Coastal Financial adds Stephan Klee to its Board of Directors

– USA, WA – Coastal Financial Corporation (NASDAQ:CCB), the bank holding company for Coastal Community Bank announced that the Board of Directors expanded the size of the Company’s Board of Directors to 10 members and appointed Stephan Klee to the Company’s Board of Directors to fill the newly created vacancy.

Mr. Klee is the Chief Financial Officer at Portag3 Ventures, which makes investments in innovative financial services companies. Prior to joining Portag3, Mr. Klee served as Chief Financial Officer of Zenbanx Holding, Inc. and remained in an executive capacity after its merger with SoFi, Inc., one of the largest U.S. fintech companies. Previously, Mr. Klee served as a Senior Vice President at Bank of Nova Scotia, at ING Direct Canada, where he was CFO and Treasurer from 2011 to 2014, and at ING Direct USA, where he served as Chief of Staff from 2002 to 2011. He began his career at Deutsche Bank in Germany. Mr. Klee attended the University of Applied Sciences in Germany before earning an MBA at the Ivey Business School. He is also an AMP graduate from Harvard Business School.

Mr. Klee adds his expertise in emerging technologies and digital banking to the company’s board, bringing a new perspective as banking and customer access to banking services continues to evolve.

About Coastal Financial Corporation

Coastal Financial Corporation is the bank holding company for Coastal Community Bank, headquartered in Everett, Washington, which provides a wide range of banking products and services to consumers and small to medium sized businesses in the Puget Sound region in the state of Washington. As of March 31, 2018, Coastal had total assets of $831.0 million, total loans of $678.5 million and total shareholders’ equity of $66.9 million.

For more information : http://www.coastalbank.com

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