1st Federal Savings Bank of SC, Inc. (FSGB) operates as a state-chartered savings bank offering a range of deposit and loan products to retail and business customers primarily in South Carolina. The bank provides personal and business checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts (IRAs); additional deposit-related services include check reorder, debit cards, overdraft protection, automated telephone teller, wire transfers, night deposit drop, safe deposit boxes, direct deposit, automatic transfers, and online banking; it also offers Kasasa cash-back checking and savings products with competitive yields and rewards. Loan products encompass mortgage loans, consumer loans, and commercial loans, with personalized mortgage servicing by local representatives.
Founded in 1962 and headquartered at 300 Robertson Boulevard in Walterboro, South Carolina, the institution functions as a subsidiary of First Carolina Bancshares, M.H.C., concentrating on community banking in the southeastern United States.
The bank maintains its core operational focus without notable recent acquisitions, partnerships, funding rounds, or strategic expansions reported in the past one to two years, continuing to emphasize traditional deposit gathering and lending activities amid stable regional banking conditions.