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National Credit Union Service Organization

COAST 2 COAST FINANCIAL CREDIT UNION

Sep, 30, 2022 — COAST 2 COAST FINANCIAL CREDIT UNION is a federally insured state chartered credit union headquartered in TAMPA, FL with 1 branch location and about $28.66 million in total assets. Opened 32 years ago in 1991, COAST 2 COAST FINANCIAL CREDIT UNION has about 1,742 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:https://www.c2cfcu.com
Branches:1 branch locations
Members:1,742
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:$28,656,733
CEO/Manager:Brandon L Hoffman
Chairperson:Kenneth W Wood

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,002,729
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,799,909
 Unsecured Loans 1,538,080
 Other Loans 12,737,651
 TOTAL LOANS 24,075,640
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -96,868
 Land And Building 324,233
 Other Fixed Assets 35,550
 NCUSIF Deposit 232,338
 All Other Assets 0
  TOTAL ASSETS 28,656,733
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 243,250
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,171,421
 Regular shares 12,795,693
 All Other Shares & Deposits 7,498,313
  TOTAL SHARES & DEPOSITS 24,465,427
  TOTAL LIABILITIES 24,708,677
 Regular Reserve 0
 Other Reserves 638,628
 Undivided Earnings 3,309,428
  TOTAL EQUITY 3,948,056
  TOTAL LIABILITIES, SHARES, & EQUITY 28,656,733
INCOME & EXPENSE  
 Loan Income 752,285
 Investment Income 46,708
 Other Income 223,253
 Total Employee Compensation & Benefits 264,504
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 345,330
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 872
 Cost of Funds 38,706
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 463,461
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