Bank holding company providing banking and financial services through its subsidiary, Coastal Community Bank.
Coastal Financial Corporation serves as a pivotal bank holding company overseeing Coastal Community Bank, a key financial institution catering to a diverse clientele across Washington's Puget Sound region. Known for its comprehensive range of banking products and services, Coastal Financial Corporation supports small to medium-sized businesses, professionals, and individual customers alike. The bank accepts various deposit products, including demand and savings accounts, time deposits, and money market accounts, ensuring it meets the diverse financial needs of its community. Additionally, Coastal Community Bank offers an array of lending solutions, encompassing commercial and industrial loans, real estate financing, construction loans, and consumer loans such as automobile and recreational vehicle loans.
In response to evolving customer preferences and technological advancements, Coastal Financial Corporation has embraced digital innovations to enhance its service offerings. The bank provides remote deposit capture, online and mobile banking options, and direct and reciprocal deposit services, underscoring its commitment to convenient and efficient banking solutions. Moreover, the institution supports businesses through tailored cash management services, including treasury services and banking as a service (BaaS), which empowers broker dealers and digital financial service providers to extend banking capabilities to their clients seamlessly.
Established in 1997 and headquartered in Everett, Washington, Coastal Financial Corporation has steadily expanded its presence with 14 full-service banking locations strategically positioned throughout the region. By prioritizing customer satisfaction and community engagement, Coastal Community Bank reinforces its role as a trusted financial partner dedicated to fostering economic growth and financial stability within the communities it serves. Looking ahead, the corporation continues to uphold its commitment to innovation and customer-centric banking solutions while maintaining a strong foothold in the competitive financial services landscape.