The Bank of South Carolina on Your Credit Report
In short: Based in Charleston, South Carolina, Bank of South Carolina is a state-chartered commercial bank that is not a member of the Federal Reserve System. The FDIC records certificate 26912 with a charter date of February 26, 1987 — a late-twentieth-century institution by the FDIC's own dating. The 06/30/2026 call report shows $571 million in total assets spread across 6 FDIC-reported offices. Since the loans are originated and held by Bank of South Carolina itself, the bank is the furnisher on the tradeline. That gives you two tracks: a §623 dispute to the bank and a §611 dispute through each bureau. Information that is inaccurate, incomplete, or unverifiable can be disputed under the FCRA. Outcomes depend on what the furnisher can verify, and results vary.
Who The Bank of South Carolina actually is
Charter details above are from the FDIC BankFind public database.
What makes this creditor different
The Bank of South Carolina reported $571 million in total assets and 6 FDIC-reported offices on its 06/30/2026 call report, operating from Charleston, South Carolina under certificate 26912 since February 26, 1987.
How The Bank of South Carolina appears on your credit report
The Bank of South Carolina is an original creditor, not a collector, and that changes the mechanics. A bank in this size range typically runs reporting through a small operations team, which is why a letter identifying one specific field usually outperforms a general demand. Give the last four digits and the open date, specify the exact inaccurate field, and file with the bureaus at the same time so neither track waits on the other. Whether anything changes depends on the underlying records, and that varies by account.
Names it may report under
Products that commonly show up
- ◆Personal and installment loans originated in-branch
- ◆Residential mortgage and home-equity lending in South Carolina
- ◆Consumer accounts originated across its 6 South Carolina offices
Grounds to dispute a The Bank of South Carolina entry
Each of these is a reason a The Bank of South Carolina tradeline may be inaccurate or unverifiable. None of them assures removal — they are the angles worth checking on your own report.
- ◆Loan paid off at closing but still showing a balance with Bank of South Carolina
- ◆Settled-for-less account reported by Bank of South Carolina as a full charge-off
- ◆State-chartered account duplicated after a core-system conversion
- ◆Account balance or credit limit reported incorrectly
- ◆Payment reported late when it was made inside the grace period
- ◆Date of first delinquency re-aged to extend how long it can report
- ◆Account still reporting as open after it was closed, or vice versa
- ◆Duplicate tradeline for the same account after an internal transfer
- ◆Account belongs to someone else with a similar name, or is the result of identity theft
Disputing an original creditor is not the same as disputing a collector
The Bank of South Carolina is an original creditor — the institution whose name was on the account when it was opened. That matters for two reasons. First, the FDCPA, which governs debt collectors, generally does not apply to a creditor collecting its own debt in its own name, so the “debt validation” request that works against a collection agency is not the right tool here. Second, as the furnisher of the tradeline, The Bank of South Carolina has direct obligations under FCRA §623 to investigate a dispute you send it and to correct or delete information it cannot verify as accurate.
Dispute with the bureaus — FCRA §611
File with Equifax, Experian and TransUnion. They must generally investigate within 30 days and tell the furnisher. Free, and you can do it yourself.
Dispute with the furnisher — FCRA §623
Send The Bank of South Carolina a direct written dispute. It must investigate and must not continue reporting information it knows is inaccurate. Keep copies and proof of delivery.
The Bank of South Carolina questions, answered
Is The Bank of South Carolina FDIC-insured, and what is its certificate number?
Yes — deposits are FDIC-insured under certificate 26912. That record lists The Bank of South Carolina as a state-chartered commercial bank that is not a member of the Federal Reserve System headquartered in Charleston, SC, chartered February 26, 1987, with $571 million in assets across 6 FDIC-reported offices on the 06/30/2026 call report.
Who regulates The Bank of South Carolina, and where do I escalate if a dispute fails?
As a state-chartered commercial bank that is not a member of the Federal Reserve System, Bank of South Carolina answers primarily to the FDIC and its state banking regulator. When a §623 dispute to the bank and a §611 dispute to the bureaus both come back verified and you still hold contrary documentation, the next steps are a CFPB complaint and, if needed, the private right of action FCRA §§616–617 gives you. None of that requires paying anyone.
How many credit-card complaints does the CFPB show against The Bank of South Carolina?
No number is published here. When we queried the CFPB credit-card complaint data, no company key matched The Bank of South Carolina exactly, and we will not approximate one by partial-name matching — that routinely pulls in unrelated companies with similar names. Rather than imply a count we cannot source, we leave it out. The database is public and searchable at consumerfinance.gov.
How long can a Bank of South Carolina charge-off stay on my credit report?
Roughly seven years, counted from the date of first delinquency — the missed payment on the Bank of South Carolina account that was never brought current. Charging off, selling or transferring the balance does not restart that clock, and a Bank of South Carolina entry whose delinquency date moves forward has been re-aged.
What is the difference between disputing with The Bank of South Carolina and disputing with a collector?
The records sit in different places. The Bank of South Carolina originated the account, so it has the application, the statement history and the payment postings. A collector works from a data file it was given, which is usually thinner. Disputing with Bank of South Carolina under §623 puts your challenge in front of whoever can actually check it against source documents.
Does The Bank of South Carolina report to all three credit bureaus?
Nothing in the FCRA compels a bank to furnish to all three, and many institutions of this size do not. Check Equifax, Experian and TransUnion before concluding Bank of South Carolina has misreported anything. Differences in balance across bureaus usually reflect different update cycles; differences in status, payment history or delinquency date are the ones to challenge.
The Bank of South Carolina was acquired or changed names — why does my report show two accounts?
A single account showing twice is a classic conversion artifact. When Bank of South Carolina migrates an account between core systems or through an acquisition, the old and new furnisher names can both persist. Ask for deletion of the duplicate, not a closed-status update — a closed duplicate still counts against utilization. In this case, this charter was electronic from early on, which usually means cleaner history but also means errors propagate automatically once introduced.
Can I dispute The Bank of South Carolina reporting myself, without paying anyone?
You can, free of charge. The FCRA gives you the §611 and §623 routes directly; hiring help is optional, never required. Send Bank of South Carolina a letter naming the one field at issue, send the bureaus the same, and retain proof of mailing. What happens next depends on the records, and results vary.
What should I check first on The Bank of South Carolina reporting?
Start with the date of first delinquency, then the account status, then the high balance or limit — those three drive both the seven-year clock and the scoring weight. Given that this charter was electronic from early on, which usually means cleaner history but also means errors propagate automatically once introduced, pull your own statements and check the Bank of South Carolina entry field by field. One documented error beats a broad removal request every time.
Other creditors on credit reports
This page is general information about consumer rights, not legal advice, and does not create an attorney-client relationship. Crowned Credit is not affiliated with, endorsed by, or sponsored by The Bank of South Carolina; company names are used only to identify the institution a consumer may see on a credit report. Crowned Credit does not promise any particular outcome; results vary by individual circumstances and by what a furnisher is able to verify. Accurate, verifiable information generally cannot be removed from a credit report. You have the right to dispute inaccurate information yourself, for free, directly with the credit bureaus and with the furnisher.
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