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Coastal Credit Union's Overview

Total employees710
HeadquartersRaleigh
Founded1967

Coastal24, officially known as Coastal Federal Credit Union, is a not-for-profit, member-owned financial cooperative headquartered in Raleigh, North Carolina. Established in 1967, Coastal24 serves its members by providing a wide array of financial products and services, including savings and checking accounts, loans (auto, mortgage, personal), credit cards, and investment services. They are committed to community involvement, financial education, and leveraging technology to offer convenient banking solutions. Coastal24 emphasizes a 'people helping people' philosophy, focusing on returning value to its members through competitive rates and lower fees.

Where is Coastal Credit Union's Headquarters?

HQ Function

The headquarters serves as the primary administrative center, housing executive leadership, strategic planning, marketing, human resources, IT, operations, and member support management.

Notable Features:

A modern corporate office designed to facilitate collaboration and efficiency, likely featuring contemporary workspaces, meeting facilities, and technological infrastructure to support a leading credit union.

Work Culture:

The work culture at Coastal24's headquarters is often described as member-focused, collaborative, and community-oriented. There's an emphasis on teamwork, employee development, and upholding the credit union's values of service and integrity.

HQ Significance:

The Raleigh headquarters is crucial for centralizing Coastal24's strategic direction, ensuring operational consistency across its branches, and driving innovation in member services and financial products.

Values Reflected in HQ: The headquarters aims to reflect Coastal24's core values such as member focus, community commitment, financial stewardship, and innovation through its design, functionality, and the services managed from this central location.

Location:

Coastal24 primarily operates and serves members within North Carolina, USA. While its digital banking services (online and mobile banking) allow members to access their accounts from anywhere in the world, its physical branch network and community focus are concentrated within its North Carolina service areas. It participates in shared branching networks (CO-OP Shared Branch) which extends in-person service access to members across the United States.

Street Address:

1000 St. Albans Drive

City:

Raleigh

State/Province:

NC

Country:

USA

Coastal Credit Union's Global Presence

Durham, NC/USA

Address: 5401 Page Rd, Durham, NC 27703

To offer convenient, accessible financial services and support to Coastal24 members residing or working in and around Durham, fostering local community engagement.

Cary, NC/USA

Address: 10010 Green Level Church Rd, Suite 100, Cary, NC 27519

Serves as a key access point for members in western Wake County, providing personalized financial assistance and contributing to the local economy.

Wake Forest, NC/USA

Address: 12200 US 1 N, Wake Forest, NC 27587

Supports the financial well-being of members in the northern Wake County area, ensuring easy access to Coastal24's products and services.

Buying Intent Signals for Coastal Credit Union

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Coastal Credit Union

As of April 2025, Coastal Credit Union' leadership includes:

Tyler Grodi - President & CEO
Marty Pell - Chief Financial Officer
Joe Mecca - Chief Marketing & Experience Officer
Kristopher Kovacs - Chief Information Officer
Arlene Bogen - Chief People Officer
Jim Monti - Chief Lending Officer

Investors of Coastal Credit Union

Coastal Credit Union has been backed by several prominent investors over the years, including:

As a member-owned credit union, Coastal24 is not owned by external investors or shareholders in the traditional sense. Its 'investors' are its members, who benefit from the credit union's success through better rates, lower fees, and improved services.

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Coastal24 has maintained a relatively stable executive team. The most significant recent change was the retirement of long-time CEO Chuck Purvis and the appointment of Tyler Grodi as the new President & CEO.

Departures

Chuck Purvis, Chuck Purvis retired from his role as President & CEO.

New Appointments:

Tyler Grodi, Tyler Grodi appointed as President & CEO.

Technology (Tech Stack) used by Coastal Credit Union

Discover the tools Coastal Credit Union uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Coastal Credit Union Email Formats and Examples

Coastal24 (Coastal Federal Credit Union) likely uses common corporate email formats. Based on industry standards and observed patterns, formats such as [first_initial][last_name]@coastal24.com or [first_name].[last_name]@coastal24.com are probable.

[first_initial][last]@coastal24.com

Format

tgrodi@coastal24.com

Example

80%

Success rate

News and media

Coastal24 WebsiteOctober 25, 2023

Coastal24 Credit Union Foundation Awards $150,000 In Teacher Classroom Grants

The Coastal Credit Union Foundation announced it has awarded $150,000 in classroom grants. The grants will be distributed among 33 K-12 teachers at 31 schools across the 16-county footprint that Coastal serves....more

Coastal24 WebsiteFebruary 1, 2024

Coastal24 Credit Union Foundation Opens 2024 Community Grant Cycle

The Coastal Credit Union Foundation has opened its application window for its 2024 community grant cycle. The foundation plans to award $200,000 in grants to 501(c)(3) nonprofit organizations that support one or more of the foundation’s five core focus areas....more

Credit Union TimesJanuary 4, 2023

Coastal24 Federal Credit Union Names New CEO

Tyler Grodi has been named president/CEO of the $4.7 billion Coastal Federal Credit Union. He succeeded Chuck Purvis, who retired after leading the Raleigh, N.C.-based credit union for more than 10 years as its president/CEO and for 20 years as its chief financial officer....more

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