Dec, 31, 2023 — COASTLINE FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSONVILLE, FL with 4 branch locations and about $134.59 million in total assets. Opened 88 years ago in 1936, COASTLINE FEDERAL CREDIT UNION has about 10,227 members and employs 36 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 |
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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: | 10,227 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1115 |
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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, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $134,586,007 |
CEO/Manager: | Michael Lebanowski |
Chairperson: | Sandra Hall |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,346,108 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 18,816,957 |
Unsecured Loans | 7,267,532 |
Other Loans | 51,476,320 |
TOTAL LOANS | 83,097,724 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -538,109 |
Land And Building | 631,372 |
Other Fixed Assets | 932,377 |
NCUSIF Deposit | 1,200,640 |
All Other Assets | 0 |
TOTAL ASSETS | 134,586,007 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 3,750,000 |
Accounts Payable & Other Liabilities | 1,636,958 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 29,486,533 |
Regular shares | 56,266,079 |
All Other Shares & Deposits | 32,666,161 |
TOTAL SHARES & DEPOSITS | 118,418,773 |
TOTAL LIABILITIES | 123,805,731 |
Regular Reserve | 0 |
Other Reserves | -3,655,696 |
Undivided Earnings | 14,435,972 |
TOTAL EQUITY | 10,780,276 |
TOTAL LIABILITIES, SHARES, & EQUITY | 134,586,007 |
INCOME & EXPENSE | |
Loan Income | 4,110,958 |
Investment Income | 1,082,818 |
Other Income | 401,184 |
Total Employee Compensation & Benefits | 2,591,461 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,047,961 |
Non-operating Income & (Expense) | 195 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 215,903 |
Cost of Funds | 709,923 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 301,757 |
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