First Century Bank

First Century Bank, N.A. is an FDIC-insured community bank in Commerce, GA and Hilton Head Island, SC, serving individual consumers, small-to-medium businesses, and community associations (HOAs) with checking, savings, loans, payment services, and digital banking products.

Company typePrivate
Founded2006
HeadquartersCommerce, United States
Headcount51–100
GTM typeB2B and B2C
OfferingServices

What First Century Bank does

First Century Bank, N.A. is a federally chartered, FDIC-insured community bank (certificate #57123) headquartered at 1731 N. Elm St in Commerce, Georgia, with a second branch at 2 Park Ln, Ste 300 in Hilton Head Island, South Carolina. The bank operates two 24-hour ATMs in Commerce and supports digital access through online banking with 128-bit encryption, free online bill pay, debit MasterCard, and SMS text banking via short code 89817.

The bank's product suite is built around a traditional community-bank model: personal and business checking (including money market accounts), personal/junior/holiday savings accounts, personal and business loans, automobile and residential mortgages, IRAs, HOA/community-association banking, payment services (Prepaid Cards, ACH, Sponsorship Services), and bank-owned real estate. Specialty consumer lending includes tax-refund advance programs operated in partnership with Jackson Hewitt and SBTPG (Santa Barbara Tax Products Group). The bank serves three primary customer segments — individual consumers, small-to-medium local businesses, and homeowners/community associations — with explicit positioning around local ownership, direct access to decision makers, and personal service rather than speed-of-volume retail banking.

Commercially, the bank makes money through the standard community-bank revenue mix of net interest income on loans and deposits, deposit account and transaction fees, payment services fees, and seasonal tax-refund advance program economics. Pricing is not publicly disclosed; specific fee schedules and interest rates are made available through direct inquiry or at branch locations. The bank merged with First Covenant Bank to scale its customer base and is privately held with no venture, private equity, or institutional funding rounds disclosed.

First Century Bank firmographics

Firmographics

Name: First Century Bank
Legal name: First Century Bank, N.A.
Website: https://myfirstcenturybank.com
Company type: Private
Founded year: 2006
Operating status: Operating
Headcount range: 51–100 employees
Short description: First Century Bank, N.A. is an FDIC-insured community bank in Commerce, GA and Hilton Head Island, SC, serving individual consumers, small-to-medium businesses, and community associations (HOAs) with checking, savings, loans, payment services, and digital banking products.
Ownership category
akta.pro rank

First Century Bank industry classification

Industry

Product category: Community Banking
NAICS: Commercial Banking (52211)
SIC: National Commercial Banks (6021)
akta.pro primary industry: Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

Community banking services
Personal banking products
Business banking products
Consumer loan products
HOA community association banking

Where First Century Bank is headquartered

Location

Headquarters

HQ city: Commerce
HQ country: United States
HQ region: North America

Offices4 records

Markets served

First Century Bank business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels4 records

Marketing channels3 records

First Century Bank product offering

Product offering

Core offering

First Century Bank, N.A. is a full-service community bank that provides deposit products (personal and business checking, money market, savings, junior savings, holiday savings), lending products (personal, business, automobile, and residential loans), retirement accounts (IRAs), payment services (Prepaid Cards, ACH, and Sponsorship Services), and specialized Community Association (HOA) banking. The bank also offers digital banking services including a secure online banking platform with 128-bit encryption, free online bill pay, mobile text banking, and a Debit MasterCard, distributed through physical branches in Georgia and South Carolina and partner channels for tax-refund advance loans.

Product overview

First Century Bank, N.A. is a full-service community bank offering a comprehensive suite of personal and business banking products. The bank's core offerings include Checking and Savings accounts (with interest-bearing options and money market accounts), various Loan products (personal, business, automobile, and residential), and specialized services including Payment Services (Prepaid Cards, ACH, and Sponsorship Services), Community Association (HOA) services, and retirement products like IRAs. The bank also provides digital banking services including Online Banking and Free Online Bill Pay, supported by Debit MasterCard access. Specialty loan products include Jackson Hewitt Refund Advance and SBTPG Fast Cash Advance refund loan programs. The bank positions itself as a community-focused institution with direct access to decision makers and local ownership.

Differentiator

Problem solved

Functional benefit

Products and services

Checking Accounts

Companies that use First Century Bank

Customer profile

Segments3 records

Ideal customer profiles3 records

First Century Bank technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

First Century Bank partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered minor and core.

Jackson HewittminorGTM or Marketing PartnerFirst Century Bank partners with Jackson Hewitt to offer the Jackson Hewitt Refund Advance loan program, providing tax refund advance loans to Jackson Hewitt customers. Customers can inquire about this program by calling 1-855-489-4874.
SBTPG (Santa Barbara Tax Products Group)minorGTM or Marketing PartnerFirst Century Bank partners with SBTPG to offer the Fast Cash Advance (FCA) Refund Loan program, providing tax refund advance loans to taxpayers. Customers can inquire about this program by calling 1-855-459-9226.
First Covenant BankcoreStrategic or Co-development PartnerFirst Covenant Bank has merged with First Century Bank, N.A. This merger brought together two complementary institutions with similar values and passion for customer service to create a bank well positioned for future growth. Customers of both banks continue to be served without immediate changes.

Recent moves6 records

Expansion highlights5 records

First Century Bank competitors and assessment

Company assessment

Direct peers

SouthState Bank: Southeast-focused regional bank with deep presence in Georgia and South Carolina, providing consumer, small-business, and mortgage products that compete head-on with First Century Bank's markets in Commerce, GA and Hilton Head Island, SC.
United Community Banks: Georgia-headquartered community/regional bank offering consumer, small-business, and HOA-style banking across the Southeast, with a similar full-service community positioning but materially larger scale — the most direct comp to First Century Bank's Georgia footprint.
Ameris Bancorp: Georgia-based community/regional bank with branches across the Southeast (including South Carolina), offering consumer and business banking comparable to First Century Bank's two-state footprint and traditional community bank model.
Renasant Bank: Southeast regional community bank serving Georgia, South Carolina, and neighboring states with personal, business, and wealth services — a comparable community-bank franchise competing in many of First Century Bank's served markets.
Pinnacle Financial Partners: Community/regional bank known for relationship-based commercial and consumer banking in the Southeast and other regions; competes for the same small-business and personal banking customers that First Century Bank serves.

Broad incumbents

Bank of America: National incumbent offering consumer deposits, mortgages, and small-business banking — competes directly with First Century Bank for households and SMBs in its Georgia and South Carolina markets, with materially larger digital capabilities.
Truist Financial Corporation: Large Southeast regional bank (formed from BB&T and SunTrust) with extensive branch coverage in Georgia and the Carolinas — competes with First Century Bank across consumer and small-business banking and serves as the dominant scaled incumbent in adjacent territories.
Cadence Bank: Regional bank with consumer and commercial banking across the Southeast and Texas, competing indirectly with First Century Bank's small-business and personal banking customers through digital channels and branch networks in overlapping states.
JPMorgan Chase: National retail banking giant competing with First Century Bank for consumer deposits, mortgages, and small-business banking — sets the digital, mobile, and product-set benchmark that smaller community banks must match on experience.

Emerging players

Live Oak Bancshares: Digital-first community bank targeting small businesses, including in the Southeast — represents the technology-led model that under-scaled traditional community banks like First Century Bank are increasingly competing against for small-business deposits and loans.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

First Century Bank compliance and trust

Trust signal

Compliance2 records

First Century Bank financial estimates

Financial estimate

Revenue estimate

Valuation estimate

First Century Bank leadership team

Management profile

Number of profiles

First Century Bank funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

First Century Bank M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about First Century Bank

What does First Century Bank do?

Is First Century Bank a public or private company?

First Century Bank is a private company. It is classified as unknown and is currently operating.

When was First Century Bank founded?

First Century Bank was founded in 2006. It employs 51 to 100 people.

Where is First Century Bank based?

First Century Bank is headquartered in Commerce, United States, in the North America region.

Who are First Century Bank's main competitors?

Direct peers on record are SouthState Bank, United Community Banks, Ameris Bancorp, Renasant Bank and Pinnacle Financial Partners. Broad incumbents are Bank of America, Truist Financial Corporation, Cadence Bank and JPMorgan Chase. Live Oak Bancshares is listed as an emerging player.

Does First Century Bank have an API?

No public API is recorded for First Century Bank.

What industry is First Century Bank in?

First Century Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6021.

What First Century Bank does

Frequently asked questions about First Century Bank

What does First Century Bank do?

Is First Century Bank a public or private company?

First Century Bank is a private company. It is classified as unknown and is currently operating.

When was First Century Bank founded?

First Century Bank was founded in 2006. It employs 51 to 100 people.

Where is First Century Bank based?

First Century Bank is headquartered in Commerce, United States, in the North America region.

Who are First Century Bank's main competitors?

Does First Century Bank have an API?

No public API is recorded for First Century Bank.

First Century Bank

What First Century Bank does

First Century Bank firmographics

First Century Bank industry classification

Keywords

Where First Century Bank is headquartered

Headquarters

Offices4 records

Markets served

First Century Bank business model

Distribution channels4 records

Marketing channels3 records

First Century Bank product offering

Core offering

Product overview

Differentiator

Problem solved

Functional benefit

Products and services

Companies that use First Century Bank

Segments3 records

Ideal customer profiles3 records

First Century Bank technology and API

Technology focussed No

API detail

Core technology

AI maturity

App detail

Feature1 record

First Century Bank partnerships and signals

Partnerships

Recent moves6 records

Expansion highlights5 records

First Century Bank competitors and assessment

Direct peers

Broad incumbents

Emerging players

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

First Century Bank social profiles

First Century Bank compliance and trust

Compliance2 records

First Century Bank financial estimates

Revenue estimate

Valuation estimate

First Century Bank leadership team

Number of profiles

First Century Bank funding detail

Funding overview

Funding rounds

Investors

First Century Bank M&A and investment

M&A

Investments

Frequently asked questions about First Century Bank

What does First Century Bank do?

Is First Century Bank a public or private company?

When was First Century Bank founded?

Where is First Century Bank based?

Who are First Century Bank's main competitors?

Does First Century Bank have an API?

What industry is First Century Bank in?

First Century Bank

What First Century Bank does

First Century Bank firmographics

First Century Bank industry classification

Keywords

Where First Century Bank is headquartered

Headquarters

Offices4 records

Markets served

First Century Bank business model

Distribution channels4 records

Marketing channels3 records

First Century Bank product offering

Core offering