HEADQUARTERED IN SOUTH CAROLINA
South Carolina banks and credit unions
89 institutions headquartered in South Carolina. Totals describe institutions by headquarters, not deposits held at branches in the state.
South Carolina banks
- 44 banks headquartered in South Carolina reported $65.7 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined deposits were $55.5 billion, up 2.8% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 3.75%, and the median cost of all deposits was 1.62%.
- Institutions
- 44
- Combined total assets
- $65.7 billion
- Combined deposits
- $55.5 billion
- Deposit growth, 12 months
- +2.8%
- Loan growth, 12 months
- +7.4%
- Median net interest margin
- 3.75%
- Median return on assets
- 1.12%
- Median cost of deposits
- 1.62%
What stands out
- Bank of the LowcountryBorrowed funding rising while the peer median holds steady
- Optus BankProblem loans falling while the peer median holds steady
- Enterprise Bank of South CarolinaReturn on assets rising faster than peers
- Farmers and Merchants Bank of South CarolinaDeposit costs among the lowest of similar banks
- Palmetto State BankUnrealized securities position improving faster than peers
- Arthur State BankDeposit costs among the lowest of similar banks
- First Reliance BankNoninterest-bearing deposit share rising while the peer median falls
- First Palmetto BankUnrealized securities position worsening while the peer median improves
Largest banks
| Institution | City | Total assets | Deposit growth | ROA |
|---|---|---|---|---|
| United Community Bank | Greenville | $29.0 billion | -1.3% | 1.63% |
| Southern First Bank | Greenville | $4.7 billion | +9.5% | 1.00% |
| Coastal States Bank | Hilton Head Isla | $2.4 billion | +4.3% | 1.25% |
| First Community Bank | Lexington | $2.4 billion | +15.5% | 1.38% |
| Anderson Brothers Bank | Mullins | $2.4 billion | +7.4% | 1.56% |
| The Conway National Bank | Conway | $2.0 billion | +3.5% | 1.45% |
| South Atlantic Bank | Myrtle Beach | $2.0 billion | +3.7% | 1.09% |
| Bank of Travelers Rest | Travelers Rest | $1.6 billion | +3.9% | 1.29% |
| Security Federal Bank | Aiken | $1.5 billion | -1.7% | 0.94% |
| Coastal Carolina National Bank | Myrtle Beach | $1.4 billion | +12.9% | 0.99% |
| First Capital Bank | Charleston | $1.3 billion | +29.4% | 1.15% |
| The Citizens Bank | Olanta | $1.1 billion | +7.1% | 1.30% |
| First Reliance Bank | Florence | $1.1 billion | -3.1% | 1.09% |
| First Palmetto Bank | Camden | $1.1 billion | +7.0% | 1.21% |
| Beacon Community Bank | Mount Pleasant | $982 million | +17.3% | 0.42% |
Rankings
- Largest banks in South Carolina
- Fastest deposits growth in South Carolina
- Fastest loan growth in South Carolina
- Highest return on assets in South Carolina
All 44 banks headquartered in South Carolina
- 1st Federal Savings Bank of Sc Inc. Walterboro
- Abbeville First Bank SSB Abbeville
- Anderson Brothers Bank Mullins
- Arthur State Bank Union
- Bank of Greeleyville Greeleyville
- Bank of the Lowcountry Walterboro
- Bank of Travelers Rest Travelers Rest
- Bank of York York
- Beacon Community Bank Mount Pleasant
- Blue Ridge Bank Walhalla
- Carolina Bank & Trust Company Lamar
- Cbl State Savings Bank Greer
- Coastal Carolina National Bank Myrtle Beach
- Coastal States Bank Hilton Head Isla
- Countybank Greenwood
- Dedicated Community Bank Darlington
- Enterprise Bank of South Carolina Ehrhardt
- Farmers and Merchants Bank of South Carolina Holly Hill
- First Capital Bank Charleston
- First Community Bank Lexington
- First National Bank of South Carolina Holly Hill
- First Palmetto Bank Camden
- First Piedmont Federal Savings and Loan Association Gaffney
- First Reliance Bank Florence
- Home Federal Savings and Loan Association Bamberg
- Kingstree Federal Savings and Loan Association Kingstree
- Oconee Federal Savings and Loan Association Seneca
- Optus Bank Columbia
- Palmetto State Bank Hampton
- Pee Dee Federal Savings Bank Marion
- Peoples Bank the Iva
- Pickens Savings and Loan Association, Federal Association Pickens
- Security Federal Bank Aiken
- South Atlantic Bank Myrtle Beach
- Southern Bank Spartanburg
- Southern First Bank Greenville
- Spratt Savings Bank Chester
- The Bank of Clarendon Manning
- The Bank of South Carolina Charleston
- The Citizens Bank Olanta
- The Commercial Bank Honea Path
- The Conway National Bank Conway
- United Community Bank Greenville
- Woodruff Federal Savings and Loan Association Woodruff
South Carolina credit unions
- 45 credit unions headquartered in South Carolina reported $24.7 billion in combined total assets for the quarter ended June 30, 2026.
- Their combined shares and deposits were $20.8 billion, up 4.9% from a year earlier among institutions that reported both quarters.
- The median net interest margin was 4.28%, and the median cost of all shares and deposits was 1.03%.
- Institutions
- 45
- Combined total assets
- $24.7 billion
- Combined shares and deposits
- $20.8 billion
- Share and deposit growth, 12 months
- +4.9%
- Loan growth, 12 months
- +6.4%
- Median net interest margin
- 4.28%
- Median return on assets
- 0.93%
- Median cost of shares and deposits
- 1.03%
What stands out
- S. C. H. D. Dist #7 Federal Credit UnionMargin squeezed by funding costs
- Cpm Federal Credit UnionFunding pressure building
- Caro Federal Credit UnionShares and deposits growing faster than peers
- South Carolina Federal Credit UnionShare and deposit costs among the lowest of similar credit unions
- Secured Advantage Federal Credit UnionMembership shrinking faster than peers
- Sharonview Federal Credit UnionDelinquent loans falling while the peer median rises
- Georgetown Kraft Credit UnionFee and other noninterest income among the highest of similar credit unions
- Carolina Trust Federal Credit UnionShare and deposit costs among the lowest of similar credit unions
Largest credit unions
| Institution | City | Total assets | Share growth | ROA |
|---|---|---|---|---|
| Founders Federal Credit Union | Lancaster | $5.2 billion | +5.8% | 1.58% |
| South Carolina Federal Credit Union | North Charlesto | $2.6 billion | +4.8% | 0.98% |
| Srp Federal Credit Union | North Augusta | $2.1 billion | +5.3% | 1.47% |
| Safe Federal Credit Union | Sumter | $2.0 billion | +3.1% | 1.40% |
| Allsouth Federal Credit Union | Columbia | $1.5 billion | +5.2% | 1.97% |
| Palmetto Citizens Federal Credit Union | Columbia | $1.5 billion | +7.0% | 1.67% |
| S. C. State Federal Credit Union | Columbia | $1.5 billion | +4.3% | 2.10% |
| Sharonview Federal Credit Union | Fort Mill | $1.3 billion | +0.3% | -0.23% |
| Rev Federal Credit Union | Charleston | $1.2 billion | +4.9% | 0.42% |
| Family Trust Federal Credit Union | Rock Hill | $805 million | +4.0% | 1.21% |
| Cpm Federal Credit Union | North Charlesto | $759 million | +14.3% | -0.97% |
| Spero Financial Federal Credit Union | Greenville | $701 million | -2.3% | 0.23% |
| Greenville Federal Credit Union | Greenville | $512 million | +5.7% | 0.84% |
| Carolina Trust Federal Credit Union | Myrtle Beach | $422 million | +2.0% | 0.93% |
| Mtc Federal Credit Union | Greenville | $303 million | +10.8% | 0.20% |
Rankings
- Largest credit unions in South Carolina
- Fastest shares and deposits growth in South Carolina
- Fastest loan growth in South Carolina
- Highest return on assets in South Carolina
All 45 credit unions headquartered in South Carolina
- Allsouth Federal Credit Union Columbia
- Anmed Federal Credit Union Anderson
- Berkeley Community Federal Credit Union Moncks Corner
- Brookland Federal Credit Union West Columbia
- Caro Federal Credit Union Columbia
- Carolina Foothills Federal Credit Union Spartanburg
- Carolina Trust Federal Credit Union Myrtle Beach
- Columbia Post Office Credit Union Columbia
- Cpm Federal Credit Union North Charlesto
- Curis Financial Credit Union Columbia
- Dixies Federal Credit Union Darlington
- Edisto Federal Credit Union Orangeburg
- Emerald Credit Association Federal Credit Union Greenwood
- Family Trust Federal Credit Union Rock Hill
- Founders Federal Credit Union Lancaster
- Georgetown Kraft Credit Union Georgetown
- Greenville Federal Credit Union Greenville
- Greenville Heritage Federal Credit Union Greenville
- Hopesouth Federal Credit Union Abbeville
- Latitude 32 Federal Credit Union Charleston
- Mid Carolina Credit Union Lugoff
- Mtc Federal Credit Union Greenville
- Neighbors United Federal Credit Union Greenwood
- Nucor Employee'S Credit Union Florence
- Palmetto Citizens Federal Credit Union Columbia
- Palmetto First Federal Credit Union Florence
- Pee Dee Federal Credit Union Florence
- Rev Federal Credit Union Charleston
- S C I Federal Credit Union Florence
- S. C. H. D. Dist #7 Federal Credit Union Orangeburg
- S. C. State Federal Credit Union Columbia
- Safe Federal Credit Union Sumter
- Santee Cooper Credit Union Moncks Corner
- Secured Advantage Federal Credit Union Simpsonville
- Self Memorial Hospital Federal Credit Union Greenwood
- Sharonview Federal Credit Union Fort Mill
- South Carolina Federal Credit Union North Charlesto
- South Carolina Methodist Conf Credit Union Columbia
- South Carolina National Guard Federal Credit Union Columbia
- Spc Credit Union Hartsville
- Spero Financial Federal Credit Union Greenville
- Srp Federal Credit Union North Augusta
- Trinity Baptist Church Federal Credit Union Florence
- Tru Federal Credit Union Greenwood
- Upstate Federal Credit Union Anderson