Simple Interest Loans¹

Buy a car, boat, finance a remodeling project - this is the most user-friendly consumer loan you will ever experience.
Make your payments any day of the month without penalty.

• Competitive Interest Rates
• No pre-payment penalty
• Pay any day, as long as you make at least one payment each calendar month. Interest continues to accrue to the date of each payment.

Prime Reserve¹

In an emergency or accidental overdraft, Prime Reserve can be a lifesaver. Just write a check and write yourself a loan.

• Get an automatic line of credit built into your checking account to cover overdrafts.
• Write yourself an instant loan, anywhere, anytime.
• Use your own checks or make a loan direct from your reserve account with special Prime Reserve checks.
• Funds advanced to your checking account in just the right amount.

Prime Reserve Plus¹

This has all of the advantages of Prime Reserve, plus larger lines of credit are available at lower interest rates. The variable interest rate you pay is based on the amount of the credit line approved and is tied to the prime rate.

Equity Line¹

One of your biggest assets, your home, could qualify you for up to $1,000,000 of revolving credit. And there is not better value than a Waccamaw Bank Equity Line.

• Get back the equity in your home - up to $1,000,000.2
• To access your equity line, just write a check.
• Interest rates are tied to the current Prime Rate.2
• Much, or all, of your interest may be tax deductible.3

1. Normal credit approval applies for all credit products.
2. Equity Line loans may not exceed (i) your equity in your home, (ii) 80% of the value of your home (when added to all other mortgages on your home), or (iii) $1,000,000, whichever is less. Equity Line has a 4% interest rate floor.
3. Consult your tax advisor regarding interest deductibility.