David Fernandez Joins Coastal as VP, Internal Audit

by Joe Mecca

VP, Communication / Company Spokesperson

10.14.2021
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Coastal News

Coastal Credit Union has hired David Fernandez as the organization’s new VP, Internal Audit. He will report to directly to Coastal’s Supervisory Committee and will lead the credit union’s audit services team.

In his role, he will be responsible for providing independent, objective assurance services to management and the Supervisory Committee in a way that’s designed to add value and improve Coastal's operations, as well as helping Coastal accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of its risk management, control, and governance processes.

Fernandez joins Coastal from Credit Suisse, where he was most recently a VP of Internal Audit.  He brings with him nearly 18 years of audit experience, and has worked across a variety of industries, both locally and internationally. He is a graduate of UNC Chapel Hill, and holds a Masters degree in Accounting from UNC Greensboro.  

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Coastal Credit Union is a not-for-profit, member-owned, financial cooperative, offering a full range of financial products and services. Coastal was chartered on August 31, 1967 with the mission of fostering the credit union philosophy of “people helping people.”  Today, with $4.38 billion in assets, Coastal serves 292,000 members from 1,800 business partners and is among the leading financial institutions in North Carolina.  Coastal operates 23 branches in central North Carolina and serves members in all 50 states through a network of 5,000 shared branches, 30,000 surcharge-free ATMs, mobile banking featuring mobile check deposit, and a robust offering of online services at www.COASTAL24.com. For more Coastal news, visit our online newsroom.