Branch Location & Accessibility
Welcome to Coastal1 at the Mineral Spring Avenue Branch! Conveniently located at 1617 Mineral Spring Ave in North Providence, RI, our branch is here to serve your financial needs with a friendly smile. Whether you're stopping by for personal banking, auto loans, or mortgage services, you'll find everything you need right here. While you can visit us at this location for all your banking needs, official correspondence should be sent to our mailing address at 1617 Mineral Spring Ave, North Providence, RI 02904-4029. Situated in a bustling area close to local shops and restaurants, our branch is easily accessible for everyone. We offer ample parking for our visitors, ensuring that your trip is as convenient as possible. Plus, our branch is ADA compliant, featuring ramps and accessible entrances so that all members of the community can visit us without any hassle. At Coastal1, we understand that your time is valuable. That's why we have tailored our operating hours to fit your busy schedule. Our lobby welcomes you Monday through Wednesday from 9 AM to 4 PM, extending those hours on Thursdays and Fridays until 6 PM. Need to stop by on Saturday? We're open from 9 AM to 12 PM just for you! If drive-thru service suits you better, we're ready to assist you Monday through Saturday during similar hours. For added convenience, we also provide ATM access so you can manage your cash quickly and efficiently. Our drive-thru banking allows you to conduct simple transactions like deposits and withdrawals without leaving your vehicle. We invite you to explore our range of services designed with your financial goals in mind. From checking and savings accounts to auto loans and business banking solutions, there's something for everyone here at Coastal1. Feel free to reach out by calling us at 401-353-5291 if you have any questions or if you're ready to take the next step towards achieving your financial dreams. We look forward to welcoming you into the Coastal1 family!
Financial Strength
At Coastal1, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to maintaining a strong financial foundation to support your needs and aspirations. With a net worth of $342,716,812, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.27% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,245,841,680 in share certificates and $425,772,446 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $20,345,752, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. Our commitment to growth is reflected in our $339,414,636 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $28,499 in used auto loans and $2,903,238,744 in total loans and leases, our lending capacity supports members' financial goals across various sectors. We also take pride in having 288 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our operational efficiency is evident as well; our $4,149,278 reflects our ability to keep delivering competitive loan rates and solid financial products for our members. Net Shares (Funds available for lending and investments): $6,864,585. Total Share and Deposit Accounts: 223,200, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Coastal1 is your trusted partner. Visit us at 1617 Mineral Spring Ave North Providence Ri 02904 or call (401) 353-5291 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.
