Coastal States Bank Expands into Charleston with New Commercial Banking Team
Edward Vaughan, Charleston Market President, Coastal States Bank • Photo Credit: Coastal States Bank
CHARLESTON, S.C., January 19, 2026 (FINANCE INTERVIEWS) — Coastal States Bank has announced its expansion into the Charleston market.
Finance Blog
•
Finance Blog •
David Wenger, Senior Commercial Banker, Coastal States Bank • Photo Credit: Coastal States Bank
The move extends the bank’s presence in South Carolina’s Lowcountry, where it has operated in Beaufort County for more than two decades. As part of the expansion, Coastal States Bank has established a locally based commercial banking team to serve businesses across the Charleston area.
Finance News
•
Finance News •
Edward Vaughan has been named Charleston Market President. He is joined by David Wenger as Senior Commercial Banker and Thomas Pritchard as Commercial Banker. The team brings more than 50 years of combined banking experience and will focus on commercial and industrial lending, commercial real estate lending, and treasury management services for small and mid-sized businesses.
Thomas Pritchard, Commercial Banker, Coastal States Bank • Photo Credit: Coastal States Bank
“Our expansion into Charleston builds upon the strong foundation we have established in the Lowcountry and reflects our continued investment in this dynamic region. This market values relationships, local expertise, and trust—values that define how we do business. Charleston and this outstanding team of bankers, led by Edward Vaughan, are a natural fit for our relationship-driven banking model. Following our initial public offering and listing on the New York Stock Exchange last July, this investment marks the next exciting chapter in the CSB story,” said Stephen R. Stone, President and Chief Executive Officer of Coastal States Bank.
“It is an honor to join the CSB team. Charleston’s business community is diverse, entrepreneurial, and deeply connected to this region. Our team is proud to bring a relationship banking approach that combines local insight with the service and financial resources businesses need to succeed,” said Vaughan.
Coastal States Bank operates community banking locations across South Carolina, Georgia, and the Atlanta metropolitan area, and also provides specialized lending services nationwide. The bank reported approximately $2.3 billion in total assets.
For more information, visit www.coastalstatesbank.com.
Source: Coastal States Bank
