Bank of South Carolina Achieves Notable Ranking Among Top Community Banks
Bank of South Carolina Achieves Major Recognition
The Bank of South Carolina Corporation, the parent company of The Bank of South Carolina, is thrilled to announce its impressive ranking as the 66th best publicly traded community bank in the United States. This prestigious recognition comes from American Banker magazine, a leading financial services publication, and highlights the bank's significant performance and dedication to community banking.
Published on July 3, 2025, the ranking is based on a three-year average return on equity from 2022 to 2024, calculated by the esteemed consulting firm Capital Performance Group based in Washington, D.C. Notably, The Bank of South Carolina is the only bank from the Palmetto State to be honored in this year's Top 100 list, among 348 institutions that qualified for the analysis.
Eugene H. Walpole, IV, the President and CEO of the Bank, expressed pride in this accomplishment: "We're honored to be recognized by American Banker as one of the nation's top-performing community banks. This achievement reflects the dedication of our team and the trust of our customers and shareholders. Since our founding, we've remained committed to a relationship-driven approach, delivering responsive, personalized service across the communities we proudly serve."
Established in 1987, The Bank of South Carolina has continually operated as a South Carolina state-chartered financial institution, with strategically located offices in Charleston, North Charleston, Summerville, Mt. Pleasant, James Island, and the West Ashley area. The bank has developed a reputation for fostering strong community relationships and providing excellent customer service.
The recognition by American Banker solidifies the bank's position in the community banking sector and showcases its ability to navigate the challenges of the financial landscape while maintaining strong relationships with its customers. The commitment to providing tailored banking services continues to be at the forefront, aligning with the bank's vision of promoting financial well-being and community development.
As part of its ongoing commitment to transparency and accountability, the Bank of South Carolina regularly reports on its financial health and performance metrics. This ranking not only serves as an accolade but also emphasizes the bank's mission to support its clients in achieving their financial goals while participating actively in the community's growth.
In conclusion, the recognition as one of the nation's top publicly traded community banks is a significant milestone for The Bank of South Carolina. It reflects years of hard work, dedication, and a steadfast focus on serving the local community. The bank looks forward to continuing its growth and commitment to excellence in the years to come.