Company Information

Get to know Bank Of South Carolina

Founded in 1986 by local Charleston business leaders, The Bank of South Carolina holds the distinction of being the oldest bank headquartered in Charleston. It operates as a community-focused financial institution, dedicated to providing personalized banking solutions to individuals and businesses within its service area. The bank's mission emphasizes building long-term customer relationships and contributing to the local economy through services like personal and business checking/savings accounts, loans, mortgages, and treasury services.

Industry

Financial BankingPRIMARY
Financial Other Service

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Bank Of South Carolina

United States

Founded in

23 10월 1986 (39 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.