The Bank of South Carolina

Overview / Commentary
256 Meeting Street
Charleston, SC 29401

The Bank of South Carolina is headquartered in Charleston and is the 19th largest bank in the state of South Carolina. It is also the 1,610th largest bank in the nation. It was established in 1987 and as of June of 2019, it had grown to 79 employees at 4 locations. The Bank of South Carolina has an A health rating.


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Health Grade Components

FDIC Certificate #26912
Year Established1987
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.68%
Return on Equity - YTD15.53%
Annual Interest Income$9.9MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$442.6MM$427.1MM
LoansQ2 2019vs Q2 2018$283.0MM$278.2MM
DepositsQ2 2019vs Q2 2018$384.9MM$383.3MM
Equity CapitalQ2 2019vs Q2 2018$49.0MM$42.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$4.1MM$4.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$586.00K$969.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$412.00K
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Always verify rates and promotions with the bank or credit union. We are not The Bank of South Carolina; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Bank of South Carolina Savings Account Rates

0.12%--Savings Account

The Bank of South Carolina Money Market Rates

0.10%*$10k*-Money Market Account
OTHER TIERS: 0.03% Up to $1k | 0.04% $1k - $10k

The Bank of South Carolina Checking Account Rates

0.10%*$10k*-NOW Account
OTHER TIERS: 0.03% Up to $2.5k | 0.04% $2.5k - $10k

The Bank of South Carolina CD Rates

0.95%$1k-5 Year CD
0.30%$1k-9 Month CD
0.30%$1k-1 Year CD
0.25%$1k-6 Month CD
0.20%$1k-3 Month CD
0.15%$1k-1 Month CD

The Bank of South Carolina IRA Rates

0.75%$100-18 Month Fixed IRA
0.60%$100-12 Month IRA

The Bank of South Carolina Locations
Summerville Branch100 North Main StreetSummerville, SC 29483
Mt Pleasant Branch1337 Chuck Dawley BoulevardMount Pleasant, SC 29464
West Ashey Office Branch2027 Sam Rittenberg BoulevardCharleston, SC 29407
The Bank Of South Carolina256 Meeting StreetCharleston, SC 29401
North Charleston Branch9403 Highway 78Ladson, SC 29456

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