Coastal Federal Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by CUHub
Review based on 12 criteria Rating: 3.5 out of 5

PO Box 58429, Raleigh, NC 27658

Website

(919) 420-8000

Data Source: NCUA, December 31, 2016


Coastal Federal Credit Union was founded in 1967. Headquartered in Raleigh, North Carolina, Coastal Federal Credit Union is a federally chartered and federally insured credit union, operating within the regulation of the National Credit Union Association (NCUA) and being insured through the National Credit Union Share Insurance Fund (NCUSIF). Coastal Federal Credit Union is also a member of the Federal Home Loan Bank (FHLB) , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Coastal Federal Credit Union services 230,216 members through its 22 offices and branches and 474 full-time and 2 part-time employees. It has $2,823,896,620 of total assets and $287,726,326 of net worth. Based on its asset size and net worth ratio, Coastal Federal Credit Union is classified as a Well Capitalized large credit union.

Coastal Federal Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Coastal Federal Credit Union also provides an array of services to its members and local communities. Coastal Federal Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Coastal Federal Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in North Carolina and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of North Carolina
Median of USA
Checking
2.2300
0.0500
0.0000
Savings
0.1000
0.1650
0.1200
Money Market
1.0100
0.3500
0.2500
Certificate Deplit
0.3000
0.6050
0.5800
IRA
0.6500
0.7500
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of North Carolina
National Median Rates
Credit Cards
11.5000
9.9700
9.9900
Unsecured Line of Credits
10.0900
12.0300
10.9500
Short-term Small Amount
n/a
18.0000
25.0000
Student Loans
8.5000
6.7500
6.0200
New Car Loans
2.6400
3.7500
3.3300
Used Car Loans
4.4900
4.7500
4.5000
1st Mortgage Real Estates
3.3800
4.2500
4.2500
Other Real Estates
8.2900
4.7500
4.7000

Coastal Federal Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Coastal Federal Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
Yes
New Share Account
Yes
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
Yes
View Account History
Yes
No

As a community financial institution, Coastal Federal Credit Union actively involves in local communities by prliding services such as financial counseling , financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
Yes
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
No
Insurance/Investment Sales
Yes
First Time Homebuyer Program
Yes
Administrative Headquarters
Main Office

1000 Saint Albans Dr
Raleigh, NC 27609
Phone:919-420-8000

Carrboro Branch #139
310 E Main St Ste 110
Carrboro, NC 27510-2274
Phone:919-869-8520

Cornerstone #22
Cornerstone #22 2339 Davis Dr
Cary, NC 27519
Phone:919-420-8000

Crabtree #92
4325 Glenwood Ave Ste 4001
Raleigh, NC 27612-4539
Phone:919-420-8000

Creedmoor Road #35
7451 Creedmoor Rd Creedmoor Road #35
Raleigh, NC 27613-1640
Phone:919-420-8000

Crescent Commons # 33
2024 Kildaire Farm Rd Crescent Commons # 33
Cary, NC 27518-6614
Phone:919-420-8000

Henderson
900 Dorsey Ave
Henderson, NC 27536
Phone:252-431-1111

IBM Bldg. 001 (rtp) #04
IBM Bldg. 001 (rtp) #04 1000 Saint Albans Dr
Raleigh, NC 27609
Phone:919-420-8000

IBM Bldg. 500 (cpl) # 15
IBM Bldg. 500 (cpl) # 15 1000 Saint Albans Dr
Raleigh, NC 27609
Phone:919-420-8000

Lenovo
1009 Think Pl Lenovo
Morrisville, NC 27560-9002
Phone:919-420-8000

North Harrison # 14
401 N Harrison Ave
Cary, NC 27513
Phone:919-420-8000

Olive Chapel Village #31
Olive Chapel Village #31 5330 Apex Peakway
Apex, NC 27502
Phone:919-420-8000

Page Road #23
Page Road #23 5316 Page Rd
Durham, NC 27703
Phone:919-420-8000

Quail Plaza # 18
Quail Plaza 5000 Falls Of Neuse Rd
Raleigh, NC 27609
Phone:919-420-8000

Rocky Mount
1080 N Winstead Ave
Rocky Mount, NC 27804-8761
Phone:252-442-8888

South Square #19
South Square 3125 Shannon Rd
Durham, NC 27707
Phone:919-420-8000

Southpoint Crossing
Southpoint Crossing 202 W Nc Highway 54
Durham, NC 27713
Phone:919-420-8000

St. Albans Branch #30
St. Albans Branch #30 1000 Saint Albans Dr
Raleigh, NC 27609
Phone:919-420-8000

Wakefield Commons #06
10850 Wakefield Commons Dr Wakefield Commons
Raleigh, NC 27614-6819
Phone:919-420-8000

Wakemed Cary
1900 Kildaire Farm Rd
Cary, NC 27518-6616
Phone:919-713-4895

Wakemed Raleigh
3000 New Bern Ave # A
Raleigh, NC 27610-1231
Phone:919-231-8733

White Oak Crossing #24
1060 Timber Dr E White Oak Crossing #24
Garner, NC 27529-6913
Phone:919-420-8000
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  1. Cuhub Staff
    Cuhub Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:27 pm

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