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 … Continue reading →

Eureka – Coast Central Credit Union (CCCU) President/CEO James T. Sessa, announced that its Board of Directors has approved $50,000 in grants to six local organizations as part of its Community Investment Program: $11,000:  Humboldt County Special Olympics for transportation and lodging costs for its athletes $10,000:  Farmers Market’s North Coast Growers Association for a truck for operations and safety equipment $10,000:  Trinity Food Outreach to expand the food bank and replace the refrigeration/freezer unit $7,000:    Blue Lake School for Chromebooks for a classroom $7,000:     Humboldt Bay Fire Department for a thermal imaging camera $5,000:    Humboldt Library Foundation for … Continue reading →

A small number of members are receiving text messages claiming to be from Coast Central Credit Union, and directing them to call a local number. If they do call that number, they are warned that their direct deposit has been cancelled, and that they need to input their credit card number for verification. These texts are not from Coast Central, and are an attempt to steal your account information. As a reminder, Coast Central will never use your card information to verify your identity. We will only contact you at the contact information you have on file with us. Please … Continue reading →

Five community grants totaling $50,000 have been awarded by Coast Central Credit Union. This was announced today by Dean G. Christensen, the credit union’s President/CEO. To date, the credit union has awarded $950,000 to 80 worthwhile community organizations. As part of its Community Investment Program, the credit union’s volunteer Board of Directors approved the following community awards: $13,989 to the Trinity County Life Support, to support the purchase of a Stryke battered-powered gurney to assist with emergency medical care. $10,200 to the Wild Souls Ranch to support the service horses used with foster youth and adopted youth. $10,096 to the … Continue reading →

Continuing the outstanding performance, Coast Central Credit Union has been able to record another year of substantial growth. Presenting the 2016 Annual Report at the credit union’s annual membership meeting held Thursday, February 23rd, Ron Rudebock, Chairman of the credit union’s volunteer Board of Directors noted, “in 2016, our members once again reaffirmed their trust and satisfaction in their credit union.” Membership grew to over 65,000, assets increased by 10.3% to $1.280 billion and total capital increased to end the year at $132.1 million. “The continued investment from 3000 new members…now factor to 37% of the tri-county region,” stated John … Continue reading →

As Coast Central Credit Union prepares to celebrate 67 Years of providing quality member service to its members in the tri-county region; we are honored to be recognized once again as a 5-Star rated financial institution by BauerFinancial, Inc., the nation’s leading bank and credit union rating and research firm.  BauerFinancial, Inc. has been analyzing and rating the nation’s financial institutions since 1983 and Coast Central Credit Union has earned this highest 5-Star rating for the most recent 91 consecutive quarters (That’s over 22 Years!).  This rating, based on March, 2017 financial data, indicates that Coast Central Credit Union is … Continue reading →

Trina Stokley is the new Coast Central Credit Union Manager, Member Services for the Weaverville location. Stokley has a strong background in banking, beginning her career right out of high school. Before coming to Coast Central, she was a store manager and loan officer with Umpqua Bank where she worked for over 20 years. Stokley stated, “My greatest accomplishment is the relationships I have made and will continue to make in this community.” Stokley has remained active in the community as the current Vice President and board member for Junction City Elementary School where she volunteers for various functions throughout … Continue reading →

Four community grants totaling $50,000 have been awarded by Coast Central Credit Union.  This was announced today by Dean G. Christensen, the credit union’s President/CEO.  To date, the credit union has awarded $900,000 to 75 worthwhile community organizations.  As part of its Community Investment Program, the credit union’s volunteer Board of Directors approved the following community awards: $20,000 to the Turner House Project (Eureka), to support the purchase of a housing facility for at-risk teenagers and young adults $12,650 to the Arcata Volunteer Fire Department to support the purchase of thermal imaging cameras to enable firefighters to better perform during … Continue reading →

Member-owned Coast Central Credit Union recently surpassed a major milestone—over $1 Billion dollars in member deposits! This $1 Billion dollars, from our over 63,000 members in Humboldt, Del Norte, and Trinity Counties, is carefully managed and invested to benefit our members with higher dividend rates on deposit accounts, and lower interest rates on loans. Local non-profit organizations and our community also benefit through the many donations Coast Central makes each year. Thank you to our members for their continued support.