Bank of South Carolina (NASDAQ: BKSC) is a community-focused financial institution headquartered in Mount Pleasant, South Carolina. Since its establishment in 1996, the bank has grown through organic expansion and targeted branch openings across the Charleston and Lowcountry region. With a charter to serve both personal and commercial clients, Bank of South Carolina maintains a localized approach to relationship banking, emphasizing responsiveness to the unique economic and demographic characteristics of its service area.
The bank’s core business activities center on deposit gathering and loan origination. On the deposit side, it offers a full suite of checking, savings, money market and certificate of deposit accounts designed to meet the needs of consumers, business owners and non-profit organizations. Lending products include commercial real estate and construction loans, SBA-guaranteed financing, owner-occupied business loans, mortgage lending and home equity lines of credit. This product mix enables the bank to support local business development while also facilitating personal wealth accumulation and home-ownership goals.
In addition to traditional banking services, Bank of South Carolina has invested in digital and treasury management solutions. Online and mobile banking platforms allow customers to access account information, make transfers and pay bills securely. Commercial clients benefit from cash management services such as ACH origination, wire transfers, remote deposit capture and merchant card processing. These technology-driven offerings aim to streamline daily financial operations for both individuals and businesses.
Leadership at Bank of South Carolina is headed by President and Chief Executive Officer David R. Veitshans Jr., who oversees strategic planning, regulatory compliance and community outreach initiatives. The bank’s board of directors comprises local business leaders and financial professionals committed to fostering economic growth in the region. Through a combination of conservative underwriting standards, personalized service and active board governance, Bank of South Carolina seeks to maintain strong capital and liquidity positions while delivering value to its clientele.
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