At about $9 billion in assets, Coast Federal Bank, Los Angeles, is a midsize mortgage player.

In many respects, its strategies are similar to those of large thrifts. For example, it has cut its cost of funds through an aggressive pursuit of checking accounts, according to Coast's chief operating officer Robert L. Hunt 2d. And it is strong in fee-producing businesses such as the sale of mutual funds and annuities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.