Carolina State Bank

Status:Inactive as of 09/25/2003
 Merger - Without Assistance
Successor Bank:Arthur State Bank
Headquarters:Carolina State Bank
110 Alabama Avenue
Chesnee, SC 29323
Established:08/30/1932
FDIC Insurance:01/01/1934
FDIC Cert:#9920
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$81,550,000
Total Deposits:$75,013,000

History

1932-08-30Institution established: Original name:Chesnee State Bank
1997-09-04Changed name to Carolina State Bank
2001-02-23Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2003-09-25Merged into and subsequently operated as part of Arthur State Bank (15085) in UNION, SC
2003-10-16Acquired Pinnacle State Bank (14067) in WOODRUFF, SC

Financial Information (2003-06-30 and Older)