Serving South Carolina

We invest in people and communities to create jobs and to support businesses and households.

Our South Carolina Footprint

6187

Employees

676.24 M

New Small Business Loans

2.91 B

Home Mortgage Originations

35.86 B

Total Deposits

Our impact in South Carolina starts with direct engagement in local communities.

Columbia

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

Beaufort

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.