Our Mission & Values
Our mission is to serve our customers and improve our community by providing sound banking with integrity — the way banking should be.
For over 115 years, our customers have been our number one priority — and you always will be. We’ll continue to offer personal and business banking solutions that are built for your needs, not ours. Our team of professionals is dedicated to our community because we not only work here, we live here. That’s the advantage of a local bank, and it’s the way banking should be.
Dr. G.A. Neuffer, a founder and First President
We’ve served the banking needs of Abbeville County longer than any other financial institution. During that time, we’ve made more home loans than all other banks combined. Customers turn to us for the same services found at larger banks but with a level of personal service you won’t find anywhere else. And we’re dedicated to moving our community forward — we give financial support and are actively involved in the causes that make Abbeville County a better place to live, work, and raise our children.
Our History
The Beginning
Our First Building
Abbeville First Bank was organized on April 24, 1907, under the name of the Building and Loan Association of Abbeville. The assets at the time were only a few hundred dollars. The principal objective of the association was to encourage the common person to save money monthly for the purpose of building or buying a home. Deposits were made rigorously on a monthly basis by shareholders to help build enough funds for at least one of them to buy or build a home. Previously, banking had been limited to only those with wealth and assets that needed protection. Homeownership was rare, and renting was common.
The Early Years
The Association opened the doors to the accumulation of savings and the pride of homeownership to all of Abbeville’s citizens. You could say that the business was primarily “neighbors helping neighbors.” By May 11, 1910, three years after its inception, twenty-seven families in Abbeville called themselves homeowners because of membership in the Association.
Moving into our new building in 1965.
The institution later changed its name to Abbeville Savings and Loan and was touching the lives of everyone in Abbeville County. It has made homeownership possible for thousands of families in the Abbeville region of South Carolina. Depositors have amassed funds for home building or purchase, college education, retirement, and much more.
Building renovations in 2021.
In 1987 the Bank doubled the size of their facility on South Main and had grown to over $36 million in assets. In 2013, the name changed to Abbeville First Bank in order to better reflect the business it was doing; personal and business checking, savings, CDs and IRAs, home loans and business loans. By 2016 we had reached $75 million in assets and we saw the opening of our Calhoun Falls office to serve what was an underserved community. Now, at over $120 million in assets, we are well positioned to serve our community and see it continue to grow.
