Coastal Financial Corporation is a bank holding company headquartered in Everett Washington, that operates through its wholly owned subsidiary, Coastal Community Bank.

 Since 1997, Coastal Community Bank has delivered a full range of banking services to small and medium-sized businesses, professionals, and individuals throughout the greater Puget Sound area through its 15 full-service branches in Snohomish, Island, and King Counties, the Internet, and its mobile banking application. Coastal is the largest community bank by deposit market share.

 The Company opened its 15th branch in Arlington, Washington during the second quarter 2020. The Bank’s main branch and the headquarters of the Bank and Company are located in Everett, Washington. The Bank’s deposits are insured in whole or in part by the FDIC. The Bank’s loans and deposits are primarily within the greater Puget Sound area, and the Bank’s primary funding source is deposits from customers. The Bank also provides banking as a service (“BaaS”) that allow our broker dealers and digital financial service partners to offer their customers banking services. The Bank is subject to regulation by the Federal Reserve and the Washington State Department of Financial Institutions Division of Banks. The Federal Reserve also has supervisory authority over the Company.