RALEIGH, N.C. — Coastal Federal Credit Union is now among the 45 largest credit unions in the country as it has surpassed $2 billion in assets.
Since Jan. 1 Coastal has added more than $139 million in assets and increased membership by 8,000 to reach 177,000 members. A new high-dividend checking account that Coastal debuted earlier this year brought in more than 3,000 new accounts for the credit union.
"The high-dividend checking account was a piece of the puzzle that was really missing for us," Joseph Mecca, director of community and corporate relations.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
