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Introducing two major enhancements to our checking accounts!

Posted October 26, 2023 in From CEO
Photo of Tyler Grodi
by Tyler Grodi
President & CEO

As part of our ongoing commitment to providing you with top-notch financial services, we're introducing two major enhancements to make your banking experience with Coastal even better:

1. Early Pay – Your Paycheck, Your Schedule!

Starting today, members with eligible direct deposits1 will now get paid early, giving you access to your paycheck as soon as it comes in. There is no enrollment required and no fee. Early Pay is included with Direct Deposit. 

Why Early Pay is a Game-Changer:

Early Pay can give you faster access to your money – as soon as it’s available. This lets you use it when you need it most, helping you grow your savings and pay your bills!

2. Go Green Checking & Go Green Money Market – Now Easier and More Rewarding!

Starting November 1st, members who have Go Green Checking and Go Green Money Market will be able to enjoy our high-yield payout with fewer transactions, making it easier to earn more. We’re lowering the requirement to earn our high-yield tier to just 15 or more debit card transactions posted per month – that's cutting the requirement by HALF!

Why Go Green is Better Than Ever:

  • You’ll now be able to enjoy a high-yield payout with fewer transactions, making it easier to earn more!
  • Visit Coastal's Go Green Checking page to start earning more today!

These enhancements are just part of our ongoing commitment to provide you with top-notch financial service, helping you bank better to live better.

 

1. Not all direct deposits are eligible for Early Pay. Early availability of direct deposits is not guaranteed and may vary from deposit to deposit. Whether we make funds available early depends on when we receive the payor's payment instructions, any limitations we set on the amount of early availability, and standard fraud prevention screening. Available for personal accounts only. Eligible direct deposits are limited to electronic direct deposits of items such as your payroll, pension, and government benefit payments made through the Automated Clearing House (ACH) to your personal account. Other deposits or credits to your account, such as deposits of funds from person-to-person payment services, check or mobile deposits, and other online transfers or electronic credits may not be eligible for Early Pay.