What is First Community?
First Community Bank, established in 1995 and based in Lexington, SC, is a financial institution dedicated to serving individuals and small businesses across central South Carolina. The bank's comprehensive suite of services includes checking and savings accounts, money market accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), credit cards, insurance products, and investment services. Its operations are focused on providing accessible and reliable banking solutions within its regional footprint.
How much funding has First Community raised?
First Community has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for First Community?
The company's large-scale late-stage funding context suggests a strategic push for expansion, potentially involving technological advancements, market penetration, or enhanced service offerings. This infusion of capital is likely to fortify its competitive position and support its long-term strategic objectives within the community banking landscape.
See full First Community company page