Coastal Carolina Bancshares completes merger with Beacon Holding

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Coastal Carolina Bancshares, Inc. Announces Completion of Merger of Equals with Beacon Holding Company, Inc.

October 1, 2026 1:01 PM EDT

CHARLESTON, SC / ACCESS Newswire / October 1, 2026 / Coastal Carolina Bancshares, Inc. (OTCQX:CCNB), the parent company of Coastal Carolina National Bank, today announced the completion of its merger of equals with Beacon Holding Company, Inc. (OTCQB: BCON), the parent company of Beacon Community Bank. At the effective time of the merger, Beacon merged with and into Coastal, with Coastal continuing as the surviving corporation.

Following the merger, Beacon branch locations will now operate as "Beacon Community Bank, a division of Coastal Carolina... More