Customer Alert on IRS Reporting Proposal

To Our Dear Customers,

We care about you, your finances, and your account with our community bank, so we want to let you know about a concerning proposal taking shape in Washington. If passed, the proposal would require financial institutions like ours to report the inflows and outflows on personal and business accounts to the IRS.

Recent Independent Community Bankers of America polling conducted by Morning Consult found that 67 percent of voters oppose the proposal, which would be an excessive government intrusion that could hurt small businesses by double-taxing their income.

If you want to make your voice heard by policymakers or learn more about this proposal, visit We value your business and privacy and want to make sure you have all the information you need regarding your finances and your money.

Please let us know if you have any questions. We look forward to continuing to serve you and our community.


Andy Timmerman
Bank CEO/President

Abbeville First Copes with Building Concerns

Abbeville First CEO Andy Timmerman remembers how he found out about the structural concerns facing the building which the bank has for years called home.

“About three weeks ago employees and customers heard a loud noise in the lobby area. Loud enough that they thought a car had hit the building. But they could not find any damage. When I returned to the office and they described the noise I decided to check out the attic. That is when I noticed a couple boards were snapped apart.”

Timerman knew something had to be done.

“At first I thought about calling a contractor to take a look but in thinking about what had recently happened to that condo in Florida I called Keith Dunn with Dunn and Shirley Engineering,” Timmerman said. “He referred me to Brian Robertson, a structural engineer in Greenwood. Robertson, along with specialty contractor Phil Keown, inspected the trusses in the attic and recommended we evacuate the lobby area immediately, in which we did.”

The building was further inspected by the Abbeville County Building Inspector, City Zoning Manager, and County Fire Marshal along with a South Carolina Deputy Fire Marshal.

“It was decided that we needed to vacate the drive-through area as well but that the back portion of the building was safe to occupy,” he said.

Timmerman and company had to face a sobering truth. The Abbeville First bank had to cope with some structural issues afflicting the building in which it is housed.

“The prefabricated trusses across the lobby and teller areas are coming apart,” he said.

The Abbeville First bank building has been a mainstay of downtown Abbeville for years.

“The original building was built in 1965 and it was doubled in size in 1987,” he said. “It is the section built in 1987 that is the issue. The prefabricated trusses that were used to support the roof and hold the ceiling are coming apart. Numerous boards have snapped in two and the gussets connecting the joints have pulled out. The ceiling at its center point has dropped nearly six inches.”

Timmerman was asked how long it will take to correct the problem.

“The contractor has spent the past two weeks installing a temporary shoring system that had to be designed by the engineer. They have also removed all of the ceiling, lights, and installation. The engineer is finalizing the design to replace the support system through the lobby and interior teller area. We are hopeful, with the shoring in place, an inspection to be done soon will give us the okay to open back up the drive-through. It could take as much as three months to install the new support system over the lobby and bring that section back to its original condition. This is if we do not run into any unforeseen issues. Once the lobby is ready then we will have to close the drive-through back down so the trusses over it can be replaced.”

Besides closing the drive-through and the front lobby there have been other repercussions.

“We have set up temporary teller stations in our back loan department lobby and moved some folks to different offices. But all of our services are still operational and our Calhoun Falls office has been able to pick up some slack. The staff and customers seem to be taking it all in stride.”

“Our customers have been understanding and patient,” TImmerman said. “All of our employees have pitched in to make this difficult situation work. As we learned during the pandemic, a crisis will bring a good team together.”

Thanks to our friends at  The Press & Banner

Green, Henry (7/28/21). ‘Abbeville First copes with building concerns ’, THE PRESS AND BANNER and ABBEVILLE MEDIUM

NOW OPEN! Our Lobby & Drive-thrus are Ready to Serve You!

UPDATE December 29, 2021

Our lobby is fully open! There are still a few finishing touches needed but the lobby is back! We will be required to replace the roof structure over the drive thru lanes. This work will likely occur on January.

We appreciate all the patience and understanding you have shown during the last few months. It has been a challenge, but with our great contractors and the hard work of our wonderful staff we’ve been able to continue serving you through it all. We are looking forward to continuing to be here for you in the new year, with a new & improved lobby!


Construction Piggy

UPDATE October 5, 2021

We are continuing to work diligently to get the repairs reconstruction done to our lobby and drive-thru area.

We appreciate your patience during this time

UPDATE July 27, 2021

We will be temporarily opening our drive-thru at the Main office starting Monday, August 2nd. We will operate the drive-thru while the lobby is undergoing repairs. We anticipate this taking at least three months. Once our lobby is ready for business, we will close the drive-thru so repairs can be made on it. 

We appreciate your patience as we work towards resolving this.

July 1, 20021

At Abbeville First the safety of our employees and customers is always a priority.

Due to required emergency repairs, the lobby and drive-thru teller lanes of our Main Office at the Abbeville branch have been temporarily closed. 

Our Calhoun Falls location will not be affected and they are able to assist with your immediate teller needs.

For other banking activities and limited teller transactions you may enter through the secondary parking lot door.

You may still access your accounts by using our ATM and online banking.  If you are not currently using Abbeville First Online Banking we encourage you to register for this service at our Personal Online Banking site.  Business account owners please call the bank to set up Business Online Banking access.

We apologize for the inconvenience this situation is causing and hope we can return to normal operations soon.


Andy Timmerman

World Elder Abuse Awareness Day – June 15

June 15th was designated as World Elder Abuse Awareness Day by the International Network for the Prevention of Elder Abuse and the World Health Organization.
You, or someone you care about, could become the victim of this growing crime. Here at Abbeville First Bank, we are dedicated to spreading awareness about the devastating effects of elder financial exploitation.

What Is Elder Financial Abuse?

Elder financial abuse is estimated to have cost victims at least $2.9 billion last year alone. It’s a crime that deprives older adults as well the newly retired of their resources and ultimately their independence. Older Americans that may have disabilities or rely on others for help can be especially susceptible to scams and other fraud. Advances in technology and new tactics can also make it difficult for seniors to know whom to trust and what’s safe.
A very disturbing aspect of financial exploitation is that although scammers are undoubtedly a threat, an elder is more likely to be exploited by an individual they know such as an adult child, grandchild, or personal care assistant. Examples of this include the theft or improper use of an elder’s debit card, stolen and forged checks, and withholding or theft of their government benefits.
Anyone who sees signs of theft, fraud, misuse of a person’s assets or credit, or use of undue influence to gain control of an older person’s money or property should be on the alert.
One of the best ways we can all protect loved ones from becoming victims of exploitation is to simply be involved and do the following:
  • Call to check in
  • Ask if they need help
  • Tell them about scams targeting elders
  • Stop by for a visit

Tips for Seniors: How can you protect yourself?

  1. Plan ahead to protect your assets and to ensure your wishes are followed. Talk to someone at your financial institution, an attorney, or a financial advisor about the best options for you.
  2. Shred receipts, bank statements, and unused credit card offers before throwing them away.
  3. Carefully choose a trustworthy person to act as your agent in all estate planning matters.
  4. Lock up your checkbook, account statements, and other sensitive information when others will be in your home.
  5. Order copies of your credit report once a year to ensure accuracy.
  6. Never give personal information, including Social Security Number, account number, or other financial information to anyone over the phone unless you initiated the call and the other party is trusted.
  7. Never pay a fee or taxes to collect sweepstakes or lottery “winnings.”
  8. Never rush into a financial decision. Ask for details in writing and get a second opinion.
  9. Consult with a financial advisor or attorney before signing any document you don’t understand.
  10. Get to know your banker and build a relationship with the people who handle your finances. They can look out for any suspicious activity related to your account.
  11. Check references and credentials before hiring anyone. Don’t allow workers to have access to information about your finances.
  12. Pay with checks and credit cards instead of cash to keep a paper trail.
  13. Feel free to say “NO.” After all, it’s your money.
  14. You have the right not to be threatened or intimidated. If you think someone close to you is trying to take control of your finances, call your local Adult Protective Services (1-888-CARE4US (1-888-227-3487)) or tell someone at your bank.
  15. Trust your instincts. Exploiters and abusers often are very skilled. They can be charming and forceful in their effort to convince you to give up control of your finances. Don’t be fooled—if something doesn’t feel right, it may not be right. If it sounds too good to be true, it probably is.

What should you do if you are a victim of financial abuse?

  • Talk about it with a trusted family member who has your best interests at heart, or to your clergy.
  • Talk to your attorney, doctor, or an officer at your bank.
  • Contact Adult Protective Services or your local police for help.
  • To report suspected Abuse, Neglect, or Exploitation of a Vulnerable adult, call  1-888-CARE4US (1-888-227-3487).

Tips for Family and Friends:  What are the warning signs of financial abuse?

The key to spotting financial abuse is a change in a person’s established financial patterns. Watch out for these “red flags”:
  1. Unusual activity in an older person’s bank accounts, including large, frequent, or unexplained withdrawals.
  2. ATM withdrawals by an older person who has never used a debit or ATM card.
  3. Changing from a basic account to one that offers more complicated services the customer does not fully understand or need.
  4. Withdrawals from bank accounts or transfers between accounts the customer cannot explain.
  5. New “best friends” accompanying an older person to the bank.
  6. Sudden non-sufficient fund activity or unpaid bills.
  7. Closing CDs or accounts without regard to penalties.
  8. Uncharacteristic attempts to wire large sums of money.
  9. Suspicious signatures on checks, or outright forgery.
  10. Confusion, fear, or lack of awareness on the part of an older customer.
  11. Shame or reluctance to talk about the problem.
  12. Checks written as “loans” or “gifts.”
  13. Bank statements that no longer go to the customer’s home.
  14. New powers of attorney the older person does not understand.
  15. A caretaker, relative, or friend who suddenly begins conducting financial transactions on behalf of an older person without proper documentation.
  16. Altered wills and trusts.
  17. Loss of property.

What should you do if you suspect financial abuse?

Talk to elderly friends or loved ones if you see any of the signs mentioned here. Try to determine what specifically is happening with their financial situation, such as a new person “helping” them with money management, or a relative using cards or credit without their permission.
  • Report the elder financial abuse to their bank and enlist their banker’s help to stop it and prevent its recurrence.
  • Contact Adult Protective Services or your local police for help.
  • To report suspected Abuse, Neglect, or Exploitation of a Vulnerable adult, call  1-888-CARE4US (1-888-227-3487).
  • Report all instances of elder financial abuse to your local police—if fraud is involved, they should investigate.
More information about elder abuse and scams:

3 Benefits of a Fixed Rate Mortgage Loan

If you’re in the home buying market, you’ve probably been inundated with information about your mortgage options. At a certain point all of the finance terminology starts to sound like a foreign language.

Thankfully, you don’t need to be overwhelmed when it comes to understanding a fixed rate mortgage. One of the most straightforward loans, many home buyers opt for this option due to their security and transparency. Here are a few benefits to consider when deciding if a fixed rate loan is best for you and your family.

  1. Lock in Your Interest Rate
    When you get a fixed rate loan from Abbeville First, the interest rate (the percentage you pay your lender in exchange for the loan) that you qualify for at the time of closing remains the same throughout the life of the loan. This means that even if interest rates increase, your mortgage payment stays the same every month.
    For families or individuals on a budget, this is a huge benefit of having a fixed rate loan. When you know exactly what you’re paying each month, budgeting and building a savings becomes easier.
  2. Transparent Loan Terms
    Many buyers opt for fixed rate loans due to their easy-to-understand terms and conditions. When shopping for a mortgage, a lot of the terms you’ll hear may sound overwhelming if you’re not familiar with the industry.
    Fixed rate loans are upfront with their terms and repayment schedule, and often come with an amortization schedule at closing. This schedule outlines each month’s payment, how much will be allocated towards principal (the original amount that you borrow) and interest, and exactly how much longer it will take to pay off the loan.
  3. Pay Towards Principal
    Since Abbeville First Bank doesn’t have any prepayment penalties, you have the option of paying extra money towards your principal each month. Even an amount as small as an extra $10.00 per month can help you make huge strides towards taking months, or even years, off your mortgage.


Ready to take the next step? Get pre-qualified for a Fixed Rate Mortgage today!

Coronavirus COVID19 Stimulus Checks

Economic Impact Payments

The IRS and the Treasury Department have begun delivering a second round of Economic Impact Payments (stimulus check) for qualifying individuals as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021.

You can check the status of your economic impact payment (stimulus check) through

Frequently Asked Questions about the Stimulus Checks:

How will I get my payment?

If you are eligible to receive a payment, you will receive it in one of three ways:

    • By automatic deposit into the bank account reflected or reported on your 2019 or 2018 tax return.
    • If you have not given the IRS your direct deposit account information in the last two years you will receive a paper check from the US Treasury.
    • Note: During the last round of stimulus checks we learned that if you used a tax preparer who offered “instant” refunds, it is possible your paper check went there. You will need to contact your tax preparer for more information.
    • Instead of receiving a paper check, some customers will receive a prepaid card in the mail.

When will I get my payment?

Per the IRS and Treasury Departments, direct deposit payments may have begun appearing as “pending” in some accounts, however funds will not be available before Monday, January 4, 2021.
You might want to set up a direct deposit alert through your account online to be notified by text or email when you receive direct deposits. 

Paper checks with the pay date of Wednesday, January 6, 2021, began to be mailed on Wednesday, December 30, 2020. If you receive your check before the designated date you will not be able to cash or deposit it until the date displayed.


I received a check, now what?

Our lobby is open and ready to serve you! However, if you would rather keep a little more distance, you can make your deposit in our drive-thru. Don’t want to leave home? It is easy to deposit your check with our mobile banking app! 

Download our Android App | Download our Apple App

Why haven’t I gotten my payment yet?

We have no control over when you receive your payment (if it were up to us you would have it already). To learn more about eligibility and to check on your payment, visit


How can I protect myself from scammers or fraud?

If you receive a suspicious email or text message, don’t respond, click on links, or open attachments! Please know that we will never ask for your confidential information (such as your card PIN, access code, or online banking password) if we reach out to you.

Should I visit the bank or call for additional information?

While it is always a pleasure to see and speak with you, our employees will not have access to the status of your economic impact payment. 

We encourage you to access your account online as a first choice for viewing account information. We will provide more information as it becomes available. In the meantime, please check for more information.

Our Lobby Is Open

As of May 11th our lobby has been open for regular business. To ensure the safety of our customers and employees we are using the following guidelines:

Abbeville Main Office

    • 9:00 to 9:30 lobby opened only for customers age 60 & older and those at high risk
    • All Frontline employees will be wearing a mask
    • All customers are encouraged to wear a mask (Disposable masks are available)
    • All customers will be asked sanitize their hands when entering
    • All customers will follow social distancing measures (floor markings)
    • No more than four customers will be allowed in lobby at a time

Calhoun Falls Branch

Lobby will remain closed

Abbeville First Announces Lobby Closure


***Update: The Abbeville Office Lobby is Open***



~Original Post Below~

Dear Valued Customer,

Abbeville First Bank wants to do whatever we can to assist our local, state, and federal health officials in stemming the spread of the coronavirus while still providing needed services to our customers.  To this end, beginning 1:00 PM on Thursday March 19th, the lobbies in our Abbeville and Calhoun Falls locations will be closed to the public.  Our Drive-Thrus will remain open for normal business hours.

Access to financial service providers within the Abbeville office may be obtained on a limited basis by appointment only.  Please call 864-366-2158 during regular business hours to make an appointment.  The Calhoun Falls lobby will not be open

You may still access your accounts by using our Drive-Thurs during regular business hours, our ATMs and online banking.  If you are not currently using Abbeville First Online Banking we encourage you to register for this service at our Personal Online Banking site.  Business account owners please call the bank to set up Business Online Banking access.

Please! Do not consider coming to the Bank, or anywhere public, if you exhibit any signs of not feeling well.  Visit the CDC website for more information.

The health and welfare of our customers, employees, and community are of the upmost importance to us.  We apologize for the inconvenience this situation is causing and hope we can return to normal operations soon.


Andy Timmerman

COVID-19 Announcement

We at Abbeville First Bank understand the concerns, worries and stress everyone is feeling in the community.  We are right here with you.  We all need to do our part to try to “Flatten the Curve”.  We ask our customers to limit their lobby visits by using our Drive-Thrus, ATMs (disinfected often), and online banking at our Online Services Page.

To help alleviate the stress, upon request we will defer the loan payments on any small business loans for the month of April and May.  If you have a consumer or mortgage loan and you have had a significant loss of income due to the virus crisis, we will defer your April and May payments upon request. Just call and ask.

Abbeville First’s only concern is the well-being of the community it serves, Abbeville.  We ask everyone to do their part: following the advice of the Centers for Disease Control, limit your exposure, check on your neighbors, and pray for a speedy recovery of our community, state, and nation.

Abbeville First Supports the Burton Center

Abbeville First is happy to make a donation to the Burton Center in support of the wonderful services that they provide to residents with disabilities and special needs within the Greenwood, Abbeville, Edgefield, McCormick, Saluda, and Laurens County areas.

Pictured here are (right to left) Mark Meyers, Ashley Bonds, Mike Campbell, Burton Ctr. Interim Exec. Director Laurie Cordell, and Antonio Belcher.