Coastal Financial Corp. (NASDAQ: CCB) is the bank holding company for First Federal Bank of Florida, a full‐service community bank headquartered in Fort Pierce, Florida. Through its network of branches across southeastern Florida, the company offers a comprehensive suite of banking products and services tailored to individuals, small businesses, and commercial clients. Core offerings include deposit accounts, mortgage and consumer loans, commercial real estate financing, and treasury management solutions.
First Federal Bank of Florida serves both retail and institutional customers, providing online and mobile banking platforms alongside traditional branch services. Personal banking customers can choose from checking and savings accounts, certificates of deposit, and home equity lines of credit. Business clients benefit from customized lending programs, merchant services, and business deposit accounts designed to support operating, expansion, and cash‐flow needs. Wealth management services, including trust and investment advisory, are also available to high‐net‐worth clients in partnership with established third‐party asset managers.
Founded in 1949, First Federal Bank of Florida has deep roots in the regional economy, with Coastal Financial Corp. established as its bank holding company in 2017. Over the decades, the institution has expanded its footprint across Indian River, St. Lucie, Martin and Okeechobee counties, focusing on relationship banking and community engagement. The bank maintains strong ties to the local real estate market, agribusiness sector and tourism-driven economy through targeted lending and deposit initiatives.
Coastal Financial’s leadership team comprises seasoned banking professionals with decades of experience in community finance and regional economic development. The board of directors and executive officers bring expertise in credit risk management, retail banking operations, and regulatory compliance. This leadership group actively engages with local businesses, government agencies and nonprofit organizations to support economic growth and financial inclusion across the company’s service area.
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