Many retail banking services in South Carolina cater to the small business owner. Retail banks provide services that range beyond simply banking your money safely. Other services include issuing credit or debit cards, money orders and small business loans.

The right retail bank for your business should meet all your banking needs. Additionally, South Carolina banks should provide great customer service. This includes easy account access, management-level attention to your needs and knowledgeable, helpful representatives. Consider the following when selecting from retail banks in South Carolina:

1. You're looking for a financial partner, so make sure you pick a retail bank that can assist with all your current needs and keep up with you once you start to grow.

2. Read the fine print before you pick from retail banks in South Carolina. Each account has different interest rates and minimum account balances. Know what you're getting in to.

3. Choose from reputable retail banks of South Carolina; check with your accountant, lawyer, or local chamber of commerce for their referrals.

Action Steps
The best contacts and resources to help you get it done

Ask retail banks in South Carolina about their business packages

Small business packages are often available from retail banks of South Carolina. These packages include discounts on business term loans, business credit cards with a rewards system, and free small business credit consultation. Compare packages and see which banks in your area have the most to offer.

I recommend: The Bank of South Carolina and First Reliance Bank offer retail banking in South Carolina, so be sure to check out their business banking packages.

Choose from national banks in South Carolina if you need to take your banking on the road

Retail banking in South Carolina varies in products and services. On one hand, many local banks offer superior, personalized customer service. On the other, partnering one of many federal banks in South Carolina gives you better access to your account if travel, do business with vendors from out of state, or plan on expanding your business.

I recommend: Bank of America and Citibank have branches located throughout the United States, so you can access your account from anywhere. You might enjoy the wide range of services, competitive business packages and national reach of these retail banks.

Opt for South Carolina banks that let you access your account online

South Carolina online banks will also have brick and mortar branches, staffed with service reps if you need to talk to somebody in person. Online tools are invaluable to the busy small business owner. Not only can you access your balance online, you can transfer funds, pay bills and sometimes even apply for a small business loan through a bank's website.

I recommend: Carolina First Bank has an array of internet banking services. The Palametto Bank offers direct deposit payroll, originate automatic drafts, and EFT tax payments in their list of online small business services.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Before you choose South Carolina retail banking services, arrange to meet with a bank's manager. By doing this, you can determine if the bank understands the needs of a growing business.