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In 1913, the Homestead Bank was founded in Columbia, South Carolina, and later became Commercial Bank and Trust Company of South Carolina. In 1964, the Holding brothers — Frank, Lewis and Robert, who were part owners of First Citizens Bank and Trust of North Carolina - acquired a controlling interest in Anderson Bank of Dillon, South Carolina, which had one location and sixteen employees.
The Bank of South Carolina, the second-oldest building in the nation to be constructed as a bank, was established in 1798; branches of the First and Second banks of the United States were also located in Charleston in 1800 and 1817.
First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.
The economy of South Carolina was ranked the 25th largest in the United States based on gross domestic product in 2022. Tourism, centered around Myrtle Beach, Charleston, and Hilton Head Island, is the state's largest industry. The state's other major economic sector is advanced manufacturing located primarily in the Upstate and the Lowcountry .
In 1791, Congress chartered the First Bank of the United States. The bank, which was jointly owned by the federal government and private stockholders, was a nationwide commercial bank which served as the bank for the federal government and operated as a regular commercial bank acting in competition with state banks.
Columbia is the capital city of the U.S. state of South Carolina.With a population of 136,632 at the 2020 census, it is the second-most populous city in South Carolina. [7] The city serves as the county seat of Richland County, and a portion of the city extends into neighboring Lexington County.
South Carolina is named after King Charles I of England.Carolina is taken from the Latin word for "Charles", Carolus. South Carolina was formed in 1712. By the end of the 16th century, the Spanish and French had left the area of South Carolina after several reconnaissance missions, expeditions and failed colonization attempts, notably the short-living French outpost of Charlesfort followed by ...
The city of Charleston, South Carolina, has had a significant Jewish population since the colonial period. The first were Sephardic Jews who had been living in London or on the island of Barbados. They were connected to Jewish communities in New England as well. The community figured prominently in the history of South Carolina.