PO BOX 58429
Raleigh, NC 27658

Phone 1-919-420-8000

Notable Rates APY Vs.Others
Savings 0.10% 1.90% →
1-Year CD 1.00% 1.90% →
2-Year CD 1.00% 1.95% →
5-Year CD 1.00% 2.00% →
30-Year Mortgage 3.89% 3.14% →
15-Year Mortgage 3.17% 2.59% →
HELOC N.A. 2.50% →

2020 Overview

General Credit Union Information

Coastal is an NCUA insured institution located in Raleigh, NC. It was founded in 1967 and has approximately $3269.57 millions in assets.

Who can join?

Membership as an Employee or Member of Coastal's Business Partners
Coastal has a multiple common bond charter and through the addition of Business Partners, Coastal now serves more than 1,000 companies and associations.

Family Membership
Membership is also available to the immediate family and household of eligible members. Immediate family is defined as spouse, child, sibling, parent, grandparent or grandchild. This includes stepparents, stepchildren, step siblings and adoptive relationships. Household is defined as persons living in the same residence maintaining a single economic unit.

Join the NCCC - North Carolina Consumers Council Membership
NCCC is a non-profit, statewide consumer advocacy organization that addresses topics such as tax law fairness, telemarketing, energy efficiency, consumer product safety and NC playground safety. By choosing to join the NCCC, you qualify for Coastal Federal Credit Union membership. The $18 NCCC membership fee will be deducted from your initial deposit to your Coastal Primary Savings account.

NCUA Insured Yes
Charter Number # # 18297
Date Established 1967
Assets $3,269.57 million
Loans $2,761.40 million
Deposits $2,849.94 million
Capital $365.58 million

Field of Membership Restrictions

Membership in Coastal Federal Credit Union is open to anyone through joining the North Carolina Sustainable Energy Association ($18 membership fee) or the North Carolina Consumers Council ($18 membership fee). Membership is also open to employees of North Carolina Cancer Centers, American Computer Solutions, FlashPoint Technology, Inc. and over 1,000 other Select Employer Groups.

Deposit Rates - April 4, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.25% $100 - Learn MoreShow Less
Premium Money Market Account
1.75% $1 $1,000,000 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
Special: 3 Mo CD
0.50% $50,000 - Learn MoreShow Less
3 Mo CD
0.50% $50,000 - Learn MoreShow Less
6 Mo CD
1.00% $250 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
2.00% $1 - Learn MoreShow Less
Fixed IRA
1.00% $250 - Learn MoreShow Less
Special: 3 Mo FIRA
0.50% $50,000 - Learn MoreShow Less
Checking Rates APY MIN FEE
Go Green Checking Premium 3.00% $0 $0.00 Learn MoreShow Less

Loan Rates - April 4, 2020

Your Current Location: Connecticut, CT 06828

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
3 Year 3.44% 3.44% $731.89
4 Year 3.44% 3.44% $558.23
5 Year 3.44% 3.44% $454.12
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


Below are Coastal branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Coastal Locations

Financial Details

Coastal Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Coastal. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Coastal U.S. Average
4.41% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Coastal had $17,100,839 in non-current loans and $214,928 in owned assets. To cover these potential losses it had $365,575,825 in net worth and $27,079,763 in loans loss reserves. That gives it a Texas Ratio of 4.41%.

Net Worth
Coastal U.S. Average
11.18% 13.65%

Coastal FCU has a net worth of 11.18% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Coastal

Branches and Savings

What is Coastal?

A federal credit union, registered with the NCUA under certificate #18297.
Learn more about credit unions here.

Is Coastal FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Coastal?

Please see Field of Membership information above for information on who is eligible to join.

What are Coastal's share account and share certificate rates?

Coastal's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Coastal?

Coastal has total capital of $365.58 million. Full information on Coastal's financial position is located above.

Who owns Coastal?

Credit Unions are owned by their members.

Where are Coastal branches located?

See branch locations nearby.

Are Coastal ATMs Open 24/7?

Do Coastal ATMs accept cash deposits?

Can Coastal customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Coastal have a mobile app?

Does Coastal have mobile deposit?

Does Coastal have quick pay?

How can Coastal transfer money to other banks or credit unions?

Does Coastal report to credit bureaus?

Does Coastal use Chexsystems?

Does Coastal use Equifax?

What is Coastal's toll free phone number?

What is Coastal's ACH Routing Number?

What is Coastal's SWIFT code?

Where can I find Coastal's wire transfer form?

What is the Coastal address for deposits?

What Products Does Coastal Offer

Does Coastal offer mortgages?

Compare mortgage rates here.

Does Coastal offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Coastal offer auto and RV loans?

Compare auto loan rates here.

Does Coastal offer student loans or personal loans?

Compare personal loan rates here.

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