1st Federal Savings Bank Of Sc, Inc. is a bank based in Walterboro, South Carolina, established in 1962, with $153 million in total assets across 2 branches. By Trust Grade it ranks 35th of 44 banks we track in South Carolina. Its capital ratio of 8.7% trails most similarly sized banks (25th percentile), versus a South Carolina median of 9.8%. It was profitable over the most recent period, with a 0.63% return on assets. No consumer complaints against 1st Federal Savings Bank Of Sc, Inc. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How 1st Federal Savings Bank Of Sc, Inc. compares to South Carolina peers
How we graded 1st Federal Savings Bank Of Sc, Inc.
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Profitable (ROA 0.63%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for 1st Federal Savings Bank Of Sc, Inc. over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 300 Robertson Blvd, Walterboro, SC 29488
- 428 Highway 174, Edisto Island, SC 29438
Are deposits at 1st Federal Savings Bank Of Sc, Inc. insured?
Yes. 1st Federal Savings Bank Of Sc, Inc. is an FDIC-insured bank (FDIC certificate #31410). 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.
1st Federal Savings Bank Of Sc, Inc.: frequently asked questions
Is 1st Federal Savings Bank Of Sc, Inc. a good bank?
1st Federal Savings Bank Of Sc, Inc. earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Profitable (ROA 0.63%).
Is 1st Federal Savings Bank Of Sc, Inc. FDIC-insured?
Yes. 1st Federal Savings Bank Of Sc, Inc. is a FDIC-insured bank (FDIC certificate #31410). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is 1st Federal Savings Bank Of Sc, Inc.?
1st Federal Savings Bank Of Sc, Inc. holds $153 million in total assets, ranking 35th of 44 banks we track in South Carolina. It operates 2 branches.
Does 1st Federal Savings Bank Of Sc, Inc. have CFPB complaints?
No CFPB complaints against 1st Federal Savings Bank Of Sc, Inc. 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.
