CBC
National Bank Makes Donation to Wounded Warrior Project to Honor its Dedicated
Employees
BEAUFORT, S.C., Sept. 29, 2015 – Coastal
Banking Company Inc. (OTCQX:CBCO), the holding company of CBC National Bank, which
operates branches in Beaufort and Port Royal, S.C., and Fernandina Beach, Fla.,
today announced that CBC National Bank has made a donation to the Wounded
Warrior Project in honor of its employees.
To celebrate the
recent $10 billion funding milestone reached by its mortgage division, CBC
National Bank held a unique raffle set up to provide a donation to the Wounded
Warrior Project. For $5 per entry, CBC Bank employees could enter to win the
grand prize – to have their August mortgage or rent payment paid by the bank.
However, in the
spirit of the event, the winner – Samantha Ward, an assistant vice president
and underwriting manager, decided to add her mortgage payment to the total
amount raised, bringing the total donation to $3,500.
“We’re very
pleased to be able to make a meaningful donation to an organization that does
so much good for the brave men and women who have served our country,” said
Charles Wagner, president of CBC National Bank. “The raffle was a fun way to
engage our employees in an activity with a serious purpose to celebrate the success
of our mortgage division and celebrate the quality of our employees across the
Company. And the fact that Samantha Ward decided to add her prize to the total
shows the level of generosity and character among our employees.”
CBC National Bank proudly offers
our military veterans a VA loan program. VA loans are mortgages guaranteed by
the Department of Veterans Affairs. They offer military veterans exceptional
benefits, including lower interest rates and a no-down-payment option. The
program was designed to help military veterans realize the American Dream of
home ownership.
About Coastal Banking Company Inc.
Coastal Banking
Company Inc., headquartered in Beaufort, S.C., is the $549.1 million-asset bank
holding company of CBC National Bank, headquartered in Fernandina Beach, Fla.,
which provides a full range of consumer and business banking services through
full-service banking offices in Beaufort, Fernandina Beach, and Port Royal,
S.C. The company’s residential mortgage banking division, headquartered in
Atlanta, includes traditional retail and wholesale lending, as well as a
National Retail Group that has lending offices in Arizona, Florida, Georgia,
Maryland, Michigan, Indiana, Illinois and Ohio. The company’s Small Business
Administration lending division originates SBA loans primarily in Jacksonville,
Ft. Myers, Tampa and Vero Beach, Fla., Greensboro, N.C., and Beaufort. The
company's common stock is publicly traded on the OTCQX Markets under the symbol
CBCO. For more information, please visit
the company's website, www.coastalbanking.com.
