26,245Employees
$2.4 BTotal Annual Compensation & Benefits
$90,203Average Total Compensation & Benefits
45Banks Headquartered in State
Source: FDIC Call Report year-end 2020, estimates based on ABA 2020/2021 survey data
$23.3 BNew Home Loans Booked in 2020
83,948Number of New Home Loans in 2020
$205,000Median New Home Loan Size in 2020
$5.5 Bin Paycheck Protection Program (PPP) Loans Facilitated
59,574PPP Loans
$25,616Median PPP Loan
724.9 KJobs Supported by PPP
South Atlantic Bank helped small business clients in South Carolina secure PPP loans while taking precautions to keep their customers and employees safe.
Source: HMDA, SBA PPP Loans, ABA analysis
3.9 MCustomers
$117.9 BDeposits
75Banks Operating Branches
1,171Branches & Offices
414Branches 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.
Source: Estimates based on ABA 2020/2021 survey data, FDIC Summary of Deposits (2021Q2), 2021 CFE Fund
166.1 KVolunteer Hours
$68.5 MCommunity Donations
Source: Estimates based on ABA 2020/2021 survey data
