Dedicated to Deposits: Deals, Data, and Discussion

2.25% 14-Month CD & 1.85% 8-Month CD at National Bank of South Carolina - Local Only


National Bank of South Carolina is advertising two competitive CD specials: a 1.85% APY 8-month CD and a 2.25% APY 14-month CD. Minimum deposit is $1,000, and new money is required. It's available for both consumer and business accounts. These specials don't appear to be listed at the bank's website. They were advertised in The Island Packet newspaper on 11/30/09. The ad is available online here.

My last post on this bank was in September when they were offering a 2.10% 10-month CD.

It appears that a branch visit is required to open an account. Branches are located throughout South Carolina including the cities of Anderson, Hilton Head Island, Charleston, Florence, Greenville, Myrtle Beach, Columbia and Sumter. Please note that the ad was in the paper that covers the Hilton Head Island area. If you live in another area of South Carolina, make sure you call the bank and verify that this special applies for the branches near you.

The bank's ratings for safety and soundness continue to be a little weak: 2 stars (problematic) at BauerFinancial and 1 star (lowest) at Both are based on 6/30/09 financial data. The bank has been a FDIC member since 1934 (FDIC Certificate # 2111).

Thanks to the reader Tuphat who mentioned this special CD in the Bank Deals Hub post.

Other Competitive Certificate of Deposit Rates

  Tags: South Carolina, CD rates

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