Coastal Financial Corporation is a bank holding company, whose wholly owned subsidiaries are Coastal Community Bank (Bank) and Arlington Olympic LLC (LLC). It operates through three segments: The Community Bank, CCBX and Treasury & Administration. The Community bank segment includes all community banking activities, with a primary focus on providing a wide range of banking products and services to consumers and small to medium-sized businesses in the broader Puget Sound region in the state of Washington and through the Internet and its mobile banking application. It operates in about 14 full-service banking locations, 12 of which are in Snohomish County. The CCBX segment provides banking as a service (BaaS) that allows its digital financial service providers, companies and brands to offer their customers banking services. The Treasury & Administration segment includes investments, debt and other reporting items that are not specific to the community bank or CCBX segments.