Failed Bank Information for Waccamaw Bank, Whiteville, NC
On Friday, June 8, 2012, Waccamaw Bank was closed by the North Carolina Office of the Commissioner of Banks. The FDIC was named Receiver. First Community Bank, Bluefield, VA acquired all deposit accounts.
The FDIC as Receiver for Waccamaw Bank, Whiteville, NC has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on November 18, 2021 and has made all dividend distributions required by law.
Effective April 1, 2022, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: April 1, 2022
Publication Date: November 18, 2021
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: FIRST COMMUNITY BANK
About First Community Bank
All deposit accounts, excluding the Cede & Co. deposits, were transferred to First Community Bank, Bluefield, VA ("assuming institution"). Former Waccamaw Bank locations reopened as branches of First Community Bank.
Your transferred deposits were separately insured from any accounts you may have already had at First Community Bank for at least six months after the failure of Waccamaw Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with First Community Bank as long as the deposits are not pledged as collateral for loans.
Contacting First Community Bank
You can contact First Community Bank:
First Community Bank
29 College Drive
Bluefield, VA 24605
First Community Bank (www.firstcommunitybank.com)