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COASTLINE FEDERAL CREDIT UNION

Dec, 31, 2020 — COASTLINE FEDERAL CREDIT UNION is a federal credit union headquartered in Jacksonville, FL with 4 branch locations and about $137.28 million in total assets. Opened 85 years ago in 1936, COASTLINE FEDERAL CREDIT UNION has about 10,286 members and employs 36 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 263079409
Name:COASTLINE FEDERAL CREDIT UNION
Address:
(Main Office)
4651 Emerson St
Jacksonville, FL 32207
Phone:(904) 346-1700
Fax:(904) 346-1700
Website:http://coastlinefcu.org
Branches:4 branch locations
Members:10,286
Credit Union Type:Federal Credit Union
Charter Number:1115
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Jun 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$137,277,840
CEO/Manager:Donna Johnson
Chairperson:Elaine Hall

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Interest Only or Payment Option 1st Mortgage Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 26,958,242
TOTAL INVESTMENTS 27,104,278
Loans Held for Sale 1,047,200
 
 Real Estate Loans 13,615,712
 Unsecured Loans 5,778,500
 Other Loans 43,305,825
 TOTAL LOANS 62,700,037
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -172,273
 Land And Building 737,513
 Other Fixed Assets 1,159,754
 NCUSIF Deposit 1,123,511
 All Other Assets 16,619,578
  TOTAL ASSETS 137,277,840
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,531,221
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 29,710,574
 Regular shares 53,304,772
 All Other Shares & Deposits 38,743,437
  TOTAL SHARES & DEPOSITS 121,758,783
  TOTAL LIABILITIES 123,290,004
 Regular Reserve 2,203,898
 Other Reserves 370,023
 Undivided Earnings 11,413,915
  TOTAL EQUITY 13,987,836
  TOTAL LIABILITIES, SHARES, & EQUITY 137,277,840
INCOME & EXPENSE  
 Loan Income 2,802,375
 Investment Income 270,543
 Other Income 3,045,168
 Total Employee Compensation & Benefits 2,483,447
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,681,465
 Non-operating Income & (Expense) -16,013
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 61,616
 Cost of Funds 473,106
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 402,439
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