CoastalStates Bank

CoastalStates Bank


Overview / Commentary
843-341-9958
5 Bow Circle
Hilton Head Island, SC 29928

CoastalStates Bank is headquartered in HILTON HEAD ISLA and is the 3rd largest bank in the state of South Carolina. It is also the 573rd largest bank in the nation. It was established in 2004 and as of December of 2024, it had grown to 179 employees at 11 locations. CoastalStates Bank has an A health rating.

Reviews (3)

Business Account $ Held Hostage

Posted by: |

Coastal States Bank - I went with them as they are local and around the corner. After a large sum was deposited into my Business Account I tried to take an owner's draw. They will not allow the external transfer to any account unless it has my business name on it. I've had other businesses and have always kept my personal and business accounts at separate banks for security purposes. Why would you block people from accessing their accounts? Best Practices say to keep your business account and your personal account at separate banks.

Now I have to update ALL of my accounts after finding a new bank! Frustrating and just bad business!

Customer For 9 Years Treated Like A Criminal For Bank Mistake

Posted by: |

After banking with Coastal States with no problems for 9 years, a recent experience with their customer service has caused me to open an account elsewhere. I currently have no access to my money because of a mistake they made.

A clerical error was made where funds were incorrectly put into my account 13 months ago. Unfortunately, I did not catch this, which I understand is my fault and I take full responsibility.

However, the two women I spoke with practically accused me of criminal activity for a mistake THEY made OVER A YEAR AGO. This is completely unacceptable! When I started crying on the phone, she told me I was being emotional. They made no effort to apologize, accept responsibility, or offer sympathy for the inconvenience or anxiety they caused me.

I understand they were doing their jobs, but to make the assumption that I intentionally did this knowingly and willingly is wrong and inappropriate.

Massive Fees

Horrible, criminal, raping the American people with massive fees. 124% loan to interest.



Health

Health Grade Components

Overall
FDIC Certificate #57756
Year Established2004
Employees179
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.12%
Return on Equity - YTD11.45%
Annual Interest Income$123.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$2.1B$2.02B
LoansQ4 2024vs Q4 2023$1.57B$1.49B
DepositsQ4 2024vs Q4 2023$1.84B$1.75B
Equity CapitalQ4 2024vs Q4 2023$218.5MM$190.1MM
Loan Loss AllowanceQ4 2024vs Q4 2023$17.1MM$15.5MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$8.6MM$363K
Real Estate OwnedQ4 2024vs Q4 2023$864K$0
Rates

Sorry, we do not have rate data for CoastalStates Bank.

Locations


Cities: Alpharetta, Atlanta, Bluffton, Cumming, Dawsonville, Hilton Head Island, Savannah

Alpharetta Branches
Alpharetta Branch3000 Summit PlAlpharetta, GA 30009

Atlanta Branches
Sandy Springs Branch6160 Roswell RoadAtlanta, GA 30328
Mt Paran Branch2060 Mount Paran Road, Northwest, Suite 100Atlanta, GA 30327

Bluffton Branches
Sun City Branch30 William Pope DriveBluffton, SC 29909
Bluffton Village Branch7 Thurmond WayBluffton, SC 29910

Cumming Branches
Cumming Branch5835 Bethelview RoadCumming, GA 30040

Dawsonville Branches
Foothills Community Branch70 Carlisle RoadDawsonville, GA 30534

Hilton Head Island Branches
Coastalstates Bank5 Bow CirHilton Head Island, SC 29928
Main Street Branch98 Main StreetHilton Head Island, SC 29926

Savannah Branches
Savannah Branch339 Martin Luther King Jr. BlvdSavannah, GA 31401

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