Cementos Argos SA (CCB)

Overview

Coastal Financial Corporation serves as the parent company for Coastal Community Bank, an institution dedicated to serving small and medium-sized businesses, professionals, and individual clients within the Puget Sound region of Washington. Since its inception in 1997 and with headquarters in Everett, Washington, the bank has grown to offer a comprehensive range of banking solutions, prominently aimed at fostering the financial growth and stability of the communities it serves. Coastal Financial Corporation distinguishes itself by offering personalized banking experiences, combined with the convenience of modern technology, to meet the diverse needs of its customers.

Products and Services

• Deposit Products: The bank offers a broad spectrum of deposit products tailored to meet the needs of its individual and business clients. This includes demand and savings accounts, time deposits, and money market accounts. Each product is designed to offer security and competitive returns on deposits, making managing finances more efficient for customers.
• Commercial and Industrial Loans: Coastal Community Bank provides a variety of loan options such as term loans, commercial lines of credit, capital call lines, working capital loans, equipment financing, and borrowing base loans. It also specializes in Small Business Administration loans. These financial products are aimed at supporting business growth, operational needs, and investment opportunities for various business sectors.
• Real Estate and Construction Loans: The bank offers financing solutions for owner and non-owner-occupied real estate projects, multi-family residential projects, as well as for construction, land, and land development endeavors. These loans are designed to support the real estate market and development in the region with flexible terms and competitive rates.
• Residential Real Estate Loans: For individuals looking to purchase or refinance their homes, Coastal provides residential real estate loans with a view to making home ownership more accessible.
• Consumer and Other Loans: A diverse range of consumer loans including automobile, boat, and recreational vehicle loans, secured term loans, as well as personal lines of credit which include overdraft protection. These are aimed at fulfilling the personal financing needs of customers.
• Remote Deposit Capture, Online and Mobile Banking: Coastal Financial Corporation integrates advanced digital banking solutions, including remote deposit capture, along with comprehensive online and mobile banking services. This enables customers to manage their finances conveniently and securely from anywhere at any time.
• Business Accounts and Cash Management: The bank offers specialized business checking and savings accounts, treasury services, and cash management solutions designed to facilitate efficient financial management and operational liquidity for businesses.
• Banking as a Service (BaaS): Through its innovative BaaS platform, Coastal Financial Corporation extends its banking services to broker dealers and digital financial service providers, allowing them to offer banking solutions to their clients. This service grows the bank’s reach beyond traditional banking, adapting to the evolving digital finance landscape.