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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Failed Bank Information for BankMeridian, N.A., Columbia, SC

On Friday, July 29, 2011, BankMeridian, N.A. was closed by the Office of the Comptroller of the Currency. The FDIC was named Receiver. SCBT, National Association (N.A.) acquired all deposit accounts.

The FDIC as Receiver for BankMeridian, N.A., Columbia, SC has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on July 28, 2017 and has made all dividend distributions required by law.

Effective December 1, 2017, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.

Receivership Status

TERMINATED

Notice of Termination

Effective Date: December 1, 2017


Notice of Intent to Terminate

Publication Date: July 28, 2017

Dividend Information

Report on dividends paid


Press Release

Official press release

cautionBeware of scams!

Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

caution

Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.

ACQUIRING INSTITUTION: SCBT, N.A.

About SCBT, N.A.

All deposit accounts, excluding certain brokered deposits, were transferred to SCBT, National Association (N.A.) ("assuming institution"). Former BankMeridian, N.A. locations reopened as branches of SCBT, N.A..

Your transferred deposits were separately insured from any accounts you may have already had at SCBT, N.A. for at least six months after the failure of BankMeridian, N.A..

You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with SCBT, N.A. as long as the deposits are not pledged as collateral for loans.

SCBT, N.A. has changed its legal name and is currently doing business as South State Bank.

Contacting South State Bank

You can contact South State Bank:

South State Bank
520 Gervais Street
Columbia, SC 29201

South State Bank (www.southstatebank.com)

Transaction Documentation

Purchase & Assumption Agreement - PDF (10.29 Mb)
Agreement between FDIC and acquiring institution

Bid Summary
Report on the bids to purchase the failed bank

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