Coastal Financial Corporation is a bank holding company operating a community bank across the Puget Sound region of Washington State through physical branches and digital channels, complemented by a banking-as-a-service division that provides deposit, lending, and transaction processing infrastructure to fintech and digital financial partners. The community bank generates revenue primarily from interest on loans and deposits to consumer and small-to-medium-sized business customers, while the banking-as-a-service segment generates fixed and variable fees from partner agreements, with credit risk substantially transferred back to partners through indemnification provisions. The company funds operations through customer deposits and wholesale funding sources, maintaining a diversified revenue model across lending, deposit services, and banking infrastructure provision.