Arthur State Bank celebrates 90 years of service to the Upstate communityApril 7, 2023
April marks a significant milestone for Arthur State Bank as the community bank celebrates its 90th anniversary. Founded in 1933 in Union, South Carolina, Arthur State Bank has been a trusted financial partner for generations of families and businesses. Over the nine decades, Arthur State Bank has remained committed to providing exceptional service and innovative banking solutions.
Arthur State Bank was established during the Great Depression when many banks failed, and communities were left without access to financial services. Its founder, Major General Harry M. Arthur, originally owned a chain of department stores before he saw a need for banks in the Upstate community. He went to his father, a retired banker, and asked him to come out of retirement to be the secretary and treasurer of the bank, and Harry Arthur would be the chairman and president. As the bank moved through the generations, it grew and added services to serve its customers better. In the late 1980s, Arthur State Bank expanded into larger markets such as Spartanburg, Greenville, Columbia, and Rock Hill.
“Through my time at the bank, we have seen major developments in the banking industry. With technological and financial changes, we have gone from having to physically go into banks, now all of your banking needs are on your phone,” said Carlisle Oxner, III, chairman of Arthur State Bank. “Arthur State Bank provides their customers with many of the big bank services. I would say our bank provides better service than the national banks to our customers because we have employees in our customers’ communities that are dedicated to assisting with every financial need.”
With 18 branches throughout South Carolina, the bank has become a cornerstone of the communities it serves despite challenging economic conditions. Over the years, the bank has grown and expanded while maintaining its core values of integrity, customer service, and community involvement. Arthur State Bank prides itself on its lasting relationships with its customers and employees by offering safe, world-class financial services that help the customers and the bank prosper. These financial services include simple, quick mortgage applications, trust and wealth management, business loans, and more.
“Being a family-owned community bank means we care more about our customers and our reputation than some larger banks,” said Oxner. “We’re very close to the communities we serve, and I think those communities depend on us. Our customers know that when they need financial help, we will be there for them. In 90 years, we have learned how to care for our customers. I want the bank to continue helping these communities and customers for another 90 years.”
The bank will celebrate its 90th anniversary throughout the year. Customers can visit any bank branch or website to learn more about events and special offers. Arthur State Bank offers various services, including personal and business banking, loans, mortgages, and investment services. For more information about Arthur State Bank and its 90th Anniversary celebration, please visit www.arthurstatebank.com.