Jun, 30, 2024 — COASTLINE FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSONVILLE, FL with 4 branch locations and about $147.24 million in total assets. Opened 88 years ago in 1936, COASTLINE FEDERAL CREDIT UNION has about 10,078 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COASTLINE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4651 Emerson St JACKSONVILLE, FL 32207 |
| Phone: | (904) 346-1700 |
| Fax: | (904) 346-1700 |
| Website: | https://coastlinefcu.org |
| Branches: | 4 branch locations |
| Members: | 10,078 |
| 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, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $147,236,147 |
| CEO/Manager: | Michael Lebanowski |
| Chairperson: | Elaine Hall |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,164,612 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,123,850 |
| Real Estate Loans | 11,528,000 |
| Unsecured Loans | 5,670,965 |
| Other Loans | 51,649,742 |
| TOTAL LOANS | 72,649,069 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -142,935 |
| Land And Building | 675,142 |
| Other Fixed Assets | 973,512 |
| NCUSIF Deposit | 1,283,706 |
| All Other Assets | 0 |
| TOTAL ASSETS | 147,236,147 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,679,574 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 30,760,965 |
| Regular shares | 65,679,447 |
| All Other Shares & Deposits | 38,284,125 |
| TOTAL SHARES & DEPOSITS | 134,724,537 |
| TOTAL LIABILITIES | 136,404,111 |
| Regular Reserve | 0 |
| Other Reserves | -3,439,392 |
| Undivided Earnings | 14,271,428 |
| TOTAL EQUITY | 10,832,036 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 147,236,147 |
| INCOME & EXPENSE | |
| Loan Income | 2,077,759 |
| Investment Income | 635,479 |
| Other Income | 638,215 |
| Total Employee Compensation & Benefits | 1,707,229 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,058,434 |
| Non-operating Income & (Expense) | -8 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 59,738 |
| Cost of Funds | 206,165 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 413,683 |
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