Coastal in the Community
“Community” is our Middle Name
Coastal employees provide significant support and involvement with many local community organizations, serving thousands of hours as board members and volunteers. In fact, with just under 140 employees in 2014, over 80% contributed to the employee giving fund and over half volunteered in their communities logging over 11,000 hours.
In recognition of the extraordinary commitment of staff time and bank resources to the communities we serve, The Puget Sound Business Journal recognized Coastal and our employees with a Corporate Champion Award in 2014. In July of the same year, readers of the Herald newspaper also voted us ‘Best Bank’ in their annual Reader’s Choice poll. Whether or not we continue to receive recognition, we believe local banking is essential to building stronger communities.
Employee Giving Fund
Employees joined together in 2001 to establish the Coastal Community Bank Employee Giving Fund supporting charitable causes in the communities we serve and live in. Supported entirely by donations contributed by employees, the Fund enables them to pool their donations for the greatest impact in each community. Employees direct the grants made from the fund by serving on the grant advisory committee each grant cycle.
- Since 2001 inception, the Fund has awarded 234 grants totaling $234,514.22
- Coastal pays for the maintenance fees, so all employee contributions are available for charitable giving
- First bank in Snohomish County to create and support an employee managed fund.
- Role model for other employee managed company funds.
- The oldest Snohomish County based bank Giving Fund that is active.
Lee Pintar, Founder of Coastal Community Bank, explained why the Employee Giving Fund was created. "It's representative of the bank's commitment to Community. We believed this is the best way to deliver charitable dollars to the communities where we do business. This is about the bank's employees doing something together in order to make a real impact." The bank has placed the Fund at the Greater Everett Community Foundation, and community non-profit organizations interested in applying for a grant can find applications at their web site www.greatereverettcf.org.