{"id":1897,"date":"2018-03-01T22:08:31","date_gmt":"2018-03-01T22:08:31","guid":{"rendered":"https:\/\/coastccu1dev.wpenginepowered.com\/?p=1897"},"modified":"2025-09-04T07:46:05","modified_gmt":"2025-09-04T07:46:05","slug":"coast-central-assets-grow-1-3-billion","status":"publish","type":"post","link":"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/","title":{"rendered":"Coast Central Assets Grow to over $1.3 Billion"},"content":{"rendered":"<h2 style=\"font-size:24px;\">COAST CENTRAL ASSETS GROW TO OVER $1.3 BILLION<\/h2>\n<p>&nbsp;<\/p>\n<p>Coast Central Credit Union announced its 2017 financial results at the credit union\u2019s 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%.<\/p>\n<p>In other business, elections were held for the volunteer Board of Directors and Supervisory Committee. Re-elected to the Board of Directors for three-year terms were Ron Rudebock, Bob Gearheart, and Joyce Jury. Paula Mushrush was reelected to the Supervisory Committee.<\/p>\n<p>Coast Central President &amp; CEO James T. Sessa stated, \u201cWe are very pleased about our results for 2017. They represent the hard work and dedication of an outstanding team of employees committed to the member experience as well as the trust and vote of confidence from our loyal membership. The longtime credit union motto of \u2018people helping people\u2019 remains firm as we look to 2018.\u201d<\/p>\n<p>Founded in 1950, Coast Central Credit Union is the largest member-owned financial institution on the North Coast. It operates 12 Member Services Branches and 18 ATMs throughout Humboldt, Del Norte and Trinity counties. In addition, with recent Coast Central Board of Directors approval, members now have access to 30,000 ATMs nationwide within the CO-OP Network without any fees for all transactions. Copies of the 2017 Annual Report are available at any of the credit union\u2019s Member Services Branches and online at coastccu.org.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COAST CENTRAL ASSETS GROW TO OVER $1.3 BILLION &nbsp; Coast Central Credit Union announced its 2017 financial results at the credit union\u2019s annual membership meeting on Thursday, February 22. Ron Rudebock, Board of Directors Chair, and John Gladding, Board Treasurer, &hellip;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1897","post","type-post","status-publish","format-standard","hentry","category-news-posts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Coast Central Assets Grow to over $1.3 Billion - Coast Central Credit Union<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coast Central Assets Grow to over $1.3 Billion - Coast Central Credit Union\" \/>\n<meta property=\"og:description\" content=\"COAST CENTRAL ASSETS GROW TO OVER $1.3 BILLION &nbsp; Coast Central Credit Union announced its 2017 financial results at the credit union\u2019s annual membership meeting on Thursday, February 22. Ron Rudebock, Board of Directors Chair, and John Gladding, Board Treasurer, &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Coast Central Credit Union\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coastcentral\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-01T22:08:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-04T07:46:05+00:00\" \/>\n<meta name=\"author\" content=\"Jonathan Schram\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@coastcentral\" \/>\n<meta name=\"twitter:site\" content=\"@coastcentral\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jonathan Schram\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\"},\"author\":{\"name\":\"Jonathan Schram\",\"@id\":\"https:\/\/www.coastccu.org\/#\/schema\/person\/4e7c79b3d6e1c851b76906a7f30e6294\"},\"headline\":\"Coast Central Assets Grow to over $1.3 Billion\",\"datePublished\":\"2018-03-01T22:08:31+00:00\",\"dateModified\":\"2025-09-04T07:46:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\"},\"wordCount\":270,\"publisher\":{\"@id\":\"https:\/\/www.coastccu.org\/#organization\"},\"articleSection\":[\"News Posts\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\",\"url\":\"https:\/\/www.coastccu.org\/coast-central-assets-grow-1-3-billion\/\",\"name\":\"Coast Central Assets Grow to over $1.3 Billion - 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