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| First National Bank of South Carolina |
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Overview:
At the turn of the century, Holly Hill was a small rural farming community where cotton was king, horse and wagon were the primary means of travel, and local folks hid or buried their savings for safety. The need for a bank was obvious, and on July 7, 1905, The Bank of Holly Hill was chartered. On September 4, 1905, with $15,000 in capital, The Bank of Holly Hill opened for business on the main road between Charleston and Columbia.
In 1907, the main business block of the town was destroyed by fire, including The Bank of Holly Hill. But the bank soon re-opened. In 1915, the Bank of Holly Hill received a charter to operate as The First National Bank of Holly Hill. In 1929, the stock market crashed and more than 5,000 banks were closed as a result. The First National Bank of Holly Hill was one of the few allowed to remain open. In 1933, President Roosevelt closed the nation's banks again, allowing only those in good financial condition to re-open, including The First National Bank of Holly Hill. Through the years, the bank has continued to persevere and prosper, opening new offices, growing, and always serving the good people of the state of South Carolina.
Today, under the name First National Bank of South Carolina, the bank has eight offices and more than 100 years of experience to offer its' customers, plus a full range of services including checking, savings, certificates of deposit, discount brokerage services, a trust department, loans, and an ATM network. |
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History:
9/15/1905 Institution established. Original name: The First National Bank Of Holly Hill
6/12/1987 Changed name to First National Bank Of Holly Hill.
8/1/1990 Changed name to First National Bank Of South Carolina |
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