Bank · FDIC insured
The Bank of South Carolina
A $571.2M bank headquartered in Charleston, SC, with 6 branches in South Carolina. Best rates: CDs 2.75% and savings 0.35% APY.
The Bank of South Carolina Carrot Score
63
Carrot Score
Higher than 8% of U.S. banks and credit unions
#21 of 28 in Charleston, SC metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About The Bank of South Carolina
Founded in 1987, The Bank of South Carolina is a state-chartered bank operating as a wholly owned subsidiary of Bank of South Carolina Corporation.
It serves the Berkeley, Dorchester, and Charleston communities of the South Carolina Lowcountry with six branch locations, focusing on individuals and small to mid-sized businesses.
- Headquarters
- 256 Meeting St, Charleston, SC 29401
- FDIC certificate
- 26912 ↗
Branches
6 branches in South Carolina
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South Carolina
6 branches
- The Bank of South CarolinaMain office256 Meeting St, Charleston, SC 29401Directions
- James Island Branch1730 Maybank Highway, Charleston, SC 29412Directions
- West Ashley Office Branch2027 Sam Rittenberg Blvd, Charleston, SC 29407Directions
- North Charleston Branch9403 Highway 78, Ladson, SC 29456Directions
- Mt Pleasant Branch1337 Chuck Dawley Blvd, Mount Pleasant, SC 29464Directions
- Summerville Branch100 N Main St, Summerville, SC 29483Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.76% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.29% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.56% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $74 | $81 | — |
- CapitalLeverage ratio11.76%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.29%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.56%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$74Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of The Bank of South Carolina are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.