Unlike big banks, we don't answer to Wall Street. We answer to you. Every day, we share our profits with our members through dividends, better rates and markedly lower fees than our competition.
In 2016, Coastal gave $21,000,000 back to our members through special dividends, better rates and lower fees.
Our members benefit from the highest dividend rate for checking accounts in the Triangle. Go Green Checking earns a 2.25% APY2 when you use your debit card at least 30 times a month.
While banks typically offer 80-90% equity loans, with a Home Equity Line of Credit from Coastal, you can use up to 100% of the equity in your home – giving you more money for financing home improvements, paying for college or consolidating debt into one, low payment.
Each time a member uses a Coastal credit or debit card, we give one penny back to our community – through the Coastal Credit Union Foundation, which supports local nonprofit initiatives such as financial literacy, food insecurity and poverty.
In 2015, the three largest banks earned more than $6 billion dollars in ATM and overdraft fees1. But at Coastal, we’ve cut nearly half of them – saving our members an estimated six hundred thousand dollars in 2017.
Move your auto loan to Coastal, and we guarantee we can Beat the Bank – by reducing your payment by up to $100/month, reducing your rate by one percent or giving you one percent cash back3.
2APY = Annual Percentage Yield. APY is variable, is subject to change without notice after account opening and is accurate from the last dividend declaration date. Yield stated is based on 30 debit card purchases posted per month to your account. Any balance up to $10,000 qualified for this return. Fees may reduce earnings. No minimum balance required (certain balance required to earn dividend).
3APR = Annual Percentage Rate. Lowest rates and maximum terms based on Coastal Federal Credit Union’s Qualified Loan Program. Your rate may vary and is determined by your credit qualifications, amount financed, collateral, and loan terms. Other rates and terms available. All rates and terms are subject to change without notice. Existing Coastal Federal Credit Union and Freedom Federal Credit Union auto loans are not eligible. No additional discounts available. Interest accrues daily. Maximum cash back cannot exceed 1.0% of the balance refinanced or $500 whichever is less. All loans subject to approval.