Overview / Commentary
CoastLife Credit Union is headquartered in Corpus Christi and is the 62nd largest credit union in the state of Texas. It is also the 743rd largest credit union in the nation. It was established in 1965 and as of December of 2020, it had grown to 114 employees and 36,258 members at 8 locations. CoastLife Credit Union's money market rates are 36% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in CoastLife Credit Union is open to those who live or work in Aransas, Nueces, Jim Wells, Kleberg, Duval, or San Patricio Counties in Texas.
See current membership details
Health
A
Data as of Q4 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68482 |
| Year Chartered | 1965 |
| Employees | 114 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 11.49% |
| Annual Interest Income | $16.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $408.8MM$354.4MM |
| Loans | Q4 2020vs Q4 2019 | $280.9MM$289.6MM |
| Deposits | Q4 2020vs Q4 2019 | $360.3MM$313.5MM |
| Equity Capital | Q4 2020vs Q4 2019 | $43.9MM$37.9MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.1MM$3.2MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $3.3MM$2.3MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |