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Participating Banks

Banks

The Foundation salutes the financial institutions listed below for offering IOLTA accounts to attorney customers. The partnership between legal and financial professionals enables the Bar Foundation to provide critical funding to support law related grants. Banks are divided into tiers based on cumulative balances and then ranked by the yields received on IOLTA accounts for the period June 2008.

 Tier 1

(Cumulative balances of more than $50,000,000)

0.90% and above

Bank of America*

Branch Banking & Trust Co.

 

0.75% and below

First Citizens Bank

Wachovia Bank of South Carolina, NA**

 

*Bank of America pays 50% of the Federal Funds Rate on all accounts.

**Wachovia pays 50% of the Federal Funds Rate on high balance accounts.

 

Tier 2

(Cumulative balances of $10,000,000 – $49,999,999)

1.10% and above

Regions Bank

 

0.50% and below

Carolina First Bank

Conway National Bank

First Federal of Charleston

NBSC

South Carolina Bank & Trust

Sun Trust Bank

 

Tier 3

(Cumulative balances of $5,000,000 to $9,999,999)

0.25% and above

Arthur State Bank

Bank of South Carolina

Beach First National Bank

Community South Bank and Trust

Horry County State Bank

Palmetto State Bank

 

0.24% and below

CoastalStates Bank

First Community Bank

First National Bank of the South

First Reliance Bank

South Carolina Bank & Trust of the Piedmont

 

Tier 4

(Cumulative balances of $1,000,000 - $4,999,999)

1.00% to 2.00%

Capital Bank

First National Bank of South Carolina

RBC Centura Bank

 

0.50% to 0.99%

Atlantic Community Bank

Bank of Clarendon

Bank of Walterboro

BankMeridian

Enterprise Bank of South Carolina

Exchange Bank of South Carolina

Plantation Federal Bank, Inc.

Tidelands Bank

 

 

0.25% to 0.49%

Anderson Brothers Bank

Atlantic Bank & Trust

Carolina Alliance Bank

Carolina Bank & Trust

Community First Bank of Charleston

Community Resource Bank

Crescent Bank

Greer State Bank

Liberty Savings Bank FSB

 

0.24% and below

Ameris Bank

Clover Community Bank

Congaree State Bank

Countybank

First Palmetto Savings Bank

First Savers Bank

Grandsouth Bank

Greenville First Bank

Harbor National Bank

Heritage Community Bank

Lowcountry National Bank

Palmetto Bank

Peoples National Bank

Security Federal Bank

Southcoast Community Bank

Southern Bank & Trust

 

Tier 5

(Cumulative balances of $1 - $999,999)

1.00% to 1.45%

Cornerstone National Bank

First Federal of South Carolina

Sandhills Bank

South Carolina Community Bank

 

0.50% to 0.99%

Abbeville Savings & Loan

Bank of Greeleyville

Bank of York

BankGreenville

Carolina Federal Savings Bank

Darlington County Bank

Farmers & Merchants Bank

First Capital Bank

Oconee Federal Savings & Loan Association

The Peoples Bank

Pinnacle Bank of SC        

South Atlantic Bank

Williamsburg First National

 

0.25% to 0.49%

Allendale County Bank

Bank of Travelers Rest

The Citizens Bank

First South Bank

Independence National Bank

Palmetto Heritage Bank & Trust

Savannah River Banking Company

VistaBank

Woodlands Bank

 

0.24% and below

American Community Bank

Bank of Anderson

Community First Bank of Walhalla

First Bank

First Piedmont Bank

Pee Dee Federal Savings Bank

Pickens Savings & Loan Association

Provident Community Bank

Seneca National Bank

Waccamaw Bank

 

 

 

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