EXHIBIT 23

            CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM


The Board of Directors
Coastal Financial Corporation:

We consent to incorporation  by reference in the  registration  statements (Nos.
33-52212,  333-01274,  333-49741,  333-54794,  and  333-114040)  on Forms S-8 of
Coastal Financial  Corporation and subsidiaries of our report dated December 14,
2005,  with respect to the  consolidated  statements  of financial  condition of
Coastal  Financial  Corporation  and  subsidiaries  as of September 30, 2005 and
2004,  and the related  consolidated  statements  of  operations,  stockholders'
equity  and  comprehensive  income,  and cash flows for each of the years in the
three-year  period ended  September  30, 2005,  management's  assessment  of the
effectiveness of internal  control over financial  reporting as of September 30,
2005, and the  effectiveness of internal control over financial  reporting as of
September  30, 2005 which report is  incorporated  by reference in the September
30, 2005 Annual Report on Form 10-K of Coastal Financial Corporation.


/s/ KPMG LLP

Raleigh, North Carolina
December 14, 2005