Coastal CU Surpasses $6 Billion in Assets Threshold

RALEIGH, N.C. – Coastal Credit Union said it has reached $6 billion in assets. Through the end of December, Coastal’s assets were $6.03 billion, an increase of nearly $1.5 billion since Tyler Grodi took the helm as president & CEO in 2023.

“This milestone marks a pivotal step as we prepare Coastal to operate as a $10 billion institution and beyond,” said Grodi. “Surpassing $6 billion is not just a reflection of our past efforts and the entry into a new peer group, it’s a testament to Coastal’s commitment to smart, strategic growth. As we move forward, our focus is on efficiently scaling our services, investing in technology, and strengthening our infrastructure, all with the goal of enhancing our members’ experience and ensuring we’re meeting the evolving needs of our community.”

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