September 20, 2017 7:35 AM ET

Diversified Financial Services

Company Overview of Coastal Federal Credit Union

Company Overview

Coastal Federal Credit Union operates as a credit union. It offers checking accounts; mortgages, such as fixed rate and adjustable rate mortgages, first-time home buyer mortgages, and home equity loans; home equity lines of credit; credit cards; auto loans, including loans for new and used vehicles, and refinance; and savings accounts, such as primary savings, certificate, health savings, individual retirement, and money market accounts. The company also provides business services, such as business loans and investment property/real estate secured loans; small business checking accounts; and merchant services. In addition, it offers wealth management services, such as retirement and financia...

1000 Saint Albans Drive

Raleigh, NC 27609

United States

Founded in 1967

Phone:

919-420-8000

Fax:

919-420-8096

Key Executives for Coastal Federal Credit Union

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Senior Vice President of Operations
Chief Retail Officer and Senior Vice President
Chief Members' Service Officer and Senior Vice President
Compensation as of Fiscal Year 2017.

Coastal Federal Credit Union Key Developments

Coastal Federal Credit Union Announces executive changes

Coastal Federal Credit Union announced that Mark Cough was hired as vice president of finance. Cough is responsible for the execution of investment, borrowing, liquidity/cash management and hedging strategies for the credit union. In addition, he assists in deposit product pricing as well as performs oversight and monitoring for loan pricing, asset sales and participations. Brandon McAdams was promoted to vice president of marketing and product development. McAdams is responsible for leading, managing and directing all marketing and communications for Coastal. He is also responsible for developing new products to help further the cooperative, especially as it relates to cards and digital payments.

Coastal Federal Credit Union Names Marty Pell as Senior Vice President and Chief Lending Officer

Coastal Federal Credit Union named Marty Pell senior vice president and chief lending officer.

Coastal Federal Credit Union Announces Executive Changes

Coastal Federal Credit Union promoted three managers to vice president roles. Lesley Vaughan was promoted to vice president of reporting and analytics. Vaughan is now responsible for leading the development and implementation of a highly scalable, cost effective and relevant reporting platform that helps enable sound business decision making across the organization. In her 25 years with Coastal, she has served in many capacities, most recently as digital banking manager. She played a critical role in directing the digital banking team that led the way for Coastal's successful conversion to its new digital banking platform. Arlene Babwah was promoted to vice president of risk management. Babwah is now responsible for overseeing the risk management profile of Coastal across its vendor, customer and operations environments by identifying risk and developing strategies to minimize the effects to the credit union. In her 10 years with Coastal, Babwah has worked with Coastal's wealth management division as a business operations manager before transferring to Coastal's retail division. She most recently served as risk operations manager. MaryAnne Gangoy was promoted to vice president of retail sales and service. Gangoy is responsible for directing the sales and service culture in the credit union by assisting the retail sales and service managers in achieving their assigned goals. She has more than 20 years in the financial industry and has served in multiple roles including branch manager, regional retail branch operations manager, retail sales enablement and strategy director, and market manager.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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