- Sector
- Finance
- Industry
- Regional banks
- Address
- Charleston United States
- IPO Date
- Aug 19, 2024
- Business
- Beacon Holding Company, Inc. operates as a bank holding company for Beacon Community Bank, providing a comprehensive range of commercial, retail, and community banking products and services to individuals, professionals, and small to medium-sized businesses. The company offers personal and commercial deposit products, including standard checking accounts, interest-bearing checking accounts, commercial checking accounts, traditional savings accounts, tiered money market accounts, and certificates of deposit across various maturities; commercial lending solutions, comprising owner-occupied and investor commercial real estate loans, commercial and industrial loans, equipment financing, working capital lines of credit, and Small Business Administration guaranteed loans; consumer lending products, including residential mortgage loans, home equity loans and lines of credit, automobile and vehicle loans, and personal installment loans; treasury and cash management services, consisting of remote deposit capture, automated clearing house processing, wire transfer services, merchant card processing, fraud prevention tools, and payroll solutions; and digital banking capabilities, including online banking platforms, mobile banking applications, digital bill payment, and electronic document delivery. Founded in 2017 and headquartered in Mount Pleasant, South Carolina, the company primarily serves the greater Charleston metropolitan area and coastal South Carolina. In October 2026, Beacon Holding Company, Inc. completed a strategic merger of equals with Coastal Carolina Bancshares, Inc., the parent company of Coastal Carolina National Bank, with Beacon merging into Coastal Carolina Bancshares; under the reorganization, former Beacon banking locations operate as Beacon Community Bank, a division of Coastal Carolina National Bank, pending a comprehensive core systems integration and planned rebranding of the combined regional franchise to Beacon Bank, N.A. in early 2027.