Bank holding company providing financial services through its subsidiary, First Community Bank.
First Community Corporation serves as the holding entity for First Community Bank, providing a comprehensive range of banking products and services tailored to small-to-medium sized businesses, professional entities, and individual clients. Operating through distinct segments including Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit services, the company offers diverse financial solutions.
The bank's offerings encompass a variety of deposit products such as checking, NOW, savings, and individual retirement accounts, alongside demand deposits and time deposits including daily money market accounts and certificates of deposit. Its lending portfolio includes commercial loans for working capital, business expansion, and equipment purchases, as well as consumer loans for automobiles, home improvements, education, and personal investments. The bank also provides real estate construction and acquisition loans, and a range of fixed and variable rate mortgage loans.
In addition to core banking services, First Community Corporation extends digital banking solutions like online and internet banking, cash management, and safe deposit boxes. It also facilitates financial services such as travelers checks, direct deposit services for payroll and social security checks, and automatic drafts for various accounts. The company further enhances its offerings with non-deposit investment products, investment brokerage services, VISA and MasterCard credit card services, investment advisory services, and insurance services.
Established in 1994 and headquartered in Lexington, South Carolina, First Community Corporation continues to prioritize customer-focused banking solutions. With a commitment to financial innovation and personalized service, the company remains dedicated to meeting the diverse needs of its clientele across the communities it serves.