Coastal Community Bank Routing Number: All You Need to Know

The Coastal Community Bank routing number is a 9-digit code that identifies the bank and facilitates electronic fund transfers such as wire transfers, direct deposits, and ACH payments. Understanding the Coastal Community Bank routing number is crucial for seamless financial transactions.

Understanding Routing Numbers

A routing number is an integral part of the ACH (Automated Clearing House) network, which processes electronic fund transfers between financial institutions. Each bank and branch is assigned a unique routing number to ensure proper routing of funds.

Structure of the Routing Number

The Coastal Community Bank routing number, like all others, consists of three segments:

1. Federal Reserve Bank Identifier (FRB): This two-digit code identifies the Federal Reserve District in which the bank is located.
2. ABA (American Bankers Association) Identifier: This three-digit code is assigned to the individual bank.
3. Check Digit: This single-digit code is used as a verification mechanism to ensure accuracy during electronic fund transfers.

Coastal Community Bank Routing Number: 063100213

How to Find the Coastal Community Bank Routing Number

There are several ways to locate the Coastal Community Bank routing number:

• Checks and Bank Statements: The routing number is typically printed on the bottom left corner of checks and bank statements.
• Bank's Website: Most banks prominently display their routing number on their official websites.
• Call Customer Service: Contact Coastal Community Bank's customer service team at (843) 626-9090 for assistance in obtaining the routing number.

What is the Coastal Community Bank Routing Number Used For?

The Coastal Community Bank routing number is used for various financial transactions, including:

• Direct Deposits: Employers and government agencies use the routing number to send paycheck or benefit payments directly into your Coastal Community Bank account.
• Wire Transfers: Funds can be transferred electronically to or from Coastal Community Bank using the routing number.
• ACH Payments: The routing number facilitates automatic payments for bills, mortgage payments, and other regular expenses.
• Online Banking: The routing number is required for setting up online bill pay and other electronic banking services.

Common Mistakes to Avoid

• Confusing Account and Routing Numbers: Do not mix up the routing number with your bank account number. The routing number identifies the bank, while the account number identifies your specific account.
• Entering Incorrect Routing Number: Carefully verify the routing number before initiating any electronic fund transfers to avoid errors.
• Using an Outdated Routing Number: Banks may change their routing numbers over time. Always confirm the latest routing number from reliable sources.

Tips and Tricks

• Save the Routing Number: Store the Coastal Community Bank routing number in a secure location for easy reference.
• Double-Check: Always recheck the routing number before completing any financial transactions.
• Consider Using a Routing Number Look-Up Tool: Many online tools can help you find the routing number for any bank, including Coastal Community Bank.

Stories and Lessons Learned

Story 1: Lost Paycheck

A customer was expecting a direct deposit from their employer but did not receive it. After contacting their employer, they realized that the wrong routing number had been used. The funds were successfully transferred once the correct Coastal Community Bank routing number was provided.

Lesson Learned: Verifying the accuracy of the routing number is vital to ensure timely receipt of funds.

Story 2: Delayed Wire Transfer

A business needed to make a wire transfer but entered an incorrect Coastal Community Bank routing number. The transfer was delayed significantly as the funds were routed to the wrong bank.

Lesson Learned: Double-checking the routing number before initiating wire transfers can prevent costly delays.

Story 3: Unpaid Mortgage

A homeowner set up automatic mortgage payments using the Coastal Community Bank routing number. However, due to an outdated routing number on the bank's website, the payments were not processed correctly. This resulted in late fees and potential credit score damage.

Lesson Learned: Staying informed about routing number changes and confirming the accuracy of information on financial institution websites is crucial.

Table 1: Sample Coastal Community Bank Routing Numbers by State

Table 2: Routing Number Formats

Table 3: Top 10 Banks and Their Routing Numbers

Call to Action

Understanding and correctly using the Coastal Community Bank routing number is essential for seamless financial transactions. Whether you're making a wire transfer or setting up direct deposit, having the correct routing number ensures that your funds arrive on time and where they belong.