia of Alabama, Inc. |
| Jun 2, 1997 | Wachovia Bank of South Carolina, National Association | Wachovia Bank, National Association |
| Oct 1, 1996 | Alice Employees Credit Association Federal Credit Union | Anderson Federal Credit Union |
| Oct 1, 1996 | First Citizens Processing Services, Inc. | First-Citizens Bank & Trust Company |
| Jul 1, 1996 | Ryobi Anderson Federal Credit Union | Anderson Federal Credit Union |
| Jan 1, 1996 | Adco Federal Credit Union | Rev Federal Credit Union |
| Jan 1, 1996 | Employees of Greenville County Federal Credit Union | Greenville Heritage Federal Credit Union |
| Dec 1, 1995 | South Carolina National Corporation | Wachovia Corporation |
| Nov 11, 1995 | The Lexington State Bank | Branch Banking and Trust Company of South Carolina |
| Nov 11, 1995 | The Community Bank of South Carolina | Branch Banking and Trust Company of South Carolina |
| Oct 26, 1995 | First Citizens Mortgage Corporation of South Carolina | First Citizens Bank and Trust Company, Inc. |
| Oct 6, 1995 | United Savings Bank, FSB | First Union National Bank of South Carolina |
| Oct 6, 1995 | Home Federal Savings Bank of South Carolina | First Union National Bank of South Carolina |
| Sep 22, 1995 | Summerville National Bank | First Citizens Bank and Trust Company, Inc. |
| Sep 22, 1995 | SNB Financial Corporation | First Citizens Bancorporation, Inc. |
| Jun 30, 1995 | Midlands National Bank | Carolina First Bank |
| May 27, 1995 | Southern National Bank of South Carolina | Branch Banking and Trust Company of South Carolina |