Beacon Community Bank


Overview / Commentary
843-990-5510
578 E. Bay Street, Suite D
Charleston, SC 29403

Beacon Community Bank is headquartered in Charleston and is the 25th largest bank in the state of South Carolina. It is also the 1,913th largest bank in the nation. It was established in 2018 and as of June of 2022, it had grown to 44 employees at 3 locations. Beacon Community Bank has an A health rating.

Reviews (1)

We Love Beacon Community Bank!!!!!

My wife and I started banking at Beacon Community Bank this summer and already we can tell it was the right move for us!! We have moved all of our banking to them to include checking, savings, money market, CD, mortgage, and HELOC. Kristen Hopson, our Branch Manager and Jason Wall, our Loan Officer, could not have been more professional or easier to work with. Jason even showed up at our closings to be there to answer any questions we might have had. This is the 6th real estate closing my wife and I have been through and we have NEVER, not once, had the loan officer show up at the closing. This shows me that Beacon Community Bank is more concerned about their relationships with their customers than they are about their account balances. Every single step of the way has been easy and great!! The friendly service and thorough explanations of their wide variety of products is outstanding. If you want a branch you can walk in to and speak with a friendly, smiling associate, you have it with Beacon. If you want to do all your banking online with the latest and greatest technology, you have it with Beacon. If you want a local bank that will serve your every banking need and do it like no other bank, then Beacon Community Bank is for you. Go sit and speak with them. It will be worth your time.

We love our bank!!



Health

Health Grade Components

Overall
FDIC Certificate #59106
Year Established2018
Employees44
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD6.19%
Annual Interest Income$7.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$438.7MM$337.1MM
LoansQ2 2022vs Q2 2021$376.4MM$277.6MM
DepositsQ2 2022vs Q2 2021$382.3MM$266.5MM
Equity CapitalQ2 2022vs Q2 2021$37.2MM$31.4MM
Loan Loss AllowanceQ2 2022vs Q2 2021$4.5MM$3.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$0$0
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Beacon Community Bank are currently being reviewed.

Locations


Beacon Community Bank Locations
Beacon Community Bank578 E Bay St Ste DCharleston, SC 29403
Mount Pleasant Branch966 Houston Northcutt Blvd., Suite CMount Pleasant, SC 29464
Daniel Island Branch20 Fairchild StreetCharleston, SC 29492
Sea Island Shopping Center Branch1210 Ben Sawyer BlvdMount Pleasant, SC 29464

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