The Citizens Bank vs The Peoples Bank
Comparing a Bank in Olanta, SC with a Bank in Iva, SC using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| The Citizens Bank ↗ Bank · Olanta, SC · Est. 1938 | The Peoples Bank ↗ Bank · Iva, SC · Est. 1951 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Olanta, SC | Iva, SC |
| Total assets | $1.2B | $443.8M |
| Capital ratio | 10.3% | 10.7% |
| Return on assets | 1.2% | 1.6% |
| Deposits | $1.0B | $393.3M |
| Branches | 26 | 8 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #3 of 44 | #6 of 44 |
| Established | 1938 | 1951 |
The Citizens Bank
- Assets: $1.2B
- Deposits: $1.0B
- Capital ratio: 10.3%
- Return on assets: 1.2%
- CFPB complaints: 0
- State rank: #3 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. The Citizens Bank 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, The Citizens Bank or The Peoples Bank?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — The Citizens Bank 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 The Citizens Bank safe?
Yes — The Citizens Bank 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 The Citizens Bank vs The Peoples Bank?
The Citizens Bank has a capital ratio of 10.3%, placing it in the top 50% of $1B–10B 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 The Citizens Bank have compared to The Peoples Bank?
The CFPB database shows 0 complaints against The Citizens Bank, 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 The Citizens Bank 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.
