Coastal Community Bank

We are proud to share our collective efforts in serving our local communities through our employee giving fund, volunteer program, and corporate philanthropic efforts. Kudos to all at Coastal that are committed to helping others.

The Future of Hiring is Here: Skills Over Degrees! The job market is evolving, and businesses are shifting from degree-based hiring to skills-based hiring. Why? Because what you can do matters more than where you studied. ?? 81% of C-suite execs are embracing skills-first hiring ?? 85M+ skilled worker shortage projected by 2030 ?? Tech, healthcare, and finance are hit hardest by talent gaps By prioritizing skills, businesses can attract top talent and future-proof their workforce. Are you ready to hire for skills, not just resumes? ?? Details here --> https://lnkd.in/gD8e_erF

?? Looking for the best budget apps to help take control of your finances in 2025? ??? We have heard these might be a good place to start: ?? YNAB – Uses zero-based budgeting to give every dollar a job and help you stay on track. ?? Goodbudget – A digital envelope system that makes it easy to allocate and track spending. ?? Honeydue – Perfect for couples managing shared expenses and bills together. ?? Take charge of your financial future! Which app will you try first? Have better recommendations? Let us know in the comments! ?? #Budgeting #MoneyManagement #PersonalFinance

Many businesses avoid hiring recent grads due to lack of experience—but with the right support, they can be game-changers for your team! ?? ? Offer internships & apprenticeships ? Focus on soft skills training ? Provide mentorship opportunities ? Set clear expectations ? Encourage continuous learning New grads bring fresh ideas, tech-savviness, and long-term potential. Invest in them today, and you might just be building your company’s future leaders! ???? Details here --> https://lnkd.in/gBPVGYDp #Hiring #TalentDevelopment #FutureLeaders #WorkforceSuccess #BusinessTips #Careers #Jobs

A huge THANK YOU for voting Coastal as the Best Bank and Best Place to Work in Snohomish County. And, for recognizing us for third place in the Best Mortgage Officer category! We couldn't have achieved this without your support and trust. Your votes mean the world to us. Here's to more milestones and memorable moments together!

Here is what everyone is talking about with China’s new AI model Deep Seek: Increased Accessibility & Affordability: DeepSeek's AI advancements provide more cost-effective and widely available AI solutions, making cutting-edge technology more accessible. Intellectual Property & Ethical Concerns: The rapid rise of DeepSeek raises questions about potential breaches of proprietary technology and ethical implications in AI development. Market Disruption & Competition: DeepSeek's innovations challenge existing AI leaders, reshaping market dynamics and driving competition in AI accessibility and pricing. What are you hearing? Is the hype real?

The 401(k) game just got stronger. Here's what's new: Automatic Enrollment: Most employers will now auto-enroll workers into 401(k) plans to boost retirement savings. Employees can still opt out, but this step makes saving easier than ever! Part-Time Worker Eligibility: More part-time employees will qualify for 401(k) plans under new rules—fostering inclusivity and giving everyone a chance to build a brighter financial future. Each employer plan is unique and may not permit these changes. A full breakdown and further details are outlined here --> https://lnkd.in/gYHj3VfN

One in five job listings were fake in 2024, according to a survey by Resume Builder! Here are some key takeaways from the findings: - 4 in 10 companies posted job listings they didn’t intend to fill. - 7 in 10 believe posting fake listings is morally acceptable. - Construction, Art, and Legal industries had the highest number of ghost listings (based on data from Greenhouse). Can we find better ways to motivate employees in 2025? What are your thoughts? Read the full research by Resume Builder and Greenhouse for more insights.

Great news for those savvy savers! The IRS has announced the new contribution limits for 2025: 401(k): Up to $23,500 (with an additional $7,500 for those 50+ and $11,250 for those aged 60-63). IRA: Remains at $7,000 (with a $1,000 catch-up for those 50+). HSA: Individual limit is $4,300, and family limit is $8,550. Take advantage of these increased limits to boost your retirement and health savings. Start planning now to make the most of your future contributions! #Retirement #401k #IRA #HSA #FinancialPlanning #MoneyTips #Savings

Check fraud is one of the most significant threats facing businesses today. Criminals are targeting U.S. mail to steal checks, leading to substantial financial losses. Real-Life Example: A small business owner in Everett mailed a $30,000 check at the local post office, only to have it intercepted and altered by fraudsters. The check was cashed, and the funds were lost. Protect Your Business: Use checks with security features like void indicators and chemically reactive paper. Consider electronic payment options like ACH or wire transfers. Verify account information by phone, not email, to avoid business email compromise. Enroll in Positive Pay and monitor it daily. Learn more about how to safeguard your business from these threats here --> https://lnkd.in/gysgN_bU Stay vigilant and protect your business! #FraudPrevention #BusinessSecurity #CheckFraud #EmailCompromise #SecurePayments #ACH #WireTransfers #PositivePay #BusinessTips #FinancialSafety #Scams #SmallBusiness