Consumer Lending

We Offer Quick Decisions on Loans!  24 Hours or less turn around on most loan applications.  So what are you waiting for?  Call your local First South Bank loan officer today!

Consumer Loans

Do you have your heart set on financing your child’s college education?  How about that little red car you’ve had your eye on…can it be yours?  What about those home repairs you’ve been putting off because you just don’t have enough money right now?  Well, now you can with a First South Bank consumer loan!

We offer two types of consumer loans:

  • A secured personal loan is used to purchase consumer goods using other goods as collateral, such as cars, boats, campers, etc…

  • An unsecured personal loan uses no collateral, and is usually for debt consolidation.

Terms range from 12 to 60 months or can be a single pay note – 30,60, or 90 days.  You will get a coupon book for your loan to provide you with an easy method of payment and record keeping.  You can choose your monthly payment date and your outstanding balance can be paid at anytime without penalty.

Installment Loan Calculator

Auto Loan Calculator

Equity Lines

Put the equity in your home to work for you with a First South Bank LOW COST EQUITY LINE!  An equity line is an open-end or installment loan, which is secured by the equity value in your home.

Equity Line Calculator

Prime Line of Credit

If you need a revolving line of credit that you have the option to renew, a Prime Line is right for you!  The Prime Line charges a variable rate of interest, and is available to individuals and businesses who qualify.  A Prime Line can be linked to your checking account to be used for short term financing needs. 

Line of Credit Calculator

Reserve Lines – Overdraft Protection

A First South Bank Reserve Line is a personal line of credit that can be attached to your checking account.  Upon credit approval, you can write yourself a loan for any amount up to your credit limit. 

We make it easy for you to access your Reserve Line.  Simply write a check from your personal checking account and available funds will be transferred to your account in increments of $100.