Coastal Community Bank Announces $375,000 in Multiyear Community Development Grants
Key Highlights
- ➤Coastal Community Bank awarded $375,000 in multiyear community development grants
- ➤LISC received $150,000 over three years for Everett and Snohomish County development
- ➤VOA received $150,000 over three years for Lynnwood Neighborhood Center construction
- ➤HCESC received $75,000 over three years for affordable-housing capacity building
- ➤Coastal Financial operates a $5.46 billion bank with 14 full-service branches
Expert Statements
Chris Adams, Executive Chair at Coastal Community Bank
“These organizations are doing essential work to expand housing and economic opportunity in our communities”
Chris Adams, Executive Chair at Coastal Community Bank
“Multiyear funding gives them the flexibility to build partnerships, strengthen their teams, and carry projects forward.”
Chris Adams, Executive Chair at Coastal Community Bank
“We’re proud to support work that will make a lasting difference for our neighbors in Snohomish and King counties.”
EVERETT, Wash., Oct. 07, 2026 (GLOBE NEWSWIRE) -- Coastal Community Bank (the “Bank”, “Coastal”, or “we”) has awarded three multiyear community development grants totaling $375,000 to nonprofit organizations serving Snohomish and King counties.
Local Initiatives Support Corporation Puget Sound (“LISC”) received a $150,000 grant over three years to support community development efforts in Everett and Snohomish County. The funding will help bring community partners together, strengthen local organizations, coordinate development strategies, and advance projects that expand housing and economic opportunity.
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