First Reliance Bank is a bank based in Florence, South Carolina, established in 1999, with $1.1 billion in total assets across 11 branches. By Trust Grade it ranks 10th of 44 banks we track in South Carolina. Its capital ratio of 10.0% trails most similarly sized banks (45th percentile), versus a South Carolina median of 9.8%. It was profitable over the most recent period, with a 1.34% return on assets. No consumer complaints against First Reliance Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Reliance Bank compares to South Carolina peers
How we graded First Reliance Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.0% capital ratio)
- Strongly profitable (ROA 1.34%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Reliance Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (11)
- 411 2nd Loop Rd, Florence, SC 29505
- 801 N Lake Dr, Lexington, SC 29072
- 500 E Washington St, Greenville, SC 29601
- 800 S Shelmore Blvd, Mount Pleasant, SC 29464
- 150 Highway 14, Simpsonville, SC 29681
- 2805 A Sunset Blvd, West Columbia, SC 29169
- 507 21st Ave N, Myrtle Beach, SC 29577
- 1901 Main St, Columbia, SC 29201
- 900 Johnnie Dodds Blvd, Mount Pleasant, SC 29464
- 3842 Mayfair St, Myrtle Beach, SC 29577
- 2170 W Palmetto St, Florence, SC 29501
Are deposits at First Reliance Bank insured?
Yes. First Reliance Bank is an FDIC-insured bank (FDIC certificate #35214). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
First Reliance Bank: frequently asked questions
Is First Reliance Bank a good bank?
First Reliance Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (10.0% capital ratio); Strongly profitable (ROA 1.34%).
Is First Reliance Bank FDIC-insured?
Yes. First Reliance Bank is a FDIC-insured bank (FDIC certificate #35214). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Reliance Bank?
First Reliance Bank holds $1.1 billion in total assets, ranking 10th of 44 banks we track in South Carolina. It operates 11 branches.
Does First Reliance Bank have CFPB complaints?
No CFPB complaints against First Reliance Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
