Coastal States Bank To Open New Branches In Sandy Springs and Alpharetta.

Rhea-AI Summary

Coastal States Bank (CSB) is set to open two new branches in Sandy Springs and Alpharetta in Spring 2021, enhancing its service in the Atlanta metro area. The Sandy Springs branch will occupy the former Starbucks location on Roswell Road, with renovations concluding by late May. The Alpharetta branch will be situated at Northwinds Summit off Haynes Bridge Road. CSB aims to leverage its talented team of commercial bankers in these growing communities. As of December 31, 2020, CSB reported approximately $1.15 billion in total assets.

Positive

• Expansion of branch locations enhances presence in dynamic communities.
• New branches are expected to support local banking and commercial banking teams.

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• None.

ATLANTA, March 22, 2021 /PRNewswire/ -- Coastal States Bank (CSB) is excited to announce it will be opening two new branch locations in Sandy Springs and Alpharetta in Spring 2021.   

These new locations will allow CSB to continue serving its customer base in the metro Atlanta area.

"We are very excited to open our new locations in Alpharetta and Sandy Springs. These are dynamic, growing communities and I believe both will benefit from our style of Local banking." said Steve Stone, President and CEO of CSB. "Over the past two years we have built a talented team of commercial bankers in these markets and we are excited to now have a branch presence to support them."

The Sandy Springs branch will be located at the former Starbucks location at 6160 Roswell Road. Renovations are scheduled to be completed in late May.

The Alpharetta branch will be located at 3000 Summit Place Suite 100, in Northwinds Summit off of Haynes Bridge Road.

About Coastal States Bank

Coastal States Bank ("CSB") builds relationships by providing a full range of banking services designed for businesses, their owners, and individuals looking for a local banking partner. CSB has a community banking presence in the Lowcountry of South Carolina (Hilton Head Island and Bluffton), Savannah, Atlanta, and North Georgia (Cumming and Dawsonville), and also serves communities across the country through its Government Guaranteed Lending, Seniors Housing, and Mortgage Banker Finance lines of business. As of December 31, 2020, CSB had approximately $1.15 billion in total assets.

CSB is a wholly-owned subsidiary of CoastalSouth Bancshares, Inc. (OTCQX: COSO). 

Coastal States Bank – Local. And Proud of It.^®

For additional information regarding CSB please visit www.coastalstatesbank.com.

Media Contact:	Steve Stone
	President and Chief Executive Officer
	843.341.9937
	sstone@coastalstatesbank.com

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SOURCE Coastal States Bank

FAQ

When will Coastal States Bank open its new branches in Sandy Springs and Alpharetta?

Coastal States Bank plans to open its new branches in Sandy Springs and Alpharetta in Spring 2021.

Where will the Sandy Springs branch of Coastal States Bank be located?

The Sandy Springs branch will be located at the former Starbucks location at 6160 Roswell Road.

What is the total assets of Coastal States Bank as of December 31, 2020?

As of December 31, 2020, Coastal States Bank reported approximately $1.15 billion in total assets.

What does Coastal States Bank aim to achieve with its new branches?

Coastal States Bank aims to enhance local banking services and support its commercial banking team in the new branch locations.

What is the significance of opening new branches in Atlanta for Coastal States Bank?

Opening new branches in Atlanta allows Coastal States Bank to better serve its growing customer base in dynamic communities.