COASTAL FINANCIAL CORP

Coastal Financial Corporation is the holding company for Coastal Community Bank, a regional bank serving the Puget Sound area of Washington. The bank provides traditional deposit products including demand and savings accounts, time deposits, and money market accounts to small and medium-sized businesses, professionals, and individuals. Its lending portfolio encompasses commercial and industrial loans, real estate financing across multiple categories (owner-occupied, non-owner-occupied, multi-family, and construction), residential mortgages, and consumer loans. The company also offers cash management services, remote deposit capture, online and mobile banking, and debit card products.

A significant revenue stream is the company's Banking as a Service platform, which allows broker-dealers and digital financial service providers to offer banking services to their customers through Coastal's infrastructure. This business line represents a differentiation point from traditional community banks and reflects the company's expansion beyond its geographic footprint.

The company operates with 483 full-time employees and maintains its headquarters in Everett, Washington. Founded in 1997, Coastal Financial remains focused on the Pacific Northwest market, where it serves as a regional alternative to larger national banking institutions.