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EVERETT, Wash., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank, announced that Jason Wingo has joined the Bank as Senior Vice President, Head of Bank Security Act (BSA) and Anti-Money Laundering (AML) Strategy and Solution Management. He reports to Brian Ferrell, EVP, Head of Financial Crimes.
EVERETT, Wash., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the bank holding company for Coastal Community Bank announced that Brian Hamilton has joined its Board of Directors.
Community banks have had a tough year as the collapse of Silicon Valley Bank, First Republic Bank and Signature Bank sent shockwaves through the domestic banking industry.
Community banks have had a tough year as the collapse of Silicon Valley Bank, First Republic Bank, and Signature Bank sent shockwaves through the domestic banking industry. One standout that has weathered the storm is Coastal Financial Corp ( CCB , Financial) which is a bank holding company for Coastal Community Bank, a large community bank that provides banking products and services to busines...
EVERETT, Wash., June 20, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB), the Bank holding company for Coastal Community Bank, is making its first move towards the Metaverse. The Bank Holding Company revealed Coastal World, an immersive 3D web platform that promotes, educates, and informs visitors about digital banking solutions that best fit their lifestyle, values, or spe...
EVERETT, Wash., May 09, 2023 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (NASDAQ: CCB), the parent company of Coastal Community Bank, was awarded the Raymond James Community Bankers Cup for 2022. Coastal has received the award for the fourth consecutive year.
First Quarter 2023 Highlights: Quarterly net income of $12.4 million , or $0.91 per diluted common share, for the three months ended March 31, 2023 , compared to $13.1 million , or $0.96 per diluted common share for the three months ended December 31, 2022 . Total assets increased $306.6 million , or 9.7% , to $3.45 billion for the quarter ended March 31, 2023 , compared to $3.14 billion at Dec...
With inflation falling to 5%, the expectations for sustained rate hikes have fallen considerably. Even though core inflation did rise and the labor market remains strong, the Federal Reserve, for now, is unlikely to hike interest rates further.
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