Happy Anniversary, Chuck!

by Joe Mecca

VP, Communication / Company Spokesperson


Please join us on congratulating Chuck Purvis on celebrating his 20-year anniversary with Coastal, which is May 14th.  In his two decades at Coastal, he has been widely regarded as a visionary, a leader, an inspiration and a mentor.

Chuck has left a permanent, positive mark on the very fabric of credit unions. From innovation and employee development, to member education and support for the community, the examples below speak volumes:

  • Service to credit unions across the state in his first industry job at the NC Credit Union League
  • Leadership at US Central Credit Union and Coastal
  • Service to the industry through board leadership roles at National Credit Union Foundation and CO-OP Financial Services
  • Creation of the NCUF’s Community Investment Fund
  • Invention, development and deployment of Personal Teller Machine technology, leading Coastal to become the first in the world to deliver teller service 100% through video tellers.
  • Formation of the Coastal Credit Union Foundation and the Power of Sharing, which have put more than $2.7 million in grants into the community.  
  • Our 2016 merger with Freedom Credit Union, which added 8,000 members, extended Coastal’s reach into two new communities, and greatly improved the services that were available to Freedom’s membership.
  • Invention and development of the Constellation digital services platform
  • During Chuck’s time as CEO, Coastal has doubled in assets to $4 billion, and added more than 100,000 members!

In the past year, under Chuck’s leadership, Coastal helped our employees, our members and our community to weather the various effects of COVID.  In many ways, our success through the pandemic is tied to the lessons we learned during the financial crisis of 2008 and 2009, and many of the programs and practices that Chuck pushed us to implement to ensure we would be prepared for the next major challenge that might arise.

He has always pushed Coastal to be able to do more, to do better, to be efficient while remaining effective, to embrace change, and to help relax the concerns of those who fear change. He has done this through the lens of our cooperative principles and our mission, vision and values. Because of this, every credit union, employee and member is better off.

Thank you, Chuck, and congratulations on all you’ve achieved so far!

An Award-Winning Career:

  • 2016 Businessperson of the Year – Triangle Business Journal
  • 2017 Chief Executive of the Year – Credit Union Executives Society
  • 2018 CEOs of the Year – Triangle Business Journal
  • 2018 Herb Wegner Memorial Award – National Credit Union Foundation
  • 2021 Power List – Business North Carolina


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