Local News

FDIC Steps in to Secure 2 Failed Banks in NC, SC

CHARLESTON, S.C. (AP) _ Banking regulators are closing one small bank in South Carolina and another in North Carolina.

The Federal Deposit Insurance Corp. on Friday took over Carolina Federal Savings Bank of Charleston, S.C., and sold most of the assets to Bank of North Carolina, based in Thomasville, N.C. The closed bank’s two branches will reopen Monday under the name BNC Bank.

Legislative Wrap Up

COLUMBIA, S.C. (AP) _ Legislative measures to hire more judges, give non-violent offenders another chance and provide a free vaccine to seventh graders are among those that made it to the finish line in the South Carolina Legislature.