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 |
|---|---|---|
| Jul 31, 1983 | The Bank of Beaufort | First National Bank of South Carolina |
| Jul 1, 1983 | Lexco Federal Credit Union | Safe Federal Credit Union |
| Jun 9, 1983 | Bank of Fort Mill | NationsBank of South Carolina, National Association |
| Apr 4, 1983 | Coastal Federal Credit Union | Rev Federal Credit Union |
| Apr 1, 1983 | Greater Charleston Employees Federal Credit Union | South Carolina Federal Credit Union |
| Feb 5, 1983 | Keowee Federal Savings and Loan Association | American Federal Bank, FSB |
| Jan 1, 1983 | Central Carolina Bank | First National Bank of South Carolina |
| Jan 1, 1983 | The Bank of Lancaster | First National Bank of South Carolina |
| Dec 31, 1982 | Carolina National Bank | NationsBank of South Carolina, National Association |
| Dec 13, 1982 | Lake City Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Dec 13, 1982 | First Federal Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Nov 22, 1982 | Carolina Federal Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Oct 18, 1982 | First Federal Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Oct 18, 1982 | Marlboro Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Oct 2, 1982 | The Peoples National Bank of Chester | First National Bank of South Carolina |
| Sep 16, 1982 | Guaranty Bank and Trust Company | First Union National Bank of South Carolina |
| Sep 1, 1982 | Home Federal Savings and Loan Association | South Carolina Federal Savings Bank |
| Sep 1, 1982 | Chester Savings and Loan Association | The First Savings Bank, FSB |
| Aug 23, 1982 | Anderson Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Aug 1, 1982 | First Federal Savings and Loan Association of Beaufort | Palmetto Federal Savings Bank of South Carolina |
| Aug 1, 1982 | Standard Savings and Loan Association | The First Savings Bank, FSB |
| Jul 1, 1982 | Home Savings and Loan Association | American Federal Bank, FSB |
| Jul 1, 1982 | State Savings and Loan Association | The First Savings Bank, FSB |
| Jul 1, 1982 | First Federal Savings and Loan Association | The First Savings Bank, FSB |
| Jul 1, 1982 | Peoples Federal Savings and Loan Association | Peoples Federal Savings and Loan Association |
| Jul 1, 1982 | United Federal Savings and Loan Association | American Federal Bank, FSB |
| Jul 1, 1982 | First Federal Savings and Loan Association | South Carolina Federal Savings Bank |
| Jun 1, 1982 | Greer Federal Savings and Loan Association | The First Savings Bank, FSB |
| Jun 1, 1982 | Family Federal Savings and Loan Association | American Federal Bank, FSB |
| Jun 1, 1982 | Bell Federal Savings and Loan Association | American Federal Bank, FSB |
| Jun 1, 1982 | First Carolina Bank | Wachovia Bank of South Carolina, National Association |
| May 17, 1982 | The Federal Savings and Loan Association of Dillon | Security Federal Savings, Federal Savings Bank |
| May 1, 1982 | Bank of Chesterfield | First Citizens Bank and Trust Company, Inc. |
| May 1, 1982 | First Federal Savings and Loan Association | The First Savings Bank, FSB |
| May 1, 1982 | Lexington County Savings and Loan Association | The First Savings Bank, FSB |
| Apr 15, 1982 | Palmetto Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Apr 1, 1982 | Piedmont Federal Savings and Loan of Spartanburg | The First Savings Bank, FSB |
| Mar 22, 1982 | Bank of Williston | NationsBank of South Carolina, National Association |
| Mar 21, 1982 | Fidelity Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Jan 1, 1982 | Cone Mills of Greenville Federal Credit Union | Premier Federal Credit Union |
| Nov 1, 1981 | Home Federal Savings and Loan of Bishopville | Security Federal Savings, Federal Savings Bank |
| Oct 26, 1981 | Security Savings and Loan Association | Security Federal Savings, Federal Savings Bank |
| Oct 1, 1981 | Fort Hill Federal Savings and Loan Association | The First Savings Bank, FSB |
| May 29, 1981 | First Carolina National Bank | First National Bank of South Carolina |
| May 1, 1981 | Spartanburg Bank and Trust Company | NCNB National Bank of South Carolina |
| Dec 8, 1980 | Colonial State Bank | NationsBank of South Carolina, National Association |
| Nov 28, 1980 | Patriot Federal Savings and Loan Association | First Palmetto Bank |
| Oct 1, 1980 | North Charleston Savings & Loan Association | Security Federal Savings, Federal Savings Bank |
| Jan 9, 1980 | The Bank of Trenton | First Citizens Bank and Trust Company, Inc. |
| Sep 15, 1979 | Bank of North Charleston | The National Bank of South Carolina |