Bank Branches › Closed and merged banks › South Carolina › Carolina Federal Savings Bank
What happened to Carolina Federal Savings Bank?
Carolina Federal Savings Bank in Charleston, SC (earlier called Sacred Heart of Charleston, SC Federal Credit Union) failed, and Bank of North Carolina of Thomasville, NC took it over on Jun 8, 2012. After 1 more change of hands, what was Carolina Federal Savings Bank is today part of Pinnacle Bank (Nashville, TN).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1960Sacred Heart of Charleston, SC Federal Credit Union opens in Charleston, SC
- laterrenamed Carolina Federal Savings Bank
- Jun 8, 2012FAILEDCarolina Federal Savings Bank failed, and Bank of North Carolina of Thomasville, NC took it over.FDIC certificate 35372 ends; its business continues under certificate 33527.
- Jun 16, 2017MERGEDBank of North Carolina of Thomasville, NC merged into Pinnacle Bank of Nashville, TN.FDIC certificate 33527 ends; its business continues under certificate 35583.
- TodayOPEN
Pinnacle BankMain office Nashville, TN · FDIC certificate 35583 · 389 offices in 9 states on June 30, 2026Every Pinnacle Bank office → Website on file with the FDIC: www.pnfp.com
If you still have something from Carolina Federal Savings Bank
A lien that was never released
Carolina Federal Savings Bank failed on Jun 8, 2012. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Pinnacle Bank, which is worth asking too.
Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Bank of North Carolina). Start with Pinnacle Bank, and ask them to search under the name Carolina Federal Savings Bank.
For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Pinnacle Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
3 offices filed under this charter in some year from 1994 on. None is still reporting as of June 30, 2026.
| Office | Now |
|---|---|
| 4 Carriage Lane, Suite 101Charleston, SC | No longer reported |
| 1509 N Highway 17Mount Pleasant, SC | No longer reported |
| 315 Calhoun Street, Suite 102Charleston, SC | No longer reported |
Banks folded into Carolina Federal Savings Bank
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| Roper Federal Savings BankCharleston, SC | Mar 1, 2001 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 35372 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.