Coastal Federal Credit Union
Encyclopedia
Coastal Federal Credit Union is a not-for-profit, member-owned financial cooperative located in Raleigh, North Carolina
. As of 2010, Coastal had $1.94 billion in assets and more than 190,000 members.
(IBM) to meet the financial needs of the local IBM community in Raleigh. In 1991, the field of membership was expanded to include employees of other businesses throughout certain North Carolina areas.
Today, Coastal provides service to members worldwide through a network of 15 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, and its free Online Banking system.
Raleigh, North Carolina
Raleigh is the capital and the second largest city in the state of North Carolina as well as the seat of Wake County. Raleigh is known as the "City of Oaks" for its many oak trees. According to the U.S. Census Bureau, the city's 2010 population was 403,892, over an area of , making Raleigh...
. As of 2010, Coastal had $1.94 billion in assets and more than 190,000 members.
History
Established in August 1967, Coastal was formed through the efforts of eight employees of International Business Machines CorporationIBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
(IBM) to meet the financial needs of the local IBM community in Raleigh. In 1991, the field of membership was expanded to include employees of other businesses throughout certain North Carolina areas.
Today, Coastal provides service to members worldwide through a network of 15 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, and its free Online Banking system.