Coast Central Assets Grow to over $1.3 Billion

COAST CENTRAL ASSETS GROW TO OVER $1.3 BILLION   Coast Central Credit Union announced its 2017 financial results at the credit union’s annual membership meeting on Thursday, February 22. Ron Rudebock, Board of Directors Chair, and John Gladding, Board Treasurer, reported that total assets had grown 8% to $1.382 billion. Additionally, total deposits increased by 7.9% to $1.164 million, total loans grew by over 10% to $617.2 million, and membership to over 67,000. Net income for the year was $12.4 million, total capital reached $149.5 million, and return on average assets was 0.93%. In other business, elections were held for …


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