Our History, Vision & Philosophy

Our History

The Bank of South Carolina is a state-chartered financial institution with depository accounts insured by the FDIC. The Bank was organized on October 23, 1986, and our first office opened for business on February 26, 1987. It is a wholly-owned subsidiary of Bank of South Carolina Corporation which became effective on April 17, 1995.

The Bank was organized with a commitment to creating a bank and banking philosophy based on personal service, lasting customer relationships, responsiveness and attention to detail in order to serve the Berkeley, Dorchester and Charleston communities as an independent community bank concentrating on individuals and small and medium sized businesses desiring a high level of service. In 1993, the Bank saw an opportunity to develop a community banking office in Summerville by staffing it with local people. In 1994, the Bank recognized a need to establish a Mortgage Origination Department to better serve its customers' needs. In May of 1996, another opportunity presented itself and The Bank of South Carolina opened a Mt. Pleasant banking office, again staffing it with local people. A fourth office was opened in March of 1998 to serve the needs of the West Ashley community.

As The Bank of South Carolina grows, it will continue to assess the needs of its community for future services and locations.

Vision & Philosophy

In order for The Bank of South Carolina to remain the preeminent community bank in its market, the Bank must emphasize and focus on its primary competitive advantages; its people, its knowledge of the marketplace and its ability to respond to customer needs. Since the Bank's inception, it has focused on the following three markets: local businesses and their owners and managers, professionals and individuals who desire a higher level of service. To penetrate these markets, the Bank has sought to differentiate itself with personal service, responsiveness and attention to detail and long-term customer relationships. In addition, the directors, officers and employees are committed to improving the growth and welfare of the entire community through their personal involvement in community organizations and activities.