Coastal Financial Corp. is a bank holding company, which engages in the provision of banking products and services to small and medium-sized businesses, professionals, and individuals. The company is headquartered in Everett, Washington and currently employs 461 full-time employees. The company went IPO on 2018-07-18. Its segments include The Community Bank and CCBX. The Community Bank segment provides a range of banking products and services to consumers and small to medium sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. The CCBX segment provides banking as a service that allows its broker-dealer and digital financial service partners to offer their customers banking services. The company offers a variety of loans to business owners, including commercial and industrial loans and commercial real estate loans secured by owner-occupied commercial properties. The company also offers non-owner occupied commercial real estate loans, multi-family loans, and construction and development loans to investors and developers. The company operates over 14 full-service banking locations.