These banks all reported apartment loans on their most recent federal call report, and all have at least one branch in South Carolina. Banks are the most common source of multifamily financing — five units and up, stabilised or value-add — and most lend close to their branches, so a lender with offices near your building is usually a better first call than a bigger name without them. Expect a bank to want recourse and, usually, a banking relationship; the capital guide compares the alternatives.
Banks Based in South Carolina, Largest Multifamily Books First
21 of 21 qualifying banks are headquartered in South Carolina. These are the lenders whose whole business is this market.
| # | Institution | Multifamily book | Share of investor CRE | Branches in SC | Contact |
|---|---|---|---|---|---|
| 1 | United Community Bank | $714m | 11.8% | 34 | Contact available |
| 2 | Southern First Bank | $86m | 7.9% | 8 | Contact available |
| 3 | First Capital Bank (Charleston, SC) | $82m | 19.5% | 3 | — |
| 4 | Anderson Brothers Bank | $82m | 12.8% | 27 | Contact available |
| 5 | Coastal States Bank | $54m | 7.9% | 6 | Contact available |
| 6 | South Atlantic Bank | $50m | 7.7% | 12 | Contact available |
| 7 | First Community Bank | $48m | 6.3% | 20 | Contact available |
| 8 | Coastal Carolina National Bank | $37m | 10.5% | 15 | Contact available |
| 9 | Security Federal Bank | $32m | 12.6% | 15 | Contact available |
| 10 | OPTUS Bank | $19m | 15.9% | 2 | Contact available |
| 11 | Bank of the Lowcountry | $14m | 13.0% | 6 | Contact available |
| 12 | The Bank of South Carolina | $10m | 10.1% | 6 | Contact available |
| 13 | Woodruff Federal Savings and Loan Association | $10m | 75.1% | 1 | Contact available |
| 14 | The Citizens Bank | $8m | 6.6% | 25 | Contact available |
| 15 | Arthur State Bank | $7m | 5.5% | 19 | Contact available |
| 16 | Pickens Savings and Loan Association, FA | $7m | 51.7% | 2 | Contact available |
| 17 | The Bank of Clarendon | $6m | 9.3% | 5 | Contact available |
| 18 | Spratt Savings Bank | $5m | 64.8% | 3 | Contact available |
| 19 | Blue Ridge Bank | $4m | 25.4% | 6 | Contact available |
| 20 | Abbeville First Bank, SSB | $4m | 55.7% | 2 | Contact available |
| 21 | Dedicated Community Bank | $3m | 12.7% | 2 | Contact available |
National Lenders With Branches in South Carolina
25 of 28 qualifying banks are headquartered elsewhere but have offices here. The multifamily figure is their national book, so read it alongside the branch count — a large book behind a handful of local offices is a different proposition from a bank with a branch network in the state.
| # | Institution | Multifamily book | Share of investor CRE | Branches in SC | Contact |
|---|---|---|---|---|---|
| 1 | JPMorgan Chase Bank, National Association | $107.32bn | 64.9% | 44 | Contact available |
| 2 | Wells Fargo | $26.55bn | 25.6% | 103 | Contact available |
| 3 | PNC Real Estate | $14.98bn | 40.8% | 8 | Contact available |
| 4 | Truist | $8.65bn | 26.0% | 95 | Contact available |
| 5 | Bank of America | $8.46bn | 15.3% | 61 | Contact available |
| 6 | TD Bank | $6.71bn | 28.5% | 50 | Contact available |
| 7 | Huntington National Bank | $4.88bn | 19.9% | 7 | Contact available |
| 8 | Pinnacle Bank (Tennessee) | $4.86bn | 17.8% | 54 | Contact available |
| 9 | Fifth Third Bank | $4.14bn | 19.2% | 19 | Contact available |
| 10 | Regions Bank | $3.88bn | 35.6% | 18 | Contact available |
| 11 | First Horizon Bank | $3.72bn | 27.1% | 10 | Contact available |
| 12 | First Citizens Bank | $2.97bn | 13.5% | 113 | Contact available |
| 13 | SouthState Bank | $2.72bn | 13.3% | 90 | Contact available |
| 14 | United Bank (Fairfax, VA) | $2.44bn | 20.3% | 26 | Contact available |
| 15 | Ameris Bank | $2.01bn | 22.5% | 14 | Contact available |
| 16 | ServisFirst Bank | $1.40bn | 21.0% | 2 | Contact available |
| 17 | First National Bank of Pennsylvania | $885m | 10.2% | 9 | Contact available |
| 18 | TowneBank | $865m | 13.4% | 8 | Contact available |
| 19 | First Bank (Southern Pines, NC) | $619m | 14.1% | 14 | Contact available |
| 20 | First Carolina Bank | $433m | 24.1% | 2 | Contact available |
| 21 | Park National Bank | $356m | 12.7% | 5 | Contact available |
| 22 | Commerce Bank | $290m | 7.3% | 1 | Contact available |
| 23 | Encore Bank | $231m | 21.1% | 1 | Contact available |
| 24 | HomeTrust Bank | $131m | 9.4% | 2 | Contact available |
| 25 | Woodforest National Bank | $115m | 5.5% | 44 | Contact available |
What this list is, and what it leaves out
A reported balance is not a credit box. Every bank here held apartment loans on 30 June 2026. That is evidence they lend on multifamily — better evidence than a marketing page, because it is what they actually hold — but it is not a commitment to lend on your deal, at your size, in your submarket.
More lenders exist than this page lists. 49 banks qualified in South Carolina. Credit unions, debt funds, agency lenders and life companies also finance apartments and none of them file this report, and plenty of banks lend on multifamily without publishing criteria anywhere. Running your deal through the search covers all of them, not just the banks on this page.
We hold a named lending contact for 48 of them.
Sources. FDIC Call Reports (30 June 2026) and the FDIC Summary of Deposits. A bank appears here if it reported a multifamily balance of $5m or more, or multifamily at 5% or more of its commercial real estate book, and has at least one branch in South Carolina. The dual test is deliberate: a flat dollar floor is a bank-size filter in disguise — a $25m floor passes 86.5% of banks over $10bn and 2.2% of banks under $300m — and would drop the community lenders most likely to look at a smaller apartment deal. Multifamily is the call report's own category for loans secured by five-or-more-unit residential property; it excludes one-to-four-unit rentals, which banks report separately. Multifamily book is institution-level and unprorated: no state split of the loan book is published, so a bank lending in several states shows its full multifamily book on every state page where it qualifies. That is why this page separates banks based in South Carolina from national lenders with branches here, rather than ranking them against each other on a national figure. Branch counts are offices in South Carolina from the Summary of Deposits. Contact availability refers to whether Lender Compass holds a named contact, not to anything the bank publishes.