Welcome to Carolina Federal Savings Bank

Is it getting harder and harder to hold on to your money? Let us help. Give us a call or come by one of our branches to discuss ways in which we can help save you more of your money.

It is a Great Time to Refinance or Buy!

Fixed 15 Year Rates From

3.00% / 3.292%APR 1,2

Fixed 30 Year Rates From

3.625% / 3.79%APR 1,2

Please Call Cregg Glover

(843) 216-1301

1.  The displayed Annual Percentage Rate (APR) for the loan products shown reflects the interest rate and approximate cost of prepaid finance charges, including 1% of your loan amount to be applied to the origination charge, but does not include other closing costs or discount points.

2.    The approximate cost of prepaid finance charges does not constitute and is not a substitute for the Good Faith Estimate of Closing Costs (GFE) that you will receive once you apply for a loan. This is not a mortgage loan approval or commitment to lend. The actual fees, costs and monthly payment on your specific loan transaction may vary and may include additional fees and costs.

• Rates are subject to change without notice due to market pricing and credit approval.
• Full documentation, credit approval and appraisal required.
• Published rates apply to primary residences.
• For example: A 30 year loan of $200,000, with all acceptable credit conditions and an interest rate of 3.625%, results in a monthly payment of $912.10, plus all required escrows including taxes and insurance.   

FDIC Insurance
FDIC insurance covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. FDIC insurance does not cover other financial products and services that banks may offer, such as stocks, bonds, mutual fund shares, life insurance policies, annuities or securities.
The standard insurance amount is $250,000 per depositor. The $250,000 limit is permanent for certain retirement accounts (includes IRAs). With the passage of the Wall Street Reform and Consumer Protection Act on July 21,2010, the FDIC insurance limits of $250,000 per depositor per insured bank has been made permanent.   

IMPORTANT INFORMATION

NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. 

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes Interest on Lawyers Trust Accounts (“IOLTAs”).  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.