CresCom Bank

Overview / Commentary
288 Meeting Street
Charleston, SC 29401

CresCom Bank is headquartered in Charleston and is the 2nd largest bank in the state of South Carolina. It is also the 242nd largest bank in the nation. It was established in 2001 and as of December of 2019, it had grown to 848 employees at 74 locations. CresCom Bank has an A+ health rating.

Reviews (2)

CresCom Does The Job

Posted by: |

CresCom is the new name of our bank which was previously Wachovia, Waccamaw, and Community Bank. It is irritating that the name keeps changing, necessitating the ordering of new checks and changing direct deposit information in numerous places that pay me direct. However, the new management has retained their local staff who are friendly, personable, and caring. The staff have made the many transitions of ownership less painful for the customer. This is a small town bank, and when we walk in to CresCom it's like being at home. They offer the standard services I have experienced in other banks in other parts of the country, including a user-friendly website. This is the only bank in our small town, currently, although there are other choices in the larger town close by. I am glad to have a bank that is conveniently located and where everybody knows your name!

Fees Fees Fees

Posted by: |

What started off being a Great hometown bank when it was cresent has become nothing but a nightmare. Toady good local banks here in Myrtle Beach so no need in doing business with rude customer service people! Thank god for credit unions


Health Grade Components

FDIC Certificate #57135
Year Established2001
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.61%
Return on Equity - YTD9.92%
Annual Interest Income$177.7MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$4.71B$3.79B
LoansQ4 2019vs Q4 2018$3.24B$2.53B
DepositsQ4 2019vs Q4 2018$3.43B$2.74B
Equity CapitalQ4 2019vs Q4 2018$789.5MM$597.9MM
Loan Loss AllowanceQ4 2019vs Q4 2018$16.5MM$14.5MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$27.2MM$12.3MM
Real Estate OwnedQ4 2019vs Q4 2018$2.3MM$1.5MM

Sorry, we do not have rate data for CresCom Bank.



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.