IN THE NEWS
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- Sierra Bancorp Announces Agreement to Acquire Coast Bancorp (1/4/2016)
- New Members on CNB's Board of Directors (6/25/2014)
- OCC Terminates Coast National Bank's Consent Order (4/21/2014)
- CEO Letter to Coast National Bank Shareholders (05/17/2012)
- Outstanding CRA Rating for Coast National Bank! (04/30/2012)
- Coast National Bank Names Anita Robinson As CEO (1/20/2012)
In Our Community
At Coast National Bank, we work hard to strengthen our community in any way we can. Through securing grants for low-income housing, economic development and women-owned enterprises, to funding loans for various non-profit organizations and low-income/affordable housing projects, we are dedicated to improving the lives of everyone who lives on the Central Coast. Below are some of the organizations we've worked with.
AVILA BEACH COMMUNITY FOUNDATION
The mission of the Avila Beach Community Foundation is to fund projects and accept donations for the enhancement and betterment of the Avila Beach community. To accomplish this mission, the board of trustees uses the organization's earnings to finance community improvement projects. Between 2001 and 2006 the foundation awarded over $1,400,000 for approximately 65 grant projects. For more information, call 805-595-2213 or email email@example.com.
CNB helped arrange a loan to assist in the remodel of the Community Center and obtained a grant to help fund the Friday Farmers Market events on Front Street.
FAMILY CARE NETWORK
This SLO City based non-profit serves the needs of foster children, emancipated youth and their families throughout SLO and Santa Barbara Counties. Their purpose is to create family based treatment and support programs as an alternative to group home or institutional care for children and youth. They currently serve over 1,400 clients.
CNB obtained a $56,000 grant to assist them with the Halcyon transitional Housing Program.
HABITAT FOR HUMANITY
Habitat for Humanity for San Luis Obispo County is an ecumenical Christian organization comprised of individuals, churches, businesses and organizations, without reference to race, creed or religious affiliation, committed to providing affordable housing opportunities for very low-income residents of San Luis Obispo County. For more information call 805-782-0687 or visit www.hfhsloco.org.
Locally, CNB helped obtain funds for a home in Cambria built for a family of seven, approved loans for several homes in the City of SLO and helped with raising funds for and assisting in building a frame home to ship to the hurricane relief efforts in Alabama.
KCBX is a cultural resource which exists to enlighten and enrich the quality of life for the people within its listening area. KCBX will strive to serve the listening public with interests in classical music, jazz, alternative musical arts, and public affairs programs and will encourage an interest in and appreciation of fine arts and issue oriented news for the people of our community. For more information call 805-549-8855 or visit www.kcbx.org.
The Bank funded the purchase of sophisticated software to help them upkeep a county-wide community calendar.
OCEANO COMMUNITY CENTER
The new environmentally–friendly community center boasted a regulation size basketball court as well as two practice courts, three volleyball courts, a gourmet kitchen, stage that can be used both indoors and outdoors with an amphitheater, meeting rooms including one that accommodates forty people with audio/visual equipment and a workout center. It was home to a basketball league for South County children, after school programs and was also available to residents and businesses to rent for special events.
With a seven figure construction loan and federally guaranteed long-term mortgage secured by Coast National Bank, the Community Center was able to complete construction and commence operations. The bank also worked with Advantage Answering Plus to arrange donated computers to the center.
PASO ROBLES NON-PROFIT HOUSING CORP
The Paso Robles Nonprofit Housing Corporation was organized to build a much needed 40 unit low income Senior Apartment complex. The project included a multipurpose room and other amenities for the residents.
The Bank applied for / obtained a nearly six hundred thousand dollar Federal Home Loan Bank grant and then provided construction financing for the project. This effort enabled the costs to be brought down so it was affordable to low-income seniors.
PEOPLE'S SELF-HELP HOUSING CORP
PSHHC is a nationally award-winning nonprofit organization providing affordable rental and ownership housing throughout San Luis Obispo, Santa Barbara and Ventura counties. PSHHC has assisted over 1000 low-income households to build their first home, and owns and manages more than 1,200 affordable rental units. The Health and Community Services division, created in early 1999, provides quality comprehensive health, social service and educational programs for PSHH residents. For more information, call 805-781-3088 or visit www.pshhc.org.
Coast National Bank has helped the organization obtain grants totaling nearly one million dollars for multiple building projects.
SAN LUIS CHILDREN'S MUSEUM
The San Luis Obispo Children's Museum's operates a wonderful facility on Nipomo and Monterey streets in downtown San Luis Obispo. It provides a variety of experiences in the arts, humanities and sciences for children ages 2-10. The Museum programs include an expanded early childhood education center for children 4 and younger, a celebration space for birthdays and a Museum store. For more information, call 805-545-5874 or visit www.slocm.org.
When the museum's computers suddenly crashed during construction of this facility Coast National Bank donated a top notch new computer with software to help keep the construction on track.
SAN MIGUEL RESOURCE CONNECTION
The San Miguel Resource Connection is a community driven, non-profit organization that strives to benefit residents of San Miguel by obtaining funds, resources and building proactive partnerships. Their purpose is to facilitate and encourage economic development in the downtown core of San Miguel, promote a healthy community, provide positive activities for youth, decrease cultural barriers, celebrate San Miguel's history and engage in long-range community planning to foster responsible growth. For more information, visit www.discoversanmiguel.com.
By obtaining an economic development grant for the organization Coast National Bank was able to help them fund an economic study and hire a part-time executive director/grant writer.
SOUTH COUNTY CHILDREN'S MUSEUM "EXPLORATION STATION FOR TECHNOLOGY"
The organization accepts donated computers, rebuilds the hardware and updates the software then donates them to low-income families. They also provide computer training for the families and support services as well. For further information call 805-473-1421 or email firstname.lastname@example.org.
Coast National Bank submitted grants on behalf of the program.