KS Bancorp is a bank holding company for KS Bank. The corporation has headquarters in Smithfield, N.C. KS Bank, chartered in 1924, is a state chartered savings bank. It has been a member of the Federal Home Loan system since 1936, and has had deposits insured by the FDIC since 1961. The bank offers a variety of deposit and loan products for consumers and businesses, including checking, savings and money market accounts, certificates of deposit, individual retirement accounts, mortgages and cash management services. It concentrates on attracting retail deposits to make mortgage loans, construction loans, business loans, consumer loans and equity line loans. KS Bank operates through seven retail offices in Johnston, Wake, Wilson and Wayne counties in North Carolina.