Sep, 30, 2025 — COASTAL COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in GALVESTON, TX with 4 branch locations and about $97.14 million in total assets. Opened 69 years ago in 1957, COASTAL COMMUNITY FEDERAL CREDIT UNION has about 11,138 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COASTAL COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2302 Church St GALVESTON, TX 77550 |
| Phone: | (409) 765-6067 |
| Fax: | (409) 765-9853 |
| Website: | https://www.coastalcommunityfcu.org |
| Branches: | 4 branch locations |
| Members: | 11,138 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11927 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $97,139,427 |
| CEO/Manager: | Ronesha Holmes |
| Chairperson: | Gilbert Robinson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,500,935 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,100,619 |
| Unsecured Loans | 8,269,912 |
| Other Loans | 28,786,226 |
| TOTAL LOANS | 52,165,344 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -520,264 |
| Land And Building | 4,102,707 |
| Other Fixed Assets | 352,039 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 800,856 |
| All Other Assets | 88,994 |
| TOTAL ASSETS | 97,139,427 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 30,019 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,125,745 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,221,010 |
| Regular shares | 36,530,028 |
| All Other Shares & Deposits | 37,545,795 |
| TOTAL SHARES & DEPOSITS | 86,296,835 |
| TOTAL LIABILITIES | 87,452,599 |
| Regular Reserve | 0 |
| Other Reserves | 1,643,547 |
| Undivided Earnings | 8,043,281 |
| TOTAL EQUITY | 9,686,828 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 97,139,427 |
| INCOME & EXPENSE | |
| Loan Income | 2,902,322 |
| Investment Income | 928,932 |
| Other Income | 800,975 |
| Total Employee Compensation & Benefits | 1,520,790 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,279,746 |
| Non-operating Income & (Expense) | 6,882 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 494,696 |
| Cost of Funds | 698,659 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 201,280 |
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