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 |
|---|---|---|
| Jan 10, 1989 | Limestone Employees Federal Credit Union | Founders Federal Credit Union |
| Jan 1, 1989 | Sobanco Properties Inc | First Union National Bank of South Carolina |
| Dec 15, 1988 | Landrum Mills Federal Credit Union | Southern Select Community Cu |
| Nov 2, 1988 | LBC&W Employees Federal Credit Union | Carolina Foothills Federal Credit Union |
| Nov 1, 1988 | GCC Employees Credit Union | South Carolina Federal Credit Union |
| Oct 18, 1988 | Lake City State Bank | The National Bank of South Carolina |
| Oct 18, 1988 | Lake City Bancshares Inc | The National Bank of South Carolina |
| Oct 2, 1988 | Texize Employees Federal Credit Union | CPM Federal Credit Union |
| Oct 1, 1988 | First Federal Savings Bank | South Carolina Federal Savings Bank |
| Aug 2, 1988 | State Record Employees Credit Union | Palmetto Citizens Federal Credit Union |
| Jul 5, 1988 | Bank of Hodges | The Palmetto Bank |
| Jul 1, 1988 | Harley Employees Federal Credit Union | Georgia Heritage Federal Credit Union |
| Jan 1, 1988 | Columbia Bancorp, Inc. | Resource Bancshares Corporation |
| Nov 13, 1987 | Carolina Coca-Cola Employees Federal Credit Union | Safe Federal Credit Union |
| Oct 3, 1987 | Waccamaw State Bank, Inc. | The Anchor Bank |
| Jul 2, 1987 | Hoechst Employees Credit Association Federal Credit Union | Sharonview Federal Credit Union |
| Jul 1, 1987 | Liberty National Bank | Southern National Bank of South Carolina |
| Jun 1, 1987 | Florence Area Federal Credit Union | Safe Federal Credit Union |
| May 22, 1987 | The Bank of Hartsville | NCNB National Bank of South Carolina |
| May 2, 1987 | Bank of Fairfield | Wachovia Bank of South Carolina, National Association |
| Dec 31, 1986 | First Palmetto Bancshares Corp. | Truist Financial Corporation |
| Dec 31, 1986 | First Palmetto State Bank and Trust Company | Southern National Bank of South Carolina |
| Dec 31, 1986 | Capital Bank and Trust | Southern National Bank of South Carolina |
| Dec 30, 1986 | The Peoples Bank | First Citizens Bank and Trust Company, Inc. |
| Dec 30, 1986 | The Peoples Corporation Inc of Bishopville | First Citizens Bancorporation, Inc. |
| Dec 8, 1986 | CPD Greenville Federal Credit Union | Spero Financial Federal Credit Union |
| Dec 1, 1986 | Andrews Bank & Trust Company | NationsBank of South Carolina, National Association |
| Nov 1, 1986 | Farmers & Merchants Bank | NationsBank of South Carolina, National Association |
| Oct 24, 1986 | First State Savings and Loan Association, F.A. | Bank of the Hudson |
| Sep 23, 1986 | Srce Federal Credit Union | Allsouth Federal Credit Union |
| Jul 1, 1986 | The First National Bank of Sharon | First Citizens Bank and Trust Company, Inc. |
| Jan 31, 1986 | Pettibelle Federal Credit Union | Safe Federal Credit Union |
| Sep 16, 1985 | Bank of Summerton | The National Bank of South Carolina |
| Jul 1, 1985 | Abney Mills Greenville Federal Credit Union | South Carolina Federal Credit Union |
| Jun 26, 1985 | Am Federal Credit Union | Latitude 32 Federal Credit Union |
| Jun 19, 1985 | Aviation Federal Credit Union | South Carolina Federal Credit Union |
| May 8, 1985 | Clover Atco Federal Credit Union | Family Trust Federal Credit Union |
| Apr 26, 1985 | Perfection American Federal Credit Union | Hamlet Federal Credit Union |
| Mar 6, 1985 | Republic Bancorp of S.C., Inc. | Columbia Bancorp, Inc. |
| Dec 1, 1984 | First National Bank of South Carolina | Wachovia Bank of South Carolina, National Association |
| Dec 1, 1984 | First Bankshares Corporation of South Carolina | South Carolina National Corporation |
| Nov 29, 1984 | Charleston City Employees Credit Union | South Carolina Federal Credit Union |
| Oct 22, 1984 | Mutual Savings and Loan Association | United Savings Bank, FSB |
| Jul 19, 1984 | Turbine Employees Federal Credit Union | Rev Federal Credit Union |
| Feb 7, 1984 | Gfa Employees Federal Credit Union | South Carolina Federal Credit Union |
| Jan 6, 1984 | Richland County Employees Credit Union | Allsouth Federal Credit Union |
| Oct 4, 1983 | Grove-Conway Employees Federal Credit Union | Carolina Trust Federal Credit Union |
| Oct 1, 1983 | Bank of Gaffney | Wachovia Bank of South Carolina, National Association |
| Aug 27, 1983 | The Farmers & Merchants Bank | NationsBank of South Carolina, National Association |
| Aug 1, 1983 | The Central Credit Union | South Carolina Federal Credit Union |