Every state bank which is not a member of the Federal Reserve System shall maintain the same reserves against deposits as required for a state bank which is a member of the Federal Reserve System. These reserves must be maintained in the same kind of assets as required for member banks.
Reserve requirements of state banks
S.C. Code Ann. § 34-9-130, under Title 34, Chapter 9.
S.C. Code Ann. § 34-9-130