GrandSouth Bank

GrandSouth Bank was established on September 8, 1998, in Fountain Inn, South Carolina. Initially operating under its original name, the bank moved its main office to 325 South Main Street in Fountain Inn on December 13, 1998. On January 21, 2000, GrandSouth Bank changed its classification to a State Chartered Bank, indicating that it was not a member of the Federal Reserve System. In a further development, the bank relocated its main office to 381 Halton Road in Greenville, South Carolina, on October 18, 2003. After nearly 14 years of operation, GrandSouth Bank changed its name to reflect its branding strategy on February 21, 2017. Ultimately, on January 1, 2023, GrandSouth Bank merged with First Bank, based in Southern Pines, North Carolina, marking the end of its independent operations.

Below is a list of some important events in banks history, including mergers and acquisitions.

1998-09-08Institution established. Original name: GrandSouth Bank.

1998-12-13Main Office moved to 325 South Main Street, Fountain Inn, SC 29644.

2000-01-21Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2003-10-18Main Office moved to 381 Halton Road, Greenville, SC 29606.

2017-02-21Changed Institution Name to GrandSouth Bank.

2023-01-01Merged and became part of First Bank in Southern Pines, NC.