Our South Carolina Footprint
Our impact in South Carolina starts with direct engagement in local communities.
Bank of America in 2020 made a $1 billion, four-year commitment to advance racial equality and economic opportunity, of which $50 million is dedicated to support minority depository institutions (MDIs) and community development financial institution (CDFI) banks. As part of that commitment, the company made an equity investment in Columbia-based Optus Bank, a 100-year-old, African American-founded institution. The investment will support lending, housing, neighborhood revitalization, and other banking services in the local community. Read More
The Beaufort-Jasper Water and Sewer Authority in 2019 issued $52.6 million in municipal bonds, underwritten by Wells Fargo. The bonds are funding the capacity expansion of the Purrysburg Water Treatment Plant, the extension of the water main on Bluffton Parkway, the installation of the transmission main on North Street in the City of Beaufort and to upgrade the Cherry Point pump stations.