Construction to start on South Atlantic Bank Mount Pleasant headquarters
June 17, 2016
MOUNT PLEASANT, SC – As crews prepare to clear the lot on Johnnie Dodds Boulevard, work will be underway on South Atlantic Bank’s new home base in Mount Pleasant.
The building site is a 1.36 acre parcel in front of the Queensborough Shopping Center that the bank has leased from an affiliate of Charleston-based Jupiter Holdings, LLC.
The new building will resemble the bank’s offices in the Myrtle Beach and Murrells Inlet markets, including pulley-operated ceiling fans, deep porticos, and louvered storm shutters. The 8,000 square-foot, two-story facility will house a full-service branch on the first floor, with space on the second floor to be leased to tenants. ESD Architecture of Charlotte designed the building and Coastal Structures of Georgetown will serve as the contractor.
The design uses a southern coastal color palette, with shades of brown, cream, and mossy green, and includes a brick veneer of rusty red and browns. The metal roof is made of double lock 22 gauge steel in a shade of brown called “Weathered Zinc” and the Bahama Shutters for windows on the first and second floor are black aluminum. Siding and trim work will be in Hardie Board “Sailcloth” and the vertical siding on the second floor is in Hardie Board “Heathered Moss.”
The overall branch design emphasizes easy, convenient service. Customer amenities will include drive-thru lanes, a drive-up automated teller machine (ATM), and a comfortable reception area with free Wi-Fi and hot coffee. The building will use technology to enhance the customer’s banking experience. For example, a user-friendly kiosk will allow customers to learn about the bank’s products and services, including online and mobile banking. At the teller line, a teller pod will streamline the processing of deposits for faster, more efficient service. Additionally, customers will be able to access their safe deposit boxes without assistance from branch personnel via a new biometric access system. To gain entry to the safe deposit room, the customer places his hand on the reader and enters a personal code, then uses his key to open the box.
South Atlantic Bank has had a presence in the market since October 2013, when it opened a loan production office at 1127 Queensborough Boulevard. That location became a full-service banking office in August 2014, upon receipt of approvals from the FDIC and the South Carolina State Board of Financial Institutions. The current location is just minutes from the building site, and will close when the new office opens.
Chairman of the board and chief executive officer K. Wayne Wicker stated, “Our new office will serve as the bank’s headquarters in Mount Pleasant and is being built to accommodate the bank’s growth in the years to come. Our team in Mount Pleasant has done an excellent job in establishing the bank’s presence and reputation and we are looking forward to getting construction underway.”
About South Atlantic Bank
South Atlantic Bank, the subsidiary bank of South Atlantic Bancshares, Inc. (OTCQX: SABK), is a $443.1 million financial institution that is locally owned, controlled, and operated. The bank is headquartered in Myrtle Beach, South Carolina, with additional offices in Murrells Inlet, Pawleys Island, Georgetown, North Myrtle Beach, and Mount Pleasant, South Carolina.
