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| Anderson Brothers Bank |
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Mission statement:
To create value for customers, communities, employees and shareholders. |
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Overview:
When Anderson Brothers Bank was founded in 1933, local banks were a big part of the community. Your banker was your neighbor and knew your name, and business was conducted on the strength of a handshake. Now, in 2010, as Anderson Brothers Bank celebrates its 77th anniversary, our "old-fashioned" approach to customer relationships remains.
Anderson Brothers Bank is a family-owned and operated bank that blends the elements of traditional personal service, local market awareness, and advanced technology to meet the financial needs of its customers. We are a full service community bank offering a complete range of competitive loan services and deposit products.
Anderson Brothers Bank offers 20 branches conveniently located in 12 communities throughout 5 counties in the Pee Dee and Coastal regions of South Carolina. These include Marion, Horry, Florence, Williamsburg and Georgetown counties.
The bank's main office is located at 101 North Main Street, P.O. Box 310 in Mullins, South Carolina. |
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History:
Anderson Brothers Bank had its beginning in 1933 during the Depression period, days of little confidence and less money. Mr. Ernest Anderson and his brother, Mr. Bishop Bonar Anderson, responded to the needs of several tobacco warehousemen from Mullins who requested assistance in financing the Mullins tobacco market. The plight in Mullins was based on the fact that no bank was operating and no "city" bank was interested in financing a small town tobacco market. Warehousemen had appealed to large banks in Charlotte, Wilmington, Columbia, and Florence to no avail. Without a local bank, not only might Mullins lose its market, but several of the operators may lose their homes and farms as well.
Anderson Brothers Bank had its origin in the back of the Anderson Warehouse in Mullins as a small office that was set up to finance the Mullins tobacco market. Financing meant loaning money to warehousemen so they could issue checks to farmers immediately following the sale of tobacco. Warehouse loans were paid off as tobacco companies such as Reynolds, American, Imperial, etc. paid the warehouses several days or weeks later for the tobacco they had bought. The small office at the back of the warehouse turned into a depository and eventually moved to Main Street, across from the bank's present main office in Mullins.
Financing the Mullins tobacco market meant saving a small town as well as the market. It was important to the merchants of Mullins that the farmers bring their tobacco here. Families "went to town" with their loads of tobacco to sell, and they patronized businesses during their visits. The economy in this small town grew from the sale of farm equipment, food, clothing, etc. Saving the market was essential to the vitality of Mullins and the surrounding area.
The two brothers worked well together. In the late 1930's, they acquired the building where the main office is presently located. Here, Bert Neal Anderson and Howard Anderson, sons of both brothers, became President in turn at the deaths of the brothers.
Today, under the leadership of Mr. Ernest Anderson's grandsons, Anderson Brothers Bank remains family-owned and operated. David E. Anderson serves as President, joined by his brothers Neal as Executive Vice President and Tommy as Vice President. Their father, Bert Neal remains as Chairman of The Board of Directors. These heirs of the original owners are vitally interested in the bank and maintain it as a family-owned and operated bank.
In 1933, Anderson Brothers Bank was opened with the idea of helping the families and businesses in the community. Today, our commitment to customers and communities remains unwavering and strong. Anderson Brothers Bank has built a reputation of helping individuals and families as they journey along life's path. Community banking isn't something to which we merely aspire-it's something we do, day in and day out. While big banks continue to gobble small banks, Anderson Brothers Bank remains family-owned... a place where employees know customers by name and business is often conducted on the strength of a handshake. |
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