The corner of Broad and East Bay traces its roots to Charleston’s founding and was a prime location from the Carolina colony’s very beginning.
Designated as Lot 13 on the Grand Modell, the site was granted to Jacob Waite in 1680. Waite died in 1690 and part of the lot was acquired in 1696 by wealthy Goose Creek planter, Benjamin Schenckingh who is best remembered for taking part in the peaceful overthrow of the Proprietary government in 1719.
The original two story building at various times housed a watchmaker, grocer, druggist, bookbinder and stationer before becoming a bank.