Palmetto State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.palmettostatebank.com

803-943-2671

601 First Street, West
Hampton, SC 29924

Palmetto State Bank is headquartered in HAMPTON and is the 21^st largest bank in the state of South Carolina. It is also the 1,500^th largest bank in the nation. It was established in 1907 and as of March of 2025, it had grown to 86 employees at 8 locations. Palmetto State Bank has an A+ health rating.

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Health

A+

Data as of Q1 2025

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Health Grade Components

Overall
FDIC Certificate #	17563
Year Established	1907
Employees	86
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.63%
Return on Equity - YTD	5.16%
Annual Interest Income	$5.8MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$634.1MM$616.5MM
Loans	Q1 2025vs Q1 2024	$202.1MM$200.3MM
Deposits	Q1 2025vs Q1 2024	$526.8MM$517MM
Equity Capital	Q1 2025vs Q1 2024	$77.7MM$72.7MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$3.9MM$4.1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$469K$590K
Real Estate Owned	Q1 2025vs Q1 2024	$31K$0

TODAY'S FEATURED RATES

Member FDIC

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: +0.20% boost to 4.00% for up to 6 months on new accounts with eligible direct deposit. Terms apply.

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Sorry, we do not have rate data for Palmetto State Bank.

Locations

Palmetto State Bank Locations
Estill Branch	106 East 3rd Street	Estill, SC 29918
Lady's Island Branch	145 Lady's Island Drive	Lady's Island, SC 29902
Allendale Branch	230 Main Street N	Allendale, SC 29810
Palmetto State Bank	601 1st St W	Hampton, SC 29924
Bluffton Branch	194 Bluffton Road	Bluffton, SC 29910
Fairfax Branch	Seventh Street and Charleston Avenue	Fairfax, SC 29827
Burton Branch	2347 Boundary Street	Beaufort, SC 29902
Drive-In Branch	Bay Street	Allendale, SC 29810

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