Products & Services

Share Loans

A Hancock County Savings Bank Share Loan is a unique and convenient way to borrow and to continue saving at the same time! This loan allows our customers to use their savings—deposit or CD—as collateral for a loan.

The many advantages of our Share Loan include the following:

• A Share Loan offers flexible payment schedules. You are required to pay the interest due every six months, but you can set up a payment schedule that is convenient for you.
• Since you are borrowing "against" your savings at HCSB, you pay no fees; and no credit report is required.
• The funds you borrow are secured by your savings, which continue to earn interest each month!
• Share Loans have no minimum dollar requirement, and you can borrow up to 80 percent of your collateral. The interest rate for your share loan is only two (2) percent above the rate of your savings.

No Fees!
No Credit Report Needed!
Funds You Borrow Are Secured by Your Savings!
Quick Turnaround Time--Walk Out with Your Check!
The Perfect Loan Solution!