Coastal Carolina Bancshares completes merger with Beacon Holding Company

Bitget2026/10/01 17:00

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Coastal Carolina Bancshares completed its merger of equals with Beacon Holding, with Beacon merging into Coastal as the surviving company.
Beacon branches will operate as “Beacon Community Bank, a division of Coastal Carolina National Bank.”
Core systems conversion is slated for early 2027, followed by rebranding as Beacon Bank, N.A.
Combined footprint totals 16 branches plus a loan production office across coastal Carolinas and South Carolina’s Upstate.
Pro forma totals include about $2.3 billion assets, $2 billion deposits, $1.8 billion loans; Coastal will keep trading as CCNB.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coastal Carolina Bancshares Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610011258ACCESSWRNAPR_____1229299) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Coastal Carolina Bancshares completes merger with Beacon Holding Company

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