Farmers And Merchants Bank Of South Carolina vs The Peoples Bank
Comparing a Bank in Holly Hill, SC with a Bank in Iva, SC using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Farmers And Merchants Bank Of South Carolina ↗ Bank · Holly Hill, SC · Est. 1912 | The Peoples Bank ↗ Bank · Iva, SC · Est. 1951 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Holly Hill, SC | Iva, SC |
| Total assets | $476.2M | $443.8M |
| Capital ratio | 12.8% | 10.7% |
| Return on assets | 2.0% | 1.6% |
| Deposits | $414.3M | $393.3M |
| Branches | 8 | 8 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #4 of 44 | #6 of 44 |
| Established | 1912 | 1951 |
Farmers And Merchants Bank Of South Carolina
- Assets: $476.2M
- Deposits: $414.3M
- Capital ratio: 12.8%
- Return on assets: 2.0%
- CFPB complaints: 0
- State rank: #4 of 44
The Peoples Bank
- Assets: $443.8M
- Deposits: $393.3M
- Capital ratio: 10.7%
- Return on assets: 1.6%
- CFPB complaints: 0
- State rank: #6 of 44
Are both institutions federally insured?
Yes. Farmers And Merchants Bank Of South Carolina is FDIC-insured and The Peoples Bank is FDIC-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Farmers And Merchants Bank Of South Carolina or The Peoples Bank?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Farmers And Merchants Bank Of South Carolina scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Farmers And Merchants Bank Of South Carolina safe?
Yes — Farmers And Merchants Bank Of South Carolina is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is The Peoples Bank safe?
Yes — The Peoples Bank is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Farmers And Merchants Bank Of South Carolina vs The Peoples Bank?
Farmers And Merchants Bank Of South Carolina has a capital ratio of 12.8%, placing it in the top 21% of $100M–1B peers. The Peoples Bank's ratio is 10.7%, placing it in the top 41% of $100M–1B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Farmers And Merchants Bank Of South Carolina have compared to The Peoples Bank?
The CFPB database shows 0 complaints against Farmers And Merchants Bank Of South Carolina, and 0 complaints against The Peoples Bank. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Farmers And Merchants Bank Of South Carolina with other Banks in South Carolina
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
