Coastal Carolina Bancshares, Inc. and Coastal Carolina National Bank Appoints Laurence S. Bolchoz as President and Chief Executive Officer
March 21, 2012 at 02:52 am IST
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Coastal Carolina Bancshares, Inc. announced the appointment of Mr. Laurence S. Bolchoz, Jr. as President and Chief Executive Officer, effective March 20, 2012, and of the company's wholly owned national bank subsidiary, Coastal Carolina National Bank. Mr. Bolchoz's appointment as Chief Executive Officer and President of the Bank is contingent upon the completion of a background check by the Bank's primary federal regulator. Mr. Bolchoz, age 47, has worked more than 25 years in the South Carolina banking industry. He has lived and worked in Myrtle Beach, SC since 1991.
Coastal Carolina Bancshares, Inc. is the bank holding company of Coastal Carolina National Bank (the Bank). The Bank is a nationally chartered commercial bank. The Bank is a locally operated financial institution focused on providing personalized service. The principal business activity of the Bank is to provide banking services to domestic markets, principally in Horry, Georgetown, Aiken, Richland, Greenville, Spartanburg, and Brunswick (NC) counties. The Bank offers a range of banking services designed to meet the specific needs of individuals and small and medium-sized businesses. The Bankâs loan portfolio consists of loans to individuals and businesses for various personal and commercial purposes primarily in its respective markets. The Bankâs loan portfolio includes construction and land development, real estate-residential, real estate-non-residential, commercial and industrial, and consumer and other. The Bank also has branches in Garden City, North Myrtle Beach, and others.