Capital Investment Account (CIA)

First South Bank’s Capital Investment Account (CIA) allows you to invest excess funds from your checking account.

You can have your checking account linked to:

Commercial Line of Credit
If your account is linked to a line of credit, your CIA account will automatically transfer excess checking funds to pay on that line of credit, thereby reducing your interest expense. Click here for information on a Commercial Line of Credit.

An Investment Account
If your checking account is linked to an investment account, excess funds are automatically transferred to a Money Market Mutual Fund. As needed, funds are transferred from your investment account back to your checking account.

The Capital Investment Account (CIA) gives you the option of earning higher returns by placing all your surplus funds to work in an investment account.*

* Investments in mutual funds and/or money market funds involve risk, including the possible loss of principle. An investment in the fund is not a deposit at First South Bank and is not insured or guaranteed by the FDIC or any other government agency. Although money market funds seek to preserve the value of your investment at $1 per share, it is possible to lose money by investing in portfolios.