Overview / Commentary
CoastLife Credit Union is headquartered in Corpus Christi and is the 63rd largest credit union in the state of Texas. It is also the 730th largest credit union in the nation. It was established in 1965 and as of June of 2024, it had grown to 123 employees and 37,171 members at 9 locations. CoastLife Credit Union's CD rates are 5X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership in CoastLife Credit Union is open to those who live or work in the Texas counties of Aransas, Nueces, Jim Wells, Kleberg, Duval, or San Patricio.
See current membership details
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11/23/10 - High-Yield Reward Checking Account at Coastal Community and Teachers Credit Union in Texas - Local Only
11/10/06 - 5.98% 60-Month CD at a Texas CU (Coastal Community and Teachers)
1/21/20 - Coastal Community And Teachers Credit Union Has Top-Rate 12-Month CD
6/20/16 - Coastal Community & Teachers CU (TX) Has 2 Reward Checking Accounts
11/23/10 - High-Yield Reward Checking Account at Coastal Community and Teachers Credit Union in Texas - Local Only
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Health
B
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68482 |
| Year Chartered | 1965 |
| Employees | 123 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.33% |
| Return on Equity - YTD | -3.47% |
| Annual Interest Income | $10.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $499.9MM$497.9MM |
| Loans | Q2 2024vs Q2 2023 | $332.3MM$346.6MM |
| Deposits | Q2 2024vs Q2 2023 | $445.8MM$447.5MM |
| Equity Capital | Q2 2024vs Q2 2023 | $47.9MM$44.6MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $5.4MM$5.7MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $7.3MM$4.4MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |