Farmers & Merchants Bank of Holly Hill was chartered by the State of South Carolina on an application dated October 23, 1912. The bank’s prosperity during the following years was a result of the fertile soil which was the foundation of a very stable agricultural economy. Necessary funds were made available in order that area farmers might finance their crops and livestock. During that period of the Bank’s growth, loans were made in the Spring and collected in the Fall when the crops were harvested.
The depression years of the 1930’s brought hard times to the area, but the Bank remained solvent. Its Board proudly points out that it was one of three banks in Orangeburg County to weather that financial crisis and remain open. With the coming of World War II, the economy of the area began to improve, and the Bank was again on the road to better times.
Today, under the name Farmers & Merchants Bank of South Carolina, the bank has eight offices and 100 years of experience to offer its customers. The areas served by the Bank are becoming more industrialized, thus providing more economic opportunities than in the years past when it had a predominately agricultural economy.
The Bank has remained a strong driving force in our community and prides itself in being a local, independent financial institution which desires to serve each customer as an individual. Our customers know us and we know them.
The Bank, with this fact in mind, is firmly committed to continued economic progress and looks forward to the future with faith and confidence in the people and resources of the area it serves.