Coastal States Bank
- Company typePublic
- Founded2003
- HeadquartersHilton Head Island, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Coastal States Bank firmographics
Firmographics- Name
- Coastal States Bank
- Legal name
- Coastal States Bank
- Website
- https://coastalstatesbank.com
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Coastal States Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
- akta.pro secondary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Coastal States Bank is headquartered
LocationHeadquarters
- HQ city
- Hilton Head Island
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
Coastal States Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income from Lending: Primary revenue source from interest earned on commercial loans, commercial real estate loans, residential mortgages, small business loans, and consumer lending products including home equity lines of credit.
- Deposit Service Charges and Fees: Fee income from checking account maintenance, overdraft fees, ATM fees, wire transfer fees, and other deposit-related service charges.
- Treasury Management Services: Cash management, merchant services, lockbox services, positive pay, and other commercial treasury solutions generating fee income.
- Mortgage Banking: Residential mortgage origination through Coastal States Mortgage, generating revenue from loan origination fees and mortgage servicing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Premier Checking - Interest-bearing account with premium benefits |
| Subscription | Monthly | CSB Checking - Basic checking with seamless online access |
| Subscription | Monthly | Elite Checking - Senior checking account for ages 60+ |
| Subscription | Monthly | CSB Savings - Basic savings account |
| Subscription | Monthly | Money Market Account - High-yield savings with liquidity |
| Subscription | Annual | Certificate of Deposit - Fixed-term savings |
| Subscription | Monthly | Workplace Advantage Checking - Employer-linked benefit account |
| Usage-based | Pay-as-you-go | Small Business Loans - 48-Hour Decision Program |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Coastal States Bank product offering
Product offeringCore offering
Coastal States Bank is a regional community bank offering deposit products (checking, savings, money market, CDs, IRAs), lending products (commercial, commercial real estate, residential mortgages, home equity, SBA, USDA, and specialty loans for home builders and senior housing), treasury management services, and digital banking capabilities to personal, small business, commercial, and specialty banking clients across South Carolina and Georgia.
Product overview
Coastal States Bank operates as a multi-channel regional bank offering a comprehensive portfolio of banking products across personal, commercial, small business, and specialty banking segments. The bank's core offerings include deposit products (checking, savings, money market, CDs, IRAs), lending services (commercial loans, commercial real estate, residential mortgages, home equity, SBA loans, specialty lending for home builders and senior housing), and digital banking services powered by Fiserv. Key differentiating products include the 48-Hour Small Business Loan program for rapid small business financing, Workplace Advantage Checking for employer-partnership banking, SwitchAssist for Business for account transitions, Treasury Management services for commercial cash management, and Specialty Banking divisions for Home Builder Finance, Senior Housing Financing, Warehouse Lending, and Correspondent Banking. The bank also operates Coastal States Mortgage as a residential lending sub-brand. The bank serves communities through retail branches in South Carolina and Georgia, with community banking presence in Lowcountry, Savannah, and Atlanta markets, plus national lending divisions.
Differentiator
Problem solved
Functional benefit
Brands
- Coastal States Mortgage: Mortgage lending division of Coastal States Bank offering residential mortgages, home equity loans, and construction lending.
- SwitchAssist
Products and services
- Premier Checking Premium interest-bearing personal checking account with identity theft reimbursement, credit file monitoring, cell phone protection, buyers protection/extended warranty, free worldwide ATM access, and rewards on average balances of $2,500+. $100 minimum opening balance and $6.95 monthly fee (waiver available).
- CSB Checking Basic personal checking account with seamless online access, easy payments, and everyday convenience. $50 minimum opening balance.
- Elite Checking Senior personal checking account for customers ages 60 and older featuring interest earnings on balances of $1,000+, no monthly service charge, free worldwide ATM access, and debit card uChoose Rewards. $50 minimum opening balance.
- CSB Savings Personal savings account earning competitive interest, with $50 minimum opening balance, $5 monthly fee (waiver available), and a 6 withdrawal/transfer limit per month.
- Money Market Account High-yield personal savings product with check-writing capabilities and tiered interest rates. $2,500 minimum opening balance, $10 monthly fee (waiver available).
- Certificates of Deposit Fixed-term time deposit accounts with guaranteed returns, available in various terms with $1,000 minimum opening balance, auto-renewing at maturity at the prevailing rate.
- Individual Retirement Accounts (IRA) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options for long-term retirement planning.
- Private Banking High-touch banking services for high-net-worth individuals offering personalized financial solutions and dedicated relationship management.
- Residential Mortgages Home purchase and refinance lending through Coastal States Mortgage, offering first mortgages, construction-to-perm loans, and renovation financing via dedicated mortgage loan officers.
- Home Equity Loans and Lines of Credit Equity-based lending products allowing homeowners to borrow against their home's value, including HELOCs with special fixed-rate introductory offers.
- Cash Value Line of Credit Revolving credit line secured by cash value held in deposit accounts, providing flexible borrowing access for personal needs.
- Personal Credit Cards Consumer credit card products with rewards features and spending controls for personal banking customers.
- Digital Banking (Online and Mobile) Internet and mobile banking platform with account access, money transfers, check deposits, bill payments, alerts, card management, Zelle peer-to-peer payments, and mobile deposit capture via iOS and Android apps powered by Fiserv.
- Commercial Checking Business checking account providing commercial banking support with service and technology features tailored for business operations.
- Business Interest Checking Interest-bearing business checking account for companies with higher balances seeking to earn returns on operating funds.
- IOLTA (Interest on Lawyer Trust Account) Specialized trust account for law firms that earns interest which is donated to qualifying charitable organizations.
Quantifiable outcome
- Small business loan decisions within 48 hours for qualified applicants
- +3 more outcomes
Companies that use Coastal States Bank
Customer profileNamed customers6 records
Segments7 records
Ideal customer profiles4 records
Coastal States Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability2 records
Feature4 records
Coastal States Bank partnerships and signals
Strategic signalScale indicators8 records
Recent moves8 records
Expansion highlights6 records
Coastal States Bank competitors and assessment
Company assessmentDirect peers
- United Community Banks: United Community Banks is a Southeast-focused regional bank with branches across Georgia, South Carolina, North Carolina, and Florida. Directly comparable to CSB in community banking model, SMB and commercial lending focus, and Southeast geographic footprint, though at significantly larger scale.
- Ameris Bancorp: Ameris Bancorp is a Southeast regional bank headquartered in Atlanta with operations in Georgia, Florida, Alabama, and the Carolinas. Comparable to CSB in commercial banking orientation, CRE and SMB lending focus, and Atlanta MSA presence where both compete for deposit share.
- SouthState Corporation: SouthState Corporation is a large Southeast regional bank operating across the Carolinas, Georgia, Florida, and Alabama. Closely comparable to CSB in commercial and retail community banking model, though at meaningfully larger scale following multiple acquisitions including Atlantic Capital.
- Cadence Bank: Cadence Bank is a Southeast and Texas regional bank offering commercial, SMB, and treasury management services. Comparable to CSB in commercial banking focus and middle-market lending, with overlapping presence in Georgia and the Carolinas.
- Pinnacle Financial Partners: Pinnacle Financial Partners is a Southeast regional bank with branches in Tennessee, North Carolina, South Carolina, and Virginia. Directly comparable to CSB in relationship-based commercial and SMB banking model, though larger and with greater Tennessee market concentration.
Broad incumbents
- First Citizens BancShares: First Citizens BancShares is a large regional bank with significant Southeast presence and a strong commercial banking franchise. Operates broadly in the same geographies as CSB with overlapping SMB and commercial banking services, but at substantially greater scale and product breadth.
- Truist Financial Corporation: Truist Financial is one of the largest US banks with deep roots across the Carolinas, Georgia, and the broader Southeast. Competes with CSB across consumer and commercial banking in its core SC/GA markets, though Truist operates at a much larger scale and broader product set.
- Bank of America: Bank of America is a national money center bank with substantial retail and SMB presence in the Carolinas and Georgia. Competes directly with CSB for consumer deposits, SMB lending, and digital banking customers, though at massively greater scale and with broader product capabilities.
Emerging players
- Live Oak Bancshares: Live Oak Bancshares is a digitally-focused Southeast bank specializing in SBA lending and small business banking. Comparable to CSB in SMB lending orientation and SBA program focus, with overlapping Southeast footprint and a similar niche differentiation strategy.
Regional players
- Bank of South Carolina: Bank of South Carolina is a small community bank headquartered in Charleston with branch presence in the SC Lowcountry. Directly comparable to CSB in geographic focus (Charleston/Lowcountry SC), community banking model, and SMB/commercial orientation, though at meaningfully smaller scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Coastal States Bank social profiles
Digital presenceCoastal States Bank compliance and trust
Trust signalCompliance7 records
Coastal States Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coastal States Bank leadership team
Management profileNumber of profiles
Profiles7 records
Coastal States Bank subsidiaries and ownership
Company hierarchySubsidiaries5 records
Coastal States Bank funding detail
Funding detailFunding overview
Funding rounds5 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coastal States Bank M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coastal States Bank
What does Coastal States Bank do?
Coastal States Bank is a regional community bank offering deposit products (checking, savings, money market, CDs, IRAs), lending products (commercial, commercial real estate, residential mortgages, home equity, SBA, USDA, and specialty loans for home builders and senior housing), treasury management services, and digital banking capabilities to personal, small business, commercial, and specialty banking clients across South Carolina and Georgia.
Is Coastal States Bank a public or private company?
Coastal States Bank is a public company. It is classified as public and is currently operating.
When was Coastal States Bank founded?
Coastal States Bank was founded in 2003. It employs 101 to 250 people.
Where is Coastal States Bank based?
Coastal States Bank is headquartered in Hilton Head Island, United States, in the North America region.
How does Coastal States Bank make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Service Charges and Fees, treasury Management Services and mortgage Banking.
Who are Coastal States Bank's main competitors?
Direct peers on record are United Community Banks, Ameris Bancorp, SouthState Corporation, Cadence Bank and Pinnacle Financial Partners. Broad incumbents are First Citizens BancShares, Truist Financial Corporation and Bank of America. Live Oak Bancshares is listed as an emerging player. Bank of South Carolina is listed as a regional player.
Does Coastal States Bank have an API?
No public API is recorded for Coastal States Bank.
What industry is Coastal States Bank in?
Coastal States Bank's product category is Community Banking. Its primary akta.pro industry code is FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs), with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.