Finance Atlas

Banking & Mortgage-Lending Access in South Carolina

299 FDIC-insured institutions (44 currently active) are recorded in South Carolina in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 26.3% in South Carolina.

FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026

299
FDIC institutions (total)
44
Currently active
26.3%
Overall denial rate (HMDA 2024)
127,052
Loans originated (2024)
This page is a reference catalog of provenanced public data. It informs and compares; it does not recommend lenders and gives no financial advice. HMDA denial-rate figures are reported statistics and do not establish why rates differ across applicant groups. To verify a lender's FDIC status, use FDIC BankFind. To file a complaint, visit the CFPB. To find a HUD-approved housing counselor: HUD.gov.

How many FDIC-insured institutions are in South Carolina?

FDIC BankFind records 299 FDIC-insured institutions (all historical) in South Carolina, of which 44 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.

Metric Count
Total FDIC-insured institutions (historical) 299
Currently active 44

Source: FDIC BankFind (src:fdic:bankfind:2026). Verify: https://banks.data.fdic.gov/

What types of banks are chartered in South Carolina?

FDIC uses charter class codes to categorize insured depository institutions. The breakdown for South Carolina:

Charter class Description Count
NM State non-member bank (Fed non-member) 122
N National bank (OCC-chartered) 61
SL Savings institution (state-chartered S&L) 53
SB Savings bank (state-chartered) 40
SM State member bank (Fed member) 19
NC Non-deposit trust company 2
SI Savings institution (OTS-supervised) 2

Source: FDIC BankFind (src:fdic:bankfind:2026). Charter class labels per FDIC BankFind official definitions.

What was the mortgage application denial rate in South Carolina? (HMDA 2024)

HMDA 2024 data report an overall mortgage application denial rate of 26.3% in South Carolina. The table below shows reported denial rates by applicant race where available in the HMDA dataset.

Methodology note: HMDA captures race where the applicant chose to report it. Denial rates reflect all recorded denial reasons (credit history, DTI, collateral, etc.) and do not establish why rates differ across groups. These figures are descriptive FFIEC statistics, not findings of lending discrimination.
Applicant group (reported) Denial rate
Overall 26.3%
White applicants 21.4%
Black applicants 42.7%
Black/White denial rate ratio 1.99x

Source: FFIEC HMDA (src:ffiec:hmda:2024). Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=SC

Mortgage origination volume in South Carolina (2024)

HMDA 2024 data record 127,052 originated mortgage loans in South Carolina , totaling $37.7B , with an average loan size of $296,580.

Metric Value
Originated loans (2024) 127,052
Total origination volume $37.7B
Average loan size $296,580

Source: FFIEC HMDA (src:ffiec:hmda:2024).

Sources & provenance

FDIC data — source id src:fdic:bankfind:2026, as of 2026. Verify via FDIC BankFind: https://banks.data.fdic.gov/

HMDA data — source id src:ffiec:hmda:2024, data year 2024. Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=SC

Data exported June 20, 2026 · content hash 13c45f3976eed4c8 · machine-readable brief: /finance/states/sc/context.md

Where to act