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South Carolina Savings Rate Trends

Florence, South Carolina (SC) Savings Rates - March 2026

The best savings rates for Florence, South Carolina and the surrounding area include PNC BankPNC Bank8810 Us Highway 42, Florence, KY 41042A5.0 ★Texas Ratio: 6.83% PNC High Yield Savings® at 3.25% APY, Sharonview Federal Credit UnionSharonview Federal Credit Union1921 W Palmetto St, Florence, SC 29501 3916A5.0 ★Texas Ratio: 11.73% High-Yield Savings Account at 3.20% APY, SCI Federal Credit UnionSCI Federal Credit Union812 2nd Loop Rd, Florence, SC 29505 2828A+5.0 ★Texas Ratio: 0.38% Traditional IRA Share Account at 2.52% APY, Palmetto First Federal Credit UnionPalmetto First Federal Credit Union1722 Gregg Ave, Florence, SC 29501A+5.0 ★Texas Ratio: 5.97% IRA Share Account at 0.80% APY, and Pee Dee Federal Credit UnionPee Dee Federal Credit Union305 W Pine St, Florence, SC 29501A+5.0 ★Texas Ratio: 0.02% Regular Share Savings IRA- Savings at 0.40% APY. Savings rates as of March 28, 2026 according to verified data from MonitorBankRates.

To see how these savings rates in Florence, South Carolina, and the surrounding area, compare, use our comprehensive tables below for side-by-side comparisons to find the best savings rates available. Rates in Florence, South Carolina (SC) are continually updated — we recommend checking back frequently.

Savings rates reflect recent market quotes and representative offers available to depositors in Florence, South Carolina and the surrounding area. Last Updated and Verified: March 28, 2026

Compare the Best Savings Rates in Florence, South Carolina & Surrounding Communities

Source: Verified Savings Rate Data provided by MonitorBankRates
Institution
Product
APY
Min Deposit
Profile
PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
PNC High Yield Savings®
3.25%
$0
Rate3.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Sharonview Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.73%
1921 W Palmetto St, Florence, SC 29501 3916
High-Yield Savings Account
3.20%
$0
Rate3.15%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SCI Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.38%
812 2nd Loop Rd, Florence, SC 29505 2828
Traditional IRA Share Account
2.52%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SCI Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.38%
812 2nd Loop Rd, Florence, SC 29505 2828
Roth IRA Share Account
2.52%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SCI Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.38%
812 2nd Loop Rd, Florence, SC 29505 2828
Coverdell ESA IRA Share Account
2.52%
$0
Rate2.50%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SCI Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.38%
812 2nd Loop Rd, Florence, SC 29505 2828
Prime Share Account
1.26%
$0
Rate1.25%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$5,000.00 and above Quarterly Minimum Balance

Sharonview Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.73%
1921 W Palmetto St, Florence, SC 29501 3916
Health Savings Account (HSA)
1.00%
$0
Rate0.99%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
IRA Share Account
0.80%
$0
Rate0.80%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Vacation Club/Santa Savings
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Prime Shares
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Share Draft
0.75%
$0
Rate0.75%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
IRA Share Account
0.70%
$0
Rate0.70%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Vacation Club/Santa Savings
0.70%
$0
Rate0.70%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Share Draft
0.70%
$0
Rate0.70%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Prime Shares
0.70%
$0
Rate0.70%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
IRA Share Account
0.60%
$0
Rate0.60%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Share Draft
0.60%
$0
Rate0.60%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Prime Shares
0.60%
$0
Rate0.60%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Palmetto First Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.97%
1722 Gregg Ave, Florence, SC 29501
Vacation Club/Santa Savings
0.60%
$0
Rate0.60%
Min Deposit$0
Min Balance
UpdatedMar 24, 2026
Details

Pee Dee Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.02%
305 W Pine St, Florence, SC 29501
Regular Share Savings IRA- Savings
0.40%
$0
Rate0.40%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

South Carolina State Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.29%
1504 N Cashua Dr, Florence, SC 29501
IRA Savings
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Pee Dee Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.02%
305 W Pine St, Florence, SC 29501
Regular Share Savings Money Market Checking
0.30%
$0
Rate0.30%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SCI Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.38%
812 2nd Loop Rd, Florence, SC 29505 2828
Prime Share Account
0.25%
$0
Rate0.25%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$0.01 to $5,000.00 Quarterly Minimum Balance

Anderson Brothers Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.06%
501 2nd Loop Rd, Florence, SC 29505
Regular Savings Account
0.25%
$50
Rate0.00%
Min Deposit$50
Min Balance
UpdatedMar 24, 2026
Details

Pee Dee Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.02%
305 W Pine St, Florence, SC 29501
Regular Share Savings & Above
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$500.01

Pee Dee Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.02%
305 W Pine St, Florence, SC 29501
Regular Share Savings Christmas Club
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Pee Dee Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.02%
305 W Pine St, Florence, SC 29501
Regular Share Savings Petey's Kids Club
0.20%
$0
Rate0.20%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Nucor Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.73%
1202 N Cashua Dr, Florence, SC 29501
IRA Shares
0.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Nucor Employees Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.73%
1202 N Cashua Dr, Florence, SC 29501
Shares
0.20%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

SAFE Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.35%
1319 2nd Loop Rd, Florence, SC 29505
Coverdell Education Savings
0.15%
$1
Rate0.00%
Min Deposit$1
Min Balance
UpdatedMar 28, 2026
Details

SAFE Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 7.35%
1319 2nd Loop Rd, Florence, SC 29505
Flexible Savings
0.15%
$0
Rate0.00%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Sharonview Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 11.73%
1921 W Palmetto St, Florence, SC 29501 3916
IRA Share/Savings
0.15%
$0
Rate0.15%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

$500 minimum average daily balance4

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.05%
$25
Rate0.05%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Retirement High Yield Savings
0.05%
$0
Rate0.05%
Min Deposit$0
Min Balance
UpdatedMar 22, 2026
Details

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
Standard Savings
0.03%
$0
Rate0.03%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.02%
$25
Rate0.02%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

PNC Bank
Institution Rating:
A5.0 ★Texas Ratio: 6.83%
8810 Us Highway 42, Florence, KY 41042
Standard Savings
0.02%
$0
Rate0.02%
Min Deposit$0
Min Balance
UpdatedMar 28, 2026
Details

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Platinum Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.; $25 minimum opening deposit

Wells Fargo
Institution Rating:
A5.0 ★Texas Ratio: 7.44%
408 S Irby St, Florence, SC 29501
Way2Save® Savings
0.01%
$25
Rate0.01%
Min Deposit$25
Min Balance
UpdatedMar 22, 2026
Details

$25 minimum opening deposit

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
6666 Industrial Rd, Florence, KY 41042
High-Yield Savings
3.55%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 27, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

Movement Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.72%
9726 Old Bailes Rd, Fort Mill, SC 29707
Movement Rewards Savings
3.05%
$100
Rate0.00%
Min Deposit$100
Min Balance
UpdatedMar 28, 2026
Details

Qualifications Required: Have an open Movement Rewards Checking Account or; Minimum daily balance of $15,000 in the Movement Rewards Savings account; Digital statements must be activated; Qualifying balance up to $50,000.00

The Huntington National Bank
Institution Rating:
A+5.0 ★Texas Ratio: 4.60%
6666 Industrial Rd, Florence, KY 41042
High-Yield Savings
2.98%
$5,000
Rate0.00%
Min Deposit$5,000
Min Balance
UpdatedMar 27, 2026
Details

Minimum of $5,000 not currently deposited at Huntington.

First Piedmont Federal S&L of Gaffney
Institution Rating:
A+5.0 ★Texas Ratio: 1.46%
1229 W Floyd Baker Blvd, Gaffney, SC 29341
Statement Savings
1.77%
$0
Rate1.75%
Min Deposit$0
Min Balance
UpdatedMar 26, 2026
Details

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice.

Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.

Florence, SC Savings Rate Trends

Compare local Florence, SC savings rate quotes against the statewide average

Weekly savings rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full South Carolina Savings Trends →
High-Yield Savings — SC Avg
0.233%
▼ 1.031 from last week

South Carolina high-yield savings rates fell 1.031 points this week to 0.233% APY, down from 1.264% last week.

Standard Savings — SC Avg
0.510%
▼ 1.282 from last week

South Carolina standard savings rates fell 1.282 points this week to 0.510% APY, down from 1.792% last week.

As of Mar 29, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Methodology & Data Sources

Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Florence, South Carolina directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.

Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Florence, South Carolina. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to large national institutions available to savers in SC.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.

Frequently Asked Questions about Savings Accounts in Florence, South Carolina

What is a High-Yield Savings Account (HYSA)?

A High-Yield Savings Account (HYSA) typically pays significantly higher interest than standard accounts at national brick-and-mortar banks. These accounts, often found at online banks or local credit unions in South Carolina, help your money grow faster through a higher APY.

Are savings accounts in Florence, South Carolina safe?

Yes, as long as the institution is FDIC insured (for banks) or NCUA insured (for credit unions). This provides federal protection for your deposits in South Carolina up to $250,000 per depositor, per institution.

How often do savings rates change in Florence, South Carolina?

Savings rates are variable and can change at any time based on market conditions and Federal Reserve decisions. We update our local South Carolina rate tables daily to ensure you see the most current high-yield options.

Do I need a minimum deposit to open a savings account?

It depends on the bank. Many online high-yield savings accounts have no minimum deposit requirement, while some traditional banks in Florence, South Carolina may require $25–$100 to open an account.

What is the difference between a Savings Account and a Money Market Account?

Both pay interest and are federally insured. Money Market Accounts (MMAs) often come with check-writing privileges or a debit card, making them more flexible, whereas standard savings accounts typically do not.

Are online banks better than local banks in Florence, South Carolina?

Online banks often offer higher APYs because they have lower overhead costs. However, local banks in Florence, South Carolina offer in-person customer service, which some customers prefer.

How do I open a savings account in Florence, South Carolina?

You can open a savings account online or in-person. You will generally need a government-issued ID, your Social Security number, and an initial deposit to get started.

Best Savings Rates in Florence, South Carolina

Here are recent savings rates observed in Florence, South Carolina and the surrounding area:
  • PNC Bank
    PNC High Yield Savings® — 3.25% APY
  • Sharonview Federal Credit Union
    High-Yield Savings Account — 3.20% APY
  • SCI Federal Credit Union
    Traditional IRA Share Account — 2.52% APY
  • Palmetto First Federal Credit Union
    IRA Share Account — 0.80% APY
  • Pee Dee Federal Credit Union
    Regular Share Savings IRA- Savings — 0.40% APY
Savings Rates reflect actual verified offers from banks and credit unions actively accepting deposits in Florence, South Carolina. Your final available rate may depend on deposit amount and daily market movements. Last Updated and Verified: March 28, 2026