Celebrating 20 Years!
Thanks for letting us serve YOU for the past 20 years... and counting!
Founded in Everett, Washington on April 1, 1997, Coastal Community Bank is now the largest bank headquartered in Snohomish County. We operate 12 branches throughout Snohomish and Island Counties and proudly employ over 150 of your neighbors.
Coastal has always led with people. Our employees utilize their strengths to set the course and are empowered to do the right things for their clients. And for Coastal, an organization who knows what it takes to thrive as a small business, our mission is a given:
Our reason for being is to champion the small business owner.
The name champion resonates with us for many reasons. For many of the bank’s customers, Coastal was advocating for them when others wouldn’t. This was especially evident in the years leading up to the financial crisis of 2008 and the years that followed. Through the dozens of bank failures, mergers and consolidations in the Puget Sound area, Coastal maintained its commitment to the communities it serves.
Coastal started its Darrington branch on a card table in the front of a hardware store when a national bank threatened to pull up stakes and leave the town without a bank. On Camano Island, Coastal saw the fastest way to start helping small businesses was to set up shop out of a car. So they did. During the height of the financial crisis, Coastal bankers sat with business clients through late nights and frustrating spreadsheets to find ways to help fight for their struggling business. As our communities have endured crisis and triumph, our bankers were there. And that’s what we call the Local Difference!
A History We Are Proud to Call Our Own!
April 1st - Coastal turns 20 years old!
Coastal reaches $700 million in assets
Employee count exceeds 150
January: Evergreen Way Branch opened
May: Bank Administration moved to Evergreen Way
August: Marysville Branch opened
September: Coastal reaches $600 million in assets
April: Founder Lee Pintar retires position from board of directors
June: Mobile Banking released
August: Coastal Community Bank reaches $500 million in assets
February: Snohomish Branch opened
April: Smokey Point Branch opened
July: Coastal Community Bank reaches $400 million in assets
March: Coastal Community Bank reaches $300 million in assets
July: Bank Operations moved to Smokey Point
June: Coastal forms new Small Business Administration (SBA) Division
Coastal names Eric Sprink as CEO and president
February: Silver Lake Branch opened
June: Stanwood Branch moved to new location on State Route 532
June: Coastal reaches $250 million in assets
Bank Administration moved to Silver Lake
Monroe Branch moved to new location on State Route 2
June: Darrington Branch permanent location opened
September: Eric Sprink hired as president
March: Camano Island Branch opened
August: Darrington Branch temporary location opened
September: Freeland Branch opened
November: Stanwood “Branch” opened in a drive-up
Staffing reaches 40 employees
June: Coastal reaches $100 million in asset size
July: First Employee Giving Fund grants awarded ($1500). To-date, employees have given over $360,000.
June: Monroe Branch opened
September: Employee Giving Fund established
February: Sultan Branch opened
Record setting capital raise of $8 million for a new bank in Washington State.
April 1st: Founded by Lee Pintar, Coastal opened its doors in Downtown Everett.
May: The Downtown Everett Branch reaches $5 million in deposits