Victory State Bank

Status:Inactive as of 03/29/1999
 Absorption - Assisted
Successor Bank:OPTUS Bank
Headquarters:Victory State Bank
1545 Sumter Street
Columbia, SC 29201
Established:10/13/1921
FDIC Insurance:04/01/1953
FDIC Cert:#17200
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$13,205,000
Total Deposits:$12,887,000

History

1921-10-13Institution established: Original name:Victory Savings Bank
1997-11-19Changed name to Victory State Bank
1999-03-26Bank closed by primary federal regulator pending acquisition.
1999-03-29Failed. Acquired with government financial assistance and subsequently operated as part of South Carolina Community Bank (35241)
2019-04-01Changed name to OPTUS Bank (35241)

Financial Information (1998-12-31 and Older)