Industry Press
The Press Center allows credit unions and their partners to share important news and keep accomplishments front and center in the credit union industry.
Coastal Credit Union Among Triangle’s Best Places to Work for Tenth Time
Coastal Credit Union has once again earned a spot among the Triangle Business Journal’s Best Places to Work. This marks the ninth time Coastal has been recognized in the past 10 years, and the tenth time overall.
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Sixteen Students
The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce sixteen recipients of the Credit Union Scholarship Program, totaling $36,000 awarded in scholarship funds. All scholarships are merit based, with five recognizing students’ volunteerism, and five being larger amounts based on financial needs.
Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration
Coastal Credit Union has completed a transformative renovation of its headquarters in Raleigh, NC. What began as a response to space constraints evolved into a bold reimagining of the workplace, driven by the shift to hybrid work. The result is a state-of-the-art environment designed to foster flexibility, collaboration, and employee well-being. From flexible workstations and
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Coastal Credit Union has hired Karen DeSalvo as its new VP of Marketing. In this role, DeSalvo will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. DeSalvo has more than 25 years of executive level experience leading both strategic and operational execution of marketing initiatives. She has led rebranding
Coastal Credit Union Names Ewelina Caplap Vice President, Coastal Wealth Management
Coastal Credit Union announced that Ewelina Caplap has been appointed to Vice President of Coastal Wealth Management, available through CFS*. This aligns with the expanded opportunities that lie ahead with the program’s upcoming conversion to LPL Financial LLC. In her role, Caplap oversees the management and award-winning performance of Coastal’s program and drives its strategic
Coastal Credit Union Hires Anita Marshall to Lead Rocky Mount Branch
Coastal Credit Union has hired Anita Marshall as Branch Manager of its location at 1080 N. Winstead Ave in Rocky Mount. In her role, she will be responsible for delivering exceptional member service, relationship management, and community involvement. She will lead the branch team toward achieving the credit union’s goals around membership, loan, and deposit
Coastal Credit Union Foundation Announces Grants for Q1 2025
The Coastal Credit Union Foundation has awarded $348,500 to 19 nonprofits in North Carolina during its Q1 2025 grant cycle. The grants given to these nonprofits will improve access to resources and support affordable housing and financial well-being programs throughout our local communities.
Coastal Credit Union 2025 Impact Report
Coastal Credit Union’s 2025 Member & Community Impact Report is now available. In addition to highlighting our 2024 accomplishments and financial results, the report continues to tell the story of why Coastal exists, and how we are making a difference to our members and the community. This year’s report covers: – Our Mission, Vision and
Coastal Credit Union Promotes Michelle Shelton to Chief Operations Officer
Coastal Credit Union has named Michelle Shelton as Chief Operations Officer. In her new role, Shelton will oversee Coastal’s retail branch network, member contact centers, and wealth management division. She will develop and implement strategic plans to deepen member relationships, increase product adoption, and steward member financial well-being. Her teams will collaborate across business units
Coastal Credit Union Opens Standalone Drive-Up Interactive Teller Machine in Knightdale, NC
Coastal Credit Union has installed a new dual-function, drive-up interactive teller machine (ITM) located in the parking lot of the Widewaters Commons shopping center at 4001 Widewaters Parkway in Knightdale, NC.
Coastal Credit Union Earns Four Awards from Carolinas Credit Union Foundation
Coastal Credit Union has earned four awards from the Carolinas Credit Union Foundation’s statewide awards program, recognizing remarkable and innovative efforts to support communities, provide financial education, and implement the credit union philosophy in daily operations. The awards honor three credit union pioneers who made a lasting impact on the worldwide credit union movement.
Coastal Wealth Management Advisors Earn Awards for Outstanding Performance
Coastal Wealth Management, available through CFS*, is the recipient of five Pacesetter Awards, presented by CUSO Financial Services, L.P. This is the 11th consecutive year that Coastal Wealth Management has earned recognition, and the first time it has earned five awards.
Coastal Credit Union Hires Bryan Sherrick, Chief Risk Officer & General Counsel
In his role, Sherrick is tasked with building an enterprise-wide risk management function that will deliver an exceptional member experience while appropriately mitigating risks, meeting all compliance requirements, and satisfying regulatory requirements for large credit unions. He will also be responsible for ensuring a robust disaster recovery protocol and business continuity plan. Additionally, with his
Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace
Coastal Credit Union and Truliant Federal Credit Union have partnered with TrueBuy Automotive to create Credit Union Auto Marketplace, a modern preowned auto-buying experience tailored for credit union members.
Coastal Credit Union Hires Two New Mortgage Vice Presidents
Coastal Credit Union has hired Stacey Daniels as its new VP, Mortgage Operations and Kevin Holton as VP, Mortgage Sales. Daniels will lead the strategic development and execution of Coastal’s mortgage operations, focusing on enhancing operational workflows, improving system efficiencies, and ensuring compliance with regulatory standards. She will work closely with the mortgage sales and
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
Coastal Credit Union recently delivered nearly 11,000 school supplies to 29 Elementary schools throughout the counties that the credit union serves. Supplies were delivered during the first two weeks of November, and each school received a box with more than 375 items. Supplies were collected at Coastal branches and headquarters during the credit union’s Back-to-School
Coastal Credit Union Collecting Toys for Tots
Coastal Credit Union has partnered with iHeart Radio and the United States Marine Corps to sponsor this year’s Toys for Tots: Stuff-a-Bus campaign. Now through December 6th, each Coastal branch will have collection barrels for members and the community to donate a new, unwrapped gift that will go to a child in need in the
Coastal Credit Union Promotes Marin Sawyer to VP of Deposit Operations
Coastal Credit Union has promoted Marin Sawyer to VP of Deposit Operations. In her role, Sawyer will develop and execute Coastal’s deposit and payment services strategies in support of the credit union’s overall strategic plan. She will lead deposit and payment services process improvement, direct service delivery operations, build highly competent customer service teams, and
Coastal Credit Union Foundation Grants Nearing $1 Million for 2024
The Coastal Credit Union Foundation has awarded $260,000 to 19 nonprofits in North Carolina during its Q4 2024 grant cycle, which brings the total foundation grants to $965,500 for the year. The 19 grants given to these nonprofits will improve access to resources and support financial well-being programs throughout our local communities. Grants include $20,000
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce eleven recipients of the Credit Union Scholarship Program, totaling $33,000 awarded in scholarship funds. All scholarships are merit based, with three being larger amounts based on financial needs.
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers in the Gattis Court community in Chapel Hill. Officials from the Town of Chapel Hill joined representatives from the foundation, Coastal Credit Union, Compass Center and Habitat for Humanity for the ceremony. The Gattis Court
Coastal Credit Union Foundation Awards $438k in Grants
The Coastal Credit Union Foundation has awarded $438,000 to 16 nonprofits in North Carolina during its Q2 2024 grant cycle. The sixteen grants given to these nonprofits will improve access to resources and support financial well-being programs throughout our local communities. Grants include $100,000 to the United Way of the Greater Triangle, which will continue
Coastal Credit Union’s Daymark Realty Reaches Five Million Dollar Savings Milestone
Coastal Credit Union’s real estate subsidiary, Daymark Realty, reached another milestone this month, having saved Coastal members more than $5 million in real estate fees since the service launched in 2007. Savings are calculated as the difference between the listing fees that members pay versus typical fees in the market.
Coastal Credit Union and Ripe for Revival Debut New Mobile Food Market
On June 13, Coastal Credit Union and Ripe for Revival hosted a ribbon cutting and announcement of their new partnership. The event showcased Ripe for Revival’s new Coastal-branded mobile food market that will participate in community events feeding those in need. Funding for the mobile market was made possible in part through more than $100,000
Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine
Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best Employers. This is the seventh time that Coastal has won the award over the past eight years, and it marks the tenth year in a row that the credit union has earned at least one
Coastal Credit Union Hires Doreen Duffy, VP of Human Resources
Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute Coastal’s human resources strategy in support of the credit union’s overall strategic plan. She will be responsible for succession planning, talent management, performance management, benefits, and compensation. She and her team will work proactively with
Coastal Credit Union Surpasses $5 Billion in Assets
Coastal Credit Union announced today that it has reached $5 billion in assets. Coastal initially hit the $5 billion mark at the end of January, and growth has continued through the spring. Through the end of April, Coastal’s assets are $5.148 billion.
Ewelina Caplap Named Program Manager, Coastal Wealth Management
Ewelina Caplap has been appointed as Program Manager of Coastal Wealth Management, available through CFS*. In her role, Caplap will oversee the management of Coastal’s program, which covers investments, insurance, financial planning, trusts, and estate planning. Caplap brings 20 years of financial services experience to the role, primarily in investments, insurance, and operations. She has
Coastal Credit Union Names Two New Vice Presidents
Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton has been hired as VP, Marketing. In this role, Shelton and her department will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. She’ll also be responsible for the credit
Coastal Credit Union Foundation Gives Three New Grants to North Carolina Nonprofits
The Coastal Credit Union Foundation announced today that it has awarded $78,500 to three nonprofits in North Carolina. The Foundation prioritizes funding projects in four key areas: promoting financial well-being, increasing affordable housing, supporting financial education, and improving access to resources.
Baker Market Update – Week in Review: August 29, 2025
Countdown to Momentum 2025
First Northern Credit Union Selects Appli to Modernize Member Lending Experience
Vizo Financial’s September 2025 Education Calendar
Huntington Beach Credit Union Appoints Aron Harrington as President/CEO
Strivve Brings One-of-a-Kind Cardholder Experiences as CUNA Strategic Services Newest Alliance Provider
TriUnity Foundation Receives Largest Single Investment to Date with Donation from Google
SchoolsFirst Federal Credit Union Receives Four National Awards for Financial Education Initiatives from Credit Union Financial Education Network
Baker Market Update – Week in Review: August 22, 2025
SECU Foundation Awards $300,000 Grant to Legal Aid of NC to Expand Services in Rural Areas
Alogent Celebrated as a 2025 Metro Atlanta Top Workplace for Second Consecutive Year
SchoolsFirst Federal Credit Union Donates 3,200 Backpacks Throughout California
EECU Makes Homeownership More Attainable with Expanded Loan Options
Appli CEO Tim Pranger to Present AI-Powered Financial Calculator Solutions at FinovateFall 2025
Orianna Valentine Recognized as Certified Credit Union Manager through CUES Emerge Program
DDJ Myers Becomes One of America’s Credit Unions Inaugural Visionary Providers
New admin portal in Cloudvirga’s Tropos borrower platform puts lenders in the driver’s seat
More Credit Unions Join National Student Loan Marketplace, Showcasing Unique Solutions to Support Students and Families
New CUES Governance Toolkit Equips CUs to Lead with Confidence and Clarity
LGE Community Credit Union Named a 2025 AJC Top Workplace
SchoolsFirst Federal Credit Union Raises Awareness for Children’s Hospital Orange County Through the 2025 CHOC Walk in the Park
Sound Credit Union Reveals 2025 Scholarship Recipients
EECU Sponsors New Teacher Grants for Sanger Unified
TriUnity Foundation to Host Nationwide Virtual 5K to Support Members Facing Terminal Illness
Baker Market Update – Week in Review: August 15, 2025
Meet the Future of CU Leadership: 2025 CUES Emerging Leader Finalists Announced
Support EXP Launches “Beyond the Score” to Help Financial Institutions Spot Risks Hidden Behind Good CX Scores
Quavo Fraud & Disputes Selected to Debut Breakthrough AI Functionality at FinovateFall 2025
Baker Market Update – Week in Review: August 29, 2025
Countdown to Momentum 2025
First Northern Credit Union Selects Appli to Modernize Member Lending Experience
Vizo Financial’s September 2025 Education Calendar
Huntington Beach Credit Union Appoints Aron Harrington as President/CEO
Strivve Brings One-of-a-Kind Cardholder Experiences as CUNA Strategic Services Newest Alliance Provider
TriUnity Foundation Receives Largest Single Investment to Date with Donation from Google
SchoolsFirst Federal Credit Union Receives Four National Awards for Financial Education Initiatives from Credit Union Financial Education Network
Baker Market Update – Week in Review: August 22, 2025
SECU Foundation Awards $300,000 Grant to Legal Aid of NC to Expand Services in Rural Areas
Alogent Celebrated as a 2025 Metro Atlanta Top Workplace for Second Consecutive Year
SchoolsFirst Federal Credit Union Donates 3,200 Backpacks Throughout California
EECU Makes Homeownership More Attainable with Expanded Loan Options
Appli CEO Tim Pranger to Present AI-Powered Financial Calculator Solutions at FinovateFall 2025
Orianna Valentine Recognized as Certified Credit Union Manager through CUES Emerge Program
DDJ Myers Becomes One of America’s Credit Unions Inaugural Visionary Providers
New admin portal in Cloudvirga’s Tropos borrower platform puts lenders in the driver’s seat
More Credit Unions Join National Student Loan Marketplace, Showcasing Unique Solutions to Support Students and Families
New CUES Governance Toolkit Equips CUs to Lead with Confidence and Clarity
LGE Community Credit Union Named a 2025 AJC Top Workplace
SchoolsFirst Federal Credit Union Raises Awareness for Children’s Hospital Orange County Through the 2025 CHOC Walk in the Park
Sound Credit Union Reveals 2025 Scholarship Recipients
EECU Sponsors New Teacher Grants for Sanger Unified
TriUnity Foundation to Host Nationwide Virtual 5K to Support Members Facing Terminal Illness
Baker Market Update – Week in Review: August 15, 2025
Meet the Future of CU Leadership: 2025 CUES Emerging Leader Finalists Announced
Support EXP Launches “Beyond the Score” to Help Financial Institutions Spot Risks Hidden Behind Good CX Scores
Quavo Fraud & Disputes Selected to Debut Breakthrough AI Functionality at FinovateFall 2025
Baker Market Update – Week in Review: August 29, 2025

Countdown to Momentum 2025

First Northern Credit Union Selects Appli to Modernize Member Lending Experience

Vizo Financial’s September 2025 Education Calendar

Huntington Beach Credit Union Appoints Aron Harrington as President/CEO

Strivve Brings One-of-a-Kind Cardholder Experiences as CUNA Strategic Services Newest Alliance Provider
