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National Credit Union Service Organization

COAST 2 COAST FINANCIAL CREDIT UNION

Mar, 31, 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 $28.67 million in total assets. Opened 31 years ago in 1991, COAST 2 COAST FINANCIAL CREDIT UNION has about 1,749 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:1,749
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:$28,668,288
CEO/Manager:Brandon L Hoffman
Chairperson:Kenneth W Wood

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,364,387
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 8,927,243
 Unsecured Loans 1,524,785
 Other Loans 11,806,388
 TOTAL LOANS 22,258,416
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -98,143
 Land And Building 335,057
 Other Fixed Assets 27,246
 NCUSIF Deposit 207,203
 All Other Assets 0
  TOTAL ASSETS 28,668,288
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 385,302
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,121,412
 Regular shares 13,390,492
 All Other Shares & Deposits 7,135,440
  TOTAL SHARES & DEPOSITS 24,647,344
  TOTAL LIABILITIES 25,032,646
 Regular Reserve 0
 Other Reserves 638,628
 Undivided Earnings 2,997,014
  TOTAL EQUITY 3,635,642
  TOTAL LIABILITIES, SHARES, & EQUITY 28,668,288
INCOME & EXPENSE  
 Loan Income 240,879
 Investment Income 10,113
 Other Income 70,106
 Total Employee Compensation & Benefits 92,371
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 112,296
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 872
 Cost of Funds 12,288
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 151,047
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