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Home > Company Index > Banking > Banking - Southeast > Coastal Financial Corporation

Coastal Financial Corporation
Nasdaq (SC): CFCP
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 NEWS FROM THE WIRES
Coastal Financial sets 3-for-2 stock split
Jul 31 2001 12:31 PM PDT

More WIRE STORIES about this company

 PROFILE
Dude! Catch a wave to Coastal Financial. The Myrtle Beach-based holding company is the parent of Coastal Federal Savings, which operates 11 branches in Horry County, South Carolina, as well as two branches in North Carolina. The bank offers various deposit products including checking and savings, NOW and money market accounts, as well as CDs and IRAs. Coastal Federal originates one- to four-family mortgage loans (more than half of total loans), commercial real estate, construction, business, and consumer loans. The bank emphasizes adjustable-rate rather than fixed-rate mortgages. Other Coastal Financial subsidiaries make real estate investments.

 COMPETITION
First Citizens BancShares, Inc. (FCNCA)
First Financial Holdings, Inc. (FFCH)
The South Financial Group, Inc. (TSFG)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 64.00
1-Yr. Sales Growth: 15.9%
Employees: 235
Revenue per employee: $272,340.43

 KEY PEOPLE
• Michael C. Gerald
    CEO
• Jerry L. Rexroad
    CFO

 CONTACT INFO
2619 N. Oak St.
Myrtle Beach, SC 29577
US
Phone: 843-448-5151
Fax: 843-626-0594

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