Coastal Federal Credit Union

Coastal Federal Credit Union
Coastal Federal Credit Union
Type Credit union
Industry Financial services
Founded 1967
Headquarters Raleigh, North Carolina, United States
Key people Larry T. Wilson
(President and CEO)
Products Savings; checking; consumer loans; mortgages; credit cards; investments; online banking
Website COASTAL24.com

Coastal Federal Credit Union is a not-for-profit, member-owned financial cooperative located in Raleigh, North Carolina.[1] As of 2010, Coastal had $1.94 billion in assets and more than 190,000 members.[2]

History

Established in August 1967, Coastal was formed through the efforts of eight employees of International Business Machines Corporation (IBM) to meet the financial needs of the local IBM community in Raleigh. In 1991, the field of membership was expanded to include employees of other businesses throughout certain North Carolina areas.

Today, Coastal provides service to members worldwide through a network of 15 branches located in Apex, Cary, Durham, Garner, Raleigh, and the Research Triangle Park, the Transaction Call Center, which provides toll-free telephone access and mail capabilities, and its free Online Banking system.

External links

References

  1. ^ http://www.sas.com/offices/africa/southafrica/news/preleases/103006/news1.html
  2. ^ [1] 2010 Annual Report 1 April 2011.

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