First South Bancorp is a bank holding company that provides services through its subsidiary, First South Bank, which was founded in 1996. First South Bank offers personal, commercial and nonprofit financial services. It provides safe-deposit boxes, certificates of deposit, traveler s and cashier s checks, and credit and debit cards. The bank offers direct deposit, overdraft protection, cash management and wire transfer services. Its deposit products include checking, savings, money market and individual retirement accounts. In addition, First South Bank offers a variety mortgage products and unsecured, term and commercial real estate loans. The bank offers electronic and online banking services, as well as operates a network of ATMs.