Coastway Bancorp, Inc. (CWAY) Files Form 4 Insider Buying : Malcolm G Jr Chace Buys 1,000 Shares

Coastway Bancorp, Inc. (CWAY): Malcolm G Jr Chace , director of Coastway Bancorp, Inc. purchased 1,000 shares on Jun 13, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $12.59 per share for a total value of $12,588.30 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 17, 2016, Debra M. Paul (director) purchased 682 shares at $12.58 per share price.On Nov 24, 2015, David P. Disanto (director) purchased 900 shares at $11.30 per share price.Also, On Nov 13, 2015, Phillip Kydd (director) purchased 230 shares at $11.15 per share price.On Nov 13, 2015, Mark E. Crevier (director) purchased 2,000 shares at $11.26 per share price.

Coastway Bancorp Inc. is a bank holding company. The Company’s wholly owned subsidiary Coastway Community Bank (the Bank) is a Rhode Island-chartered stock savings bank. The Bank provides a variety of financial services to individuals families and businesses throughout Rhode Island. The Bank’s principal business consists of attracting retail deposits from the general public in its market area and investing those deposits together with funds generated from operations and borrowings in one- to four-family residential real estate loans home equity loans and lines of credit commercial real estate loans the United States Small Business Administration (SBA) loans commercial business loans commercial construction loans and consumer loans. The Bank has no investment securities other than its required investment in Federal Home Loan Bank of Boston stock. Deposits are the Bank’s primary source of funds for use in lending and investment activities.

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