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As a not-for-profit financial cooperative, it's in our very nature to act in the best interest of our members, who are also our owners. Simply put, we answer to you. As if being the owner of your financial institution isn't reason enough to become a member, here are few of the many ways we're committed to sharing with you, and setting ourselves apart from big banks who answer to Wall Street.
We aren't a bank,and that's a good thing
Why We Share
Saving You Money
Helping you Earn More
A 50-Year History of Sharing
Part of Your Community
You can also
Download our Mobile App and open an account,
Visit a branch, or call 800-868-4262
Learn more about the differences between a bank and a credit union
Coastal was chartered on August 31, 1967 as IBM Raleigh Employees Federal Credit Union. We were formed by a group of eight IBM employees who had the vision of sharing the financial benefits of belonging to a credit union with their coworkers, families and community. As we celebrate our 50th anniversary, we'd like to take a look back on some of the milestones we've passed along the way:
As a not-for-profit cooperative, Coastal is governed by a volunteer board of directors who are elected by, and from, our membership. Our management team works to foster a company culture of putting our members first; where we do well by doing right.