Southcoast Financial Corporation is a South Carolina-based holding company that manages Southcoast Community Bank, which was founded in 1998. Southcoast Community Bank is a state-chartered, locally owned and operated commercial financial institution that offers mortgage loan origination and tax deposit services. It also provides credit cards and traveler s checks, as well as NOW, money market, savings, and senior and advantage checking accounts. The bank offers certificates of deposit for a range of term durations. It is a member of the Federal Deposit Insurance Corporation. Southcoast Community Bank provides secured and unsecured automobile, consumer and single-payment loans. It also offers overdraft protection, cash management, lending and merchant services..