Waccamaw Bankshares, Inc.
Waccamaw Bancshares is the holding company for the Waccamaw Bank, which operates about 15 branches in the coastal Carolina region. With about 15 branch loactions, Waccamaw provides traditional products such as checking and savings accounts and IRAs. It primarily uses funds from deposits to write commercial loans and mortgages, including business loans, construction loans, and land development loans. Hit by an increase in bad loans, the company is working with regulators to raise its capital holdings. It is also tightening up its lending practices.
Contact Details
Office Address
Waccamaw Bankshares, Inc.
110 North J.K. Powell Boulevard
Whiteville, NC, USA 28472
Phone: (910) 641-0044
Fax: (910) 642-2280
Executives
Chairman
Alan W. Thompson
President, CEO, and Director, Waccamaw Bankshares and Waccam
James G. Graham