Anderson Brothers Bank is a South Carolina-based FDIC-insured community bank serving since 1933, offering checking, savings, personal loans, auto loans, and mortgages across 26+ locations.
Data compiled from public sources · Rating from CreditDoc methodology
Anderson Brothers Bank was founded in 1933 in Mullins, South Carolina, and has grown from a single Main Street office to over 26 branch locations across the Pee Dee, Coastal, and Low Country regions of South Carolina. The bank operates in Marion, Florence, Dillon, Horry, Georgetown, Dorchester, and Williamsburg counties, with a loan production office in Sumter. As an FDIC-insured institution, deposits are backed by the full faith and credit of the U.S. Government.
Anderson Brothers Bank offers a comprehensive suite of consumer banking products including rewards checking accounts, savings accounts, certificates of deposit, personal loans for debt consolidation and unexpected expenses, auto loans with hassle-free applications, and mortgage lending for home purchases. The bank emphasizes quick solutions and accommodates borrowers with low-credit options through a centralized lending process. They also provide business banking services tailored for small and growing businesses, plus online and mobile banking platforms for 24/7 account access.
The bank positions itself as community-focused and award-winning, with experienced mortgage officers and a stated commitment to financial education and fraud awareness. Their online banking platform allows customers to view account balances, review recent transactions, check images, and perform various financial tasks remotely. The mobile banking app extends these capabilities for on-the-go access.
As a regional community bank, Anderson Brothers Bank's primary limitation is geographic—service is restricted to South Carolina. They do not appear to offer investment services, wealth management, or specialized financial products. The website does not provide specific details on interest rates, fees, loan terms, or APRs, requiring customers to apply or contact branches directly for pricing information.
Anderson Brothers Bank processed 496 mortgage applications in 2023, approving 87.7% of applicants across 2 states.
496
Applications
87.7%
Approval Rate
$203K
Avg Loan
2
States Served
Based on 496 applications. Income in thousands (reported by applicant).
Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.
Yes. Anderson Brothers Bank is a registered company, headquartered in Mullins, SC, founded in 1933.
Account opening typically takes 1-3 business days. Loan decisions vary by product.
CreditDoc Diagnosis
Anderson Brothers Bank is best suited for South Carolina residents and small business owners seeking traditional community banking with FDIC protection, local branch access, and competitive personal and mortgage lending. The primary caveat is geographic limitation to South Carolina and lack of transparent pricing information online—customers must contact branches directly for rates and fees before committing to products.
FDIC-insured South Carolina bank established in 1963, offering checking, savings, CDs, IRAs, and loan products with competitive rates and local community focus.
Best for: South Carolina residents seeking FDIC-insured deposit accounts with local banking relationships, Customers prioritizing relationship banking with experienced, long-tenured staff
Abbeville First Bank is a South Carolina-based community bank serving Abbeville County for over 115 years, offering personal and business banking with emphasis on local service and homeownership.
Best for: Abbeville County residents seeking local banking relationships and personalized service, Homebuyers in the region who value the bank's demonstrated mortgage lending expertise
Community bank with branches in South Carolina offering personal and business banking, loans, and financial literacy resources.
Best for: South Carolina residents seeking personalized relationship banking with local experts, Small business owners and entrepreneurs in the Lowcountry region looking for community-focused business lending
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