Search company, investor...

Palmetto Heritage Bank & Trust

Submit Your Analyst Briefing

Founded Year



Acquired | Acquired

About Palmetto Heritage Bank & Trust

Palmetto Heritage Bank & Trust aims to serve the financial needs of individuals and businesses in Georgetown and Horrry Counties by offering financial services including personal, commercial, online banking, and trust & investments.

Headquarters Location

10919 Ocean Highway

Pawleys Island, South Carolina, 29585,

United States


Missing: Palmetto Heritage Bank & Trust's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Palmetto Heritage Bank & Trust's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Palmetto Heritage Bank & Trust News

First Citizens Bank Completes Merger With Palmetto Heritage Bancshares Inc., Palmetto Heritage Bank

Nov 1, 2018

| Source: First Citizens Bank RALEIGH, N.C., Nov. 01, 2018 (GLOBE NEWSWIRE) -- First-Citizens Bank & Trust Company (First Citizens Bank) announced that the merger of Palmetto Heritage Bancshares, Inc. (Palmetto Heritage) and its subsidiary, Palmetto Heritage Bank & Trust (Palmetto Heritage Bank), into First Citizens Bank is effective today (Nov. 1). The three Palmetto Heritage Bank branch offices will initially operate as Palmetto Heritage Bank, a division of First Citizens Bank. Customers should bank as they normally do at their existing branches. Palmetto Heritage Bank customer accounts will be converted to First Citizens Bank’s systems and new First Citizens signage will be installed at a later date. Frank B. Holding Jr., chairman and CEO of First Citizens Bank, said: “First Citizens and Palmetto Heritage are an excellent fit for one another and will be even better together as we strengthen our presence in coastal South Carolina. We look forward to serving Palmetto Heritage customers and leveraging our stability and robust product base so that, together, we can build on an already solid foundation.” On Oct. 29, the shareholders of Pawleys Island, S.C.-based Palmetto Heritage voted to approve the merger agreement with Raleigh, N.C.-headquartered First Citizens Bank. The merger was previously  approved by the Federal Deposit Insurance Corp., the North Carolina Commissioner of Banks and the South Carolina Board of Financial Institutions. Palmetto Heritage Bank customers should continue to use their current checks and cards. They will continue to have the same online and mobile access to their accounts. Customers with questions about their accounts can contact a representative at any of the Palmetto Heritage Bank division branches. For questions about First Citizens Bank, they can call the First Citizens Customer Care Center, 1.888.323.4732, between 7 a.m. and 11 p.m. Eastern time daily. The completed merger will complement First Citizens’ operations in coastal South Carolina. In addition to the three Palmetto Heritage Bank division locations in Pawleys Island, Mount Pleasant and Murrells Inlet, First Citizens operates 18 branches in Georgetown, Horry and Charleston counties and 135 branches throughout South Carolina. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers at more than 500 branches in 19 states. First Citizens Bank is a wholly owned subsidiary of First Citizens BancShares, Inc. (Nasdaq: FCNCA), which has $35 billion in assets. For more information, call toll free 1.888.FC DIRECT (1.888.323.4732) or visit First Citizens Bank. Forever First®. Barbara Thompson

Palmetto Heritage Bank & Trust Frequently Asked Questions (FAQ)

  • When was Palmetto Heritage Bank & Trust founded?

    Palmetto Heritage Bank & Trust was founded in 2005.

  • Where is Palmetto Heritage Bank & Trust's headquarters?

    Palmetto Heritage Bank & Trust's headquarters is located at 10919 Ocean Highway, Pawleys Island.

  • What is Palmetto Heritage Bank & Trust's latest funding round?

    Palmetto Heritage Bank & Trust's latest funding round is Acquired.

  • Who are the investors of Palmetto Heritage Bank & Trust?

    Investors of Palmetto Heritage Bank & Trust include First Citizens Bancshares.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.