# COAST COMMUNITY BANK

> **Failed bank** · HARBOR, OR · failed 1985-01-11 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

COAST COMMUNITY BANK of HARBOR, OR was closed by regulators on **1985-01-11**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **SECURITY BANK OF COOS CO** (COOS BAY, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 953
- **FDIC Certificate:** 22757
- **FDIC FIN:** 2436
- **Bank name:** COAST COMMUNITY BANK
- **Location:** HARBOR, OR
- **Failure date:** 1985-01-11
- **FDIC resolution date:** 1985-01-11
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $8M
- **Assets at failure:** $9M
- **Acquiring bank:** SECURITY BANK OF COOS CO (COOS BAY, OR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COAST%20COMMUNITY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COAST COMMUNITY BANK (FDIC ID 953), failed 1985-01-11. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/953.

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