Eric Lowman Joins Coastal States Bank as Market President of Bluffton and Beaufort

Rhea-AI Summary

Coastal States Bank (CSB) has appointed Eric Lowman as the new Market President for Bluffton and Beaufort. Previously with BB&T (now Truist) for 28 years, Lowman brings extensive experience in community banking. CSB's President and CEO, Steve Stone, expressed enthusiasm for Lowman’s local commitment and client focus. As of December 31, 2020, CSB reported approximately $1.15 billion in total assets, serving several communities across South Carolina and Georgia. CSB is a subsidiary of CoastalSouth Bancshares, Inc. (OTCQX: COSO).

Positive

• Appointment of Eric Lowman as Market President expected to strengthen local banking presence.
• Lowman's extensive experience in community banking may enhance customer relations and business growth.

Negative

• None.

BLUFFTON, S.C., Feb. 2, 2021 /PRNewswire/ -- Coastal States Bank (CSB) is pleased to announce that Eric Lowman has joined CSB as Market President of Bluffton and Beaufort.  

Eric joins CSB following a 28-year career with BB&T, now Truist, where he served as Beaufort County Market President.

"We are thrilled to welcome Eric to the CSB team," said Steve Stone, President and CEO of CSB. "Eric's commitment to his clients and his community are unparalleled. He is the perfect complement to our team of outstanding community bankers serving the Lowcountry. He is truly Local. And Proud of It."

Lowman is a native of York, South Carolina and received a degree in business administration with a concentration in banking and finance from the University of South Carolina.

Eric has served on the Board of Directors of the Greater Beaufort Chamber of Commerce and Smile for a Lifetime. He has volunteered with many local organizations, including the United Way of Beaufort County, Lowcountry Habitat for Humanity, and The Lowcountry SC Chapter of the American Red Cross.

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 Coastal States Bank please visit www.coastalstatesbank.com.

Media Contact:     Stephanie McKenzie 
                                Coastal States Bank 
                                 678.521.7231 
                                 smckenzie@coastalstatesbank.com

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SOURCE Coastal States Bank

FAQ

Who is the new Market President of Coastal States Bank (COSO)?

Eric Lowman has been appointed as the new Market President of Coastal States Bank for Bluffton and Beaufort.

What experience does Eric Lowman have before joining Coastal States Bank (COSO)?

Eric Lowman has 28 years of experience with BB&T, now Truist, where he served as Beaufort County Market President.

What is the total asset value of Coastal States Bank (COSO)?

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

When was Eric Lowman appointed as Market President at Coastal States Bank (COSO)?

Eric Lowman was appointed as Market President on February 2, 2021.

What communities does Coastal States Bank (COSO) serve?

Coastal States Bank serves communities in South Carolina, including Hilton Head Island and Bluffton, as well as areas in Georgia and beyond.