Loans and Credit Services
At Southern Community, we believe you should enjoy the lifestyle you've earned, whether that means buying a new car or sending your children to the college of their choice. Our wide variety of credit options and payment methods, including automatic drafts, make Southern Community the best source for the money you need.Personal Lines of Credit
At Southern Community, you can choose from two different personal credit lines:
Ready Credit LineConsumer Credit Line
- Linked to a checking account
- May qualify for up to $5,000 in credit
- Transfers made to your checking account in increments of $100 up to your line limit to ensure your balances cover the checks you write
- Credit line of $5,000 and up is available
- Interest rates are based on prime rate as published in The Wall Street Journal
- Transfers are made in $100 increments and may be tied to your checking account
Home Equity Lines of Credit
You may qualify for a line of credit up to 80 percent of the equity in your home.
- We cover the first $250 of closing costs
- You pay an attractive interest rate based on the prime rate
- Interest charges you pay may be tax-deductible*
Personal Loans
A personal loan is great for large purchases or home improvements.
- Allows you to establish a set schedule of repayment
- Flexible terms and competitive rates available
Credit Cards
We offer both Visa® and MasterCard® credit cards with competitive rates and low fees.
- Platinum Advantage Visa® earns you credits for airline mileage
- Gold MasterCard® is available if you establish a line of credit for $5,000 or more
Click here to access the Credit Card Customer Service Center
* Consult your tax advisor about the tax-deductibility of interest.Loans and lines of credit are subject to credit approval.