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PEOPLES BANCORPORATION INC SC history
PEOPLES BANCORPORATION INC SC company history timeline
In 1908, the first Model T came off the assembly line, sharing a birthday with Peoples Bank.
Sidney Davis, son of A.S. Davis, joined the bank in 1932.
In 1965, the Bank purchased and renovated the old post office building in Iva.
The Bicentennial year of 1976 saw the Bank construct a new office building one block away.
Beginning in 1981, The Peoples Bank expanded it's presence within the county by opening a branch office in Anderson, SC. Today, the Bank serves Anderson County with seven full-service locations.
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.
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.
In May of 1996, another opportunity presented itself and The Bank of South Carolina opened a Mt.
A fourth office was opened in March of 1998 to serve the needs of the West Ashley community.
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