1 EXHIBIT 5.1 [Nelson Mullins Riley & Scarborough, L.L.P. LETTERHEAD] A REGISTERED LIMITED LIABILITY PARTNERSHIP 999 PEACHTREE STREET, N.E. FIRST UNION PLAZA SUITE 1400 ATLANTA, GEORGIA 30309 TELEPHONE (404) 817-6000 FACSIMILE (404) 817-6050 www.nmrs.com December 6, 1999 People's Community Capital Corporation 106-A Park Avenue, SW Aiken, South Carolina 29801 Ladies and Gentlemen: We have acted as counsel to People's Community Capital Corporation (the "Company") in connection with the filing of a Registration Statement on Form S-8 (the "Registration Statement") under the Securities Act of 1933, covering the offering of up to 250,000 shares (the "Shares") of the Company's common stock, par value $.01 per share, which may be issued by the Company upon the exercise of stock options under its 1998 Stock Incentive Plan. In connection therewith, we have examined such corporate records, certificates of public officials, and other documents and records as we have considered necessary or proper for the purpose of this opinion. The opinion set forth herein are limited to the laws of the State of South Carolina and applicable federal laws. Based on the foregoing, and having regard to legal considerations which we deem relevant, we are of the opinion that the Shares, when issued and delivered as described in the Registration Statement, will be legally issued, fully paid and nonassessable. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, NELSON MULLINS RILEY & SCARBOROUGH, L.L.P. /s/ Neil E. Grayson, Esq. Neil E. Grayson, Esq.