28,155Employees
$2.5 BTotal Annual Compensation & Benefits
$87,609Average Total Compensation & Benefits
45 Banks Headquartered in State
Source: FDIC branch deposit data (2021 Q2), FDIC Call Report 2Q2021, 2021 BLS/US Census Quarterly Census of Employment and Wages (QCEW) for Credit Intermediation and Related Activities, and ABA Analysis
$24.5 BNew Home Loans Booked in 2021
80,088Number of New Home Loans in 2021
$215,000Median New Home Loan Size in 2021
$4.4 BSmall Business Loans
339.2 KNumber of Small Business Loans
$13,081Average Small Business Loan
$748.6 MSmall Farm Loans
15,179Number of Small Farm Loans
$44,375Average Small Farm Loan
South Atlantic Bank helped small business clients in South Carolina secure PPP loans while taking precautions to keep their customers and employees safe.
Source: CFPB HMDA data, year-end 2021; FDIC Call Report 2Q2021 and Year-End 2021; 2021 USDA Quarterly Farm data and USDA/Census Data from 2017 State of Ag Survey; 2021 SBA/Census Data and ABA analysis
3.5 MCustomers
$117.9 BDeposits
75Banks Operating Branches
1,171Branches & Offices
500Branches Offering Low Fee Bank On-certified Accounts
One look at their Facebook, Instagram and LinkedIn pages will show that South Atlantic Bank in Myrtle Beach, SC is enthusiastic about ABA’s #BanksNeverAskThat campaign. They shared important anti-phishing messaging with both customers and employees so that everyone who interacts with the bank knows how to converse about the threat of phishing.
Sources: Estimates based on ABA 2020/2021 survey data; FDIC Summary of Deposit (SOD) 2021Q2 Data; Cities for Financial Empowerment Fund
166.1 KVolunteer Hours
$68.5 MCommunity Donations
Source: Estimates based on ABA 2020/2021 survey data
