Credit Services Menu
To report a lost or stolen credit card, call (800) 423-7503.
Personal Credit Services
Four Oaks Bank offers a complete line of lending and financing services to help you manage life. Whether it's day-to-day purchases, your dream home, or the unexpected, we can help you with a solution.
Contact a Four Oaks Bank Loan Officer for complete details on any of our Personal Credit Services.
Credit Cards
Four Oaks Bank offers a variety of both Visa® and MasterCard® revolving credit products. Whether you pay off your credit card balance every month, or carry a balance from month to month; whether you use your credit card for daily purchases or big-ticket items, we have the credit card that's right for you. We invite you to shop and compare.
Service Features
These features apply to all Visa and MasterCard products offered by Four Oaks Bank.
Scorecard Bonus Points – Each purchase you make with your Four Oaks Bank Visa or MasterCard earns you valuable Bonus Points you can redeem for brand-name merchandise and exciting travel rewards - $20 annual fee is waived for the first year
- No annual fee for 1912 Charter Club customers
- $10 late payment fee
- $.50 minimum monthly finance charge
- No fee for balance transfers
- No fee for cash advances
- No over credit limit fee
- Go to www.mycardstatement.com to view account activity, make payments and set up notifications
Select the credit card plan that’s best for you and the way you use revolving credit.
Classic VISA or Classic MasterCard
- Credit Limits from $500 to $4,999
- Enjoy these additional services:
- ScoreCard Bonus Points
- Automatic Travel Accident Insurance
- Extended Warranty
- 90-Day Product Protection
- Toll-Free Travel Reservation Service
- Bonus Travel Dividends
- Automobile Rental Discounts
- Automobile Rental Insurance
- Credit Card Registration
- Key Registration
- Travel Protection:
- Lost Luggage Locater Service
- Lost or Damaged Luggage Insurance
- Hotel/Motel Theft Insurance
- Medical Assistance
- Concierge Service
- Quarterly Newsletter
Visa Platinum or Platinum MasterCard
- Credit limits of $5,000 and above.
Add the following additional services to those listed above:
- Concierge Service
- Travel Accident Insurance
- Preferred Customer Service
- CardCentives Privilege:
- Identity Theft Insurance of $1,000
- Identity Victim Assistance
- Payment Card Registration
- Travel Reservation Service
- 90-Day Product Protection
- Extended Warranty
- Personal Shopper
Consumer Loans
Four Oaks Bank offers consumer loans for a wide range of purposes. From a new car to home improvements, from college tuition to a wedding, as well as the unexpected; whatever your needs or wants, we can help you obtain the resources with a consumer loan from Four Oaks Bank. Simply contact your Four Oaks Bank branch office.
Service Features
- Competitive rates
- Flexible terms
- Quick response
- Local decisions
- Receive a .50% discount when you have your loan payments automatically drafted from your Four Oaks Bank account
Types of Personal Loans include, but are not limited to:
- Automobile Loans
- Boat and RV Loans
- Debt Consolidation Loans
- Most any purpose
You will need to provide:
- Your W-2 forms for the past 2 years
- A recent pay stub
Home Loans
We offer you access to a variety of residential real estate loans, one of which is sure to meet your specific needs.
- Purchase / Refinance Loans
- Home Construction Loans
- Home Improvements Loans
- Investment Properties
- Second Homes
- Rural Properties
Not only do we finance home construction, you can save money by converting your construction loan to permanent financing with Four Oaks Bank. Whether in-house or through our mortgage division, Four Oaks Mortgage, we have financing available to meet your needs.
Home Equity Lines of Credit
You've worked hard to build the equity in your home, now put that equity to work for you with a Home Equity Line of Credit from Four Oaks Bank. Use funds for a large purchase, home improvement, debt consolidation, or simply the unexpected.
Home Equity Lines of Credit are secured by the borrower's equity in a personal residence. Four Oaks Bank offers three Home Equity Line products:
"Equity Preferred"
Term: 15 years
Repayment Terms: Interest monthly, principal at maturity
Requirements:
- Minimum line: $25,000
- Minimum Beacon Score: 700
- Maximum loan-to-value: 80%
"Equity Select"
Term: 15 years
Repayment Terms: Interest monthly, principal at maturity
Requirements:
- Minimum line: $10,000
- Minimum Beacon Score: 650
- Maximum loan-to-value: 80%
"Maximum Equity"
Term: 15 years
Repayment Terms: Minimum payment of 1.5% of outstanding balance or (principal and interest), due monthly
Requirements:
- Minimum line: $5,000 to $25,000
- Minimum Beacon Score: 620
- Maximum loan-to-value: 80%
Features
- You may access funds with personalized checks or by requesting a cash advances
- Payments are automatically drafted from your deposit account each month. Payments may also be made in cash or by check
- The interest you pay may be tax deductible
* NOTE: Consult your tax advisor for deductibility.
Eligibility:
- Collateral must be the primary or secondary residence of the borrower
- Deed of Trust may be a first or second mortgage
- Mobile homes without land and rental properties are not eligible
- Requests for increases are treated as new loans and must be re-approved and re-documented
- All fees, such as legal, recording, and appraisal fees are the responsibility of the borrower
- Must have a Four Oaks Bank relationship
* NOTE: Consult your tax advisor for deductibility.
PRA - Overdraft Protection
Personal Reserve Account (PRA) is our pre-approved checking credit line and overdraft protection, available to you anytime, anywhere. You can use it for special purchases, emergency cash, or protecting your checking from unexpected overdrafts. As you repay PRA, it becomes available to use again.
Service Features
- Competitive rates and flexible payment terms are available
- There is no charge to establish a PRA account and no annual fee
- Finance charges only accrue when you use PRA
- Funds are advanced to your checking account in increments of $100
NOTE: PRA is not available with Free Checking accounts.
