Our History

Coastal, based in Raleigh, NC, is a not-for-profit, member-owned, financial cooperative, committed to providing members with the financial services they need, when and where they need them - affordably, conveniently and professionally.

Established in August 1967, the credit union was formed through the efforts of eight employees of International Business Machines Corporation (IBM) who were confident that the Credit Union would help meet the financial needs of the local IBM community in Raleigh, NC. In 1991, the field of membership was expanded to include employees of other businesses throughout the Triangle and NC areas.

Today, Coastal provides service to members worldwide through a network of 14 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, our free Online Banking system, and Telephone Banking.