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 |
|---|---|---|
| Apr 15, 1995 | Aiken County National Bank | Carolina First Bank |
| Mar 1, 1995 | NBSC Corporation | Synovus Financial Corp. |
| Feb 4, 1995 | Carolina First Savings Bank, F.S.B. | Carolina First Bank |
| Jan 3, 1995 | NationsBank of South Carolina, National Association | Bank of America, N.A. |
| Dec 1, 1994 | Rock Hill National Bank | NationsBank of South Carolina, National Association |
| Nov 9, 1994 | RHNB Corporation | NB Holdings Corporation |
| Oct 15, 1994 | The Davis National Bank of Mullins | First National South |
| Jul 1, 1994 | L S B Bancshares Inc of South Carolina | BB&T Financial Corporation of South Carolina |
| May 25, 1994 | SCHD District 3 Credit Union | S.C. State Federal Credit Union |
| May 13, 1994 | Greenville Soraco Federal Credit Union | Member One Federal Credit Union |
| Apr 30, 1994 | Republic National Bank | Carolina First Bank |
| Jan 29, 1994 | The First Savings Bank, FSB | Southern National Bank of South Carolina |
| Jan 1, 1994 | 1st Atlantic Bank | The Anchor Bank |
| Dec 17, 1993 | The Dorn Banking Company | The Lexington State Bank |
| Oct 1, 1993 | Western Carolina Federal Credit Union | Anderson Federal Credit Union |
| Sep 1, 1993 | Omni Savings Bank Federal Savings Bank | Bay Savings Bank FSB |
| Feb 20, 1993 | South Carolina Federal Savings Bank | First Union National Bank of South Carolina |
| Jan 1, 1993 | Santee Cooper State Bank | South State Bank |
| Jan 1, 1993 | H D District No 5 Credit Union | S.C. State Federal Credit Union |
| Dec 21, 1992 | First Trident Savings and Loan Corporation | The National Bank of South Carolina |
| Nov 16, 1992 | Bigelow Sandford Employees Federal Credit Union | Southern Select Community Cu |
| Oct 24, 1992 | Home Federal Savings Bank | SouthTrust Bank of South Carolina, National Association |
| Oct 1, 1992 | Independent Credit Association Federal Credit Union | CPM Federal Credit Union |
| Jun 19, 1992 | NationsBank Trust Company (South Carolina), National Association | NationsBank of South Carolina, National Association |
| Jun 19, 1992 | NCNB National Bank of South Carolina | NationsBank of South Carolina, National Association |
| Jun 19, 1992 | Hartsville Bancshares, Inc. | C&S/Sovran Corporation |
| Apr 6, 1992 | First Federal Savings and Loan Association | First Palmetto Bank |
| Jan 1, 1992 | Lyman Federal Credit Union | Founders Federal Credit Union |
| Dec 2, 1991 | Veterans Administration Medical Center Columbia Federal Credit Union | Allsouth Federal Credit Union |
| Nov 1, 1991 | Old Colony Trust Company of South Carolina, National Association | NCNB National Bank of South Carolina |
| Oct 1, 1991 | Pdea Federal Credit Union | S.C. State Federal Credit Union |
| Sep 6, 1991 | Benedict College Federal Credit Union | Allsouth Federal Credit Union |
| Jul 31, 1991 | Cambar Federal Credit Union | South Carolina Federal Credit Union |
| Jul 19, 1991 | Mobile Radio Employees Credit Union | Safe Federal Credit Union |
| Jul 1, 1991 | Wunda Weave Federal Credit Union | Spero Financial Federal Credit Union |
| Jun 5, 1991 | Star Paper Tube Federal Credit Union | Carolina Cooperative Federal Credit Union |
| Apr 1, 1991 | Pepsi Cola Employees Federal Credit Union | Allsouth Federal Credit Union |
| Jan 12, 1991 | Greenwood Community Federal Credit Union | Tru Federal Credit Union |
| Jan 1, 1991 | Swirl Employees Federal Credit Union | Greenville Federal Credit Union |
| Jan 1, 1991 | The Citizens and Southern Corporation | C&S/Sovran Corporation |
| Dec 2, 1990 | Citizens and Southern Housing Corporation | The Citizens and Southern Corporation |
| Dec 2, 1990 | Citizens and Southern Realty Corporation | The Citizens and Southern Corporation |
| Dec 2, 1990 | Citizens and Southern Financial Services, Incorporated | The Citizens and Southern Corporation |
| Nov 16, 1990 | Lowcountry Bancshares, Inc. | L S B Bancshares Inc of South Carolina |
| Nov 1, 1990 | First Federal Savings and Loan Association | First Palmetto Bank |
| Jun 2, 1990 | Anderson Community Federal Credit Union | Anderson Federal Credit Union |
| Mar 15, 1990 | K of C Council 704 Federal Credit Union | Carolina Federal Savings Bank |
| Dec 31, 1989 | SCN Mortgage Corporation | Wachovia Bank of South Carolina, National Association |
| Dec 31, 1989 | SCN Leasing Corporation | Wachovia Bank of South Carolina, National Association |
| Jan 23, 1989 | Employees Credit Association of Emb-Tex Federal Credit Union | South Carolina Federal Credit Union |