News

Greenville, South Carolina – December 2, 2020, Coastal Carolina National Bank (CCNB) is pleased to announce the promotion of Clinton McKinney as Senior Vice President, Upstate Market Executive. McKinney, who has over ten years of banking experience, joined CCNB in 2018 and contributed to the successful opening of our bank’s first branch in the Upstate.
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Myrtle Beach, South Carolina – December 1, 2020 – Coastal Carolina Bancshares, Inc. (OTCQX: CCNB) (the “Company”), parent company of Coastal Carolina National Bank, today announced that its board of directors has adopted a stock repurchase plan. Under the repurchase plan, the Company may repurchase up to 100,000 of the currently outstanding shares of its
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Myrtle Beach, South Carolina – October 27, 2020 – Today, Coastal Carolina Bancshares, Inc. (the “Company”) (OTCQX: CCNB), parent of Coastal Carolina National Bank (the “Bank”), reported unaudited financial results for the third quarter of 2020. The Company reported net income of $2,475,101 or $.40 cents per share for the nine months ended September 30,
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Myrtle Beach, South Carolina – October 16, 2020 – CCNB, Coastal Carolina National Bank is pleased to announce Ellen Cavanaugh has joined our team as Vice President, Senior Loan Operations Analyst. Cavanaugh brings to CCNB, a wealth of loan operations experience spanning a 35-year career working for various financial institutions. Throughout her career, Cavanaugh led
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Myrtle Beach, South Carolina – July 29, 2020 – Today, Coastal Carolina Bancshares, Inc. (the “Company”) (OTCQX: CCNB), parent of Coastal Carolina National Bank (“Bank”), reported unaudited financial results for the second quarter of 2020. The Company reported net income of $1,441,677 or $.23 cents per share for the six months ended June 30, 2020,
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Myrtle Beach, South Carolina – May 12, 2020 – Coastal Carolina Bancshares, Inc. (OTCQX: CCNB) (the “Company”), parent company of Coastal Carolina National Bank (“Bank”), today announced that its 2020 Annual Meeting of Shareholders will now be held at the Bank’s main offices located at 1012 38th Avenue North, Myrtle Beach, South Carolina 29577. The
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Myrtle Beach, South Carolina – April 28, 2020 – Today, Coastal Carolina Bancshares, Inc. (the “Company”) (OTCQX: CCNB), parent of Coastal Carolina National Bank (“Bank”), reported unaudited financial results for the first quarter of 2020. The Company reported net income of $762,734 or $.12 cents per basic share for the quarter ended March 31, 2020,
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Myrtle Beach, South Carolina  – Coastal Carolina National Bank is pleased to announce Tim Strom has joined CCNB as Senior Vice President, Mortgage Banking Director. “We are very happy to welcome Tim to CCNB,” says Laurence S. Bolchoz, President and Chief Executive Officer of Coastal Carolina National Bank. “Due to our bank’s consistent growth and our
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NOTICE TO CCNB CUSTOMERS – Tuesday, March 17, 2020 CCNB is deeply committed to the well being of our customers, our employees, and to the communities we serve. In line with state and federal guidance, we are doing our part to minimize health risks from the coronavirus (COVID-19). Beginning Wednesday, March 18, all CCNB locations
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Dear Friends, As a bank deeply committed to the well being of our customers and the communities we serve, your safety is extremely important to us. CCNB has been closely monitoring the evolving circumstances related to the Coronavirus (COVID-19). While it is difficult to predict the timing and impact the virus will have on our
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