Act now! Send a message to your state Senator and Representative and tell them South Carolina’s local governments deserve to choose where they bank. Let’s make taxpayer dollars work harder—right here at home.
It's time to create a free market that encourages competition for public deposits. By supporting the South Carolina Financial Freedom Act, you’re advocating to allow local governments and other public entities to make taxpayer dollars work harder, go further, and do more for our communities.
South Carolina’s communities deserve the choice to keep our taxpayer dollars local. With big banks closing over 200 local branches in the last decade, credit unions have stepped up and continued to open new branches, yet current laws limit their ability to serve us.
Nearly 78% of all deposits in South Carolina are sent to big, out-of-state banks. Allowing public deposits in credit unions would keep our money in our communities.
Join us in urging lawmakers to expand access to credit unions for public deposits and empower South Carolina’s local governments to bank where it benefits their communities most.