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Waccama Bank acquired by First Community Bank

WHITEVILLE, NC (WWAY) — Waccamaw Bank is no more. First Community Bank, of Bluefield, VA, is taking over the business.

In a news release sent today, bank leaders said despite their efforts to restore capital ratios, the bank has lost its struggle to maintain ownership.

Waccamaw Bank has been in operation for 14 years with branches in Wilmington, Oak Island, Shallotte and Southport.

Branches will open Monday as First Community Bank. Customers with questuions can call the FDIC at 10877-275-3342.

More: continued here

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