Wells Fargo at top of deposit heap among banks in South Carolina

Wells Fargo established a big footprint in South Carolina after it bought Charlotte-based Wachovia Bank at the height of the financial crisis in 2008.

Wells Fargo remains by far the top bank in terms of deposits in South Carolina.

The San Francisco-based financial giant once again topped the government’s annual ranking based on that measure.

Wells Fargo had customer funds totaling $14.9 billion in its 139 South Carolina branches as of June 30, the Federal Deposit Insurance Corp. said in a new report. That represents an 8 percent gain from the 2014 midpoint and gave Wells Fargo a nearly 20 percent market share statewide.

Bank of America was in the No. 2 spot this year, with $11.6 billion.

Rounding out the top 10 deposit takers in South Carolina were:

BB&T, with $7.7 billion.

First Citizens, $6.8 billion.

South State Bank, $5 billion.

TD Bank, $3.7 billion.

NBSC owner Synovus Bank, $2.9 billion.

SunTrust Bank, $2.4 billion.

Regions Bank, $1,08 billion.

The Palmetto Bank, $978 million.

The report showed total federally insured deposits in South Carolina of $75.1 billion at 1,324 bank branches.