Coastal Community Bank
FDIC #34403
📍 Everett, Washington
Coastal Community Bank is a commercial bank, state charter and fed member, supervised by the federal reserve (frb). established in April 1, 1997. With assets of $3.67 Billion, it operates 14 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: March 7, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
March 7, 2022
Satisfactory
September 25, 2017
Satisfactory
September 16, 2013
Satisfactory
💰 Financial Strength
Total Assets$3.67 Billion
Total Deposits$3.30 Billion
Equity Capital$322.32 Million
Net Income$37.40 Million
📈 Performance
ROA1.45%
ROE16.71%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
EstablishedApril 1, 1997
FDIC Cert34403
Holding CoCoastal Financial Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 5:00 PM
Tuesday8:30 AM - 5:00 PM
Wednesday8:30 AM - 5:00 PM
Thursday8:30 AM - 5:00 PM
Friday8:30 AM - 6:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2017
Relocation
Moved HQ to: 5415 Evergreen Way, Everett, WA 98203.