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National Credit Union Service Organization

COAST 2 COAST FINANCIAL CREDIT UNION

Dec, 31, 2021 — COAST 2 COAST FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in TAMPA, FL with 1 branch location and about $27.28 million in total assets. Opened 31 years ago in 1991, COAST 2 COAST FINANCIAL CREDIT UNION has about 1,804 members and employs 5 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: 263183117
Name:COAST 2 COAST FINANCIAL CREDIT UNION
Address:
(Main Office)
8916 Sabal Industrial Blvd
TAMPA, FL 33619
Phone:(813) 621-9631
Fax:(813) 664-0525
Website:http://www.c2cfcu.com
Branches:1 branch locations
Members:1,804
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68016
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1991
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$27,277,612
CEO/Manager:Brandon L Hoffman
Chairperson:Kenneth W Wood

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,040,016
TOTAL INVESTMENTS 3,191,822
Loans Held for Sale 0
 
 Real Estate Loans 8,615,796
 Unsecured Loans 1,499,285
 Other Loans 11,249,538
 TOTAL LOANS 21,364,619
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -85,105
 Land And Building 302,986
 Other Fixed Assets 18,003
 NCUSIF Deposit 207,203
 All Other Assets 238,068
  TOTAL ASSETS 27,277,612
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 559,242
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,644,650
 Regular shares 13,058,872
 All Other Shares & Deposits 6,530,251
  TOTAL SHARES & DEPOSITS 23,233,773
  TOTAL LIABILITIES 23,793,015
 Regular Reserve 638,630
 Other Reserves 0
 Undivided Earnings 2,845,967
  TOTAL EQUITY 3,484,597
  TOTAL LIABILITIES, SHARES, & EQUITY 27,277,612
INCOME & EXPENSE  
 Loan Income 827,968
 Investment Income 60,026
 Other Income 270,955
 Total Employee Compensation & Benefits 438,454
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 426,318
 Non-operating Income & (Expense) -756
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 8,820
 Cost of Funds 63,165
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 386,312
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