Southern Financial Corporation Overview
Pro stress-test →Southern Financial Corporation is a holding company for Southern Bank that provides personal and business checking accounts, savings and money market accounts, certificates of deposit, mortgages, business lending services, and digital banking solutions. The company operates with consolidated assets of approximately $360 million and trades on the OTC Market under ticker SFCO.
Strategic Profile
Pro stress-test →Southern Bank operates in 8 locations across the Spartanburg, Greenville, Aiken and Myrtle Beach markets of South Carolina as well as Sardis, Waynesboro, Hephzibah and Gibson markets of Georgia. In November 2025, the company entered into a definitive agreement to sell its four Georgia branches to Palmetto Citizens Federal Credit Union, with Southern Bank continuing to operate as an independent community bank focused on South Carolina markets.
Competitive Landscape
Pro stress-test →Southern Financial competes with regional community banks and credit unions across South Carolina and Georgia, including larger regional players like Synovus and regional credit unions such as Palmetto Citizens. The company's smaller scale and OTC listing position it primarily within the community bank segment rather than competing directly with national banking platforms.
Industry Context
Southern Financial Corporation operates in Community Banking.
Key facts
Founded: 1945 · Headquarters: Spartanburg, SC · Employees: N/A · Revenue: N/A · Market cap: N/A