History
Established in August 1967, Coastal was formed through the efforts of eight employees of International Business Machines Corporation (IBM) to meet the financial needs of the local IBM community in Raleigh. In 1991, the field of membership was expanded to include employees of other businesses throughout certain North Carolina areas. In 1999, the field of membership was expanded to include all members of the North Carolina Consumers Council, a nonprofit consumer interest group. This affiliation thereby gave eligibility to anyone who wanted to join the credit union who did not work for an affiliated employer. Today, anyone who wants to join the credit union but does not have eligibility can join the North Carolina Consumers Council for instant eligibility.
Coastal Federal Credit Union provides service to members worldwide through a network of 15 branches located in Apex, Cary, Durham, Garner, Raleigh, and the Research Triangle Park, the Transaction Call Center, which provides toll-free telephone access and mail capabilities, and its free Online Banking system.
Read more about this topic: Coastal Federal Credit Union
Famous quotes containing the word history:
“America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Georges Clemenceau (1841–1929)
“Whenever we read the obscene stories, the voluptuous debaucheries, the cruel and torturous executions, the unrelenting vindictiveness, with which more than half the Bible is filled, it would be more consistent that we called it the word of a demon than the Word of God. It is a history of wickedness that has served to corrupt and brutalize mankind.”
—Thomas Paine (1737–1809)
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)