Safest Banks in South Carolina 2026
South Carolina has 38 FDIC-insured banks with an average Bank Health Score of 74/100 (B). The safest bank is Bank of York with a score of 97/100.
Data from FDIC Q2 2024
Top 20 of 38 Banks in South Carolina
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Bank of York | York | A | 97 | 30.31% | 0.58% |
| 2 | Bank of Travelers Rest | Travelers Rest | A | 96 | 14.73% | 0.04% |
| 3 | Conway National Bank | Conway | A | 96 | 17.90% | 0.10% |
| 4 | Pee Dee Federal Savings Bank | Marion | A | 96 | 39.84% | 0.00% |
| 5 | Optus Bank | Columbia | A | 96 | 17.02% | 0.40% |
| 6 | Farmers&Merchants Bank of Sc | Holly Hill | A | 95 | 38.79% | 0.81% |
| 7 | Palmetto State Bank | Hampton | A | 93 | 27.34% | 0.43% |
| 8 | First Nb of South Carolina | Holly Hill | A | 93 | 21.78% | 0.70% |
| 9 | Pickens Savings&Loan Assn Fa | Pickens | A | 92 | 22.07% | 0.36% |
| 10 | Countybank | Greenwood | A | 92 | 14.64% | 0.33% |
| 11 | Oconee Fs&La | Seneca | A | 90 | 23.99% | 0.27% |
| 12 | Security Federal Bank | Aiken | A | 88 | 18.24% | 1.07% |
| 13 | Blue Ridge Bank | Walhalla | A | 87 | 14.10% | 0.01% |
| 14 | First Palmetto Bank | Camden | A | 87 | 13.54% | 0.13% |
| 15 | 1st FSB of Sc INC | Walterboro | A | 85 | 14.87% | 0.47% |
| 16 | Carolina Bank&Trust Co | Lamar | A | 84 | 17.82% | 0.34% |
| 17 | Bank of the Lowcountry | Walterboro | A | 83 | 11.61% | 0.12% |
| 18 | South Atlantic Bank | Myrtle Beach | A | 81 | 11.55% | 0.00% |
| 19 | First Reliance Bank | Florence | B | 79 | 12.28% | 0.03% |
| 20 | Coastal Carolina Nb | Myrtle Beach | B | 79 | 11.67% | 0.00% |
Bank Health Scores for South Carolina are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Bank of York in York is currently the safest bank in South Carolina with a score of 97/100 (Grade A).
South Carolina has 38 FDIC-insured banks with a combined $27.7B in total assets. The average Bank Health Score across the state is 74/100.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).