Digital Banking Expansion Coastal Credit Union recently partnered with Lumin Digital to enhance its digital banking platform, indicating a focus on improving online services and customer engagement. This presents opportunities to offer advanced fintech solutions, cybersecurity services, and digital marketing support to further optimize their digital channels.
Technological Adoption With a tech stack that includes Databricks, ServiceNow, and PWA, Coastal demonstrates a commitment to modern cloud and mobile technologies. This suggests potential for providing integration services, data analytics, AI solutions, or innovative fintech tools to support their technological growth.
Leadership & Talent Growth Recent hires of key executives such as Michelle Shelton as COO and Bryan Sherrick as SVP indicate active leadership development and organizational growth. There is an opportunity to offer executive coaching, leadership development programs, or HR tech solutions to support their expanding team.
Market Position & Community Engagement Recognized as one of the best places to work and awarded at the Foundation's Gala reflect strong community ties and employee satisfaction. Business development efforts can focus on partnership opportunities, community programs, and employee engagement platforms that align with their values.
Financial & Competitive Landscape With assets totaling approximately $5 billion and revenues between $250 million to half a billion, Coastal is a prominent regional player. This size and revenue range open avenues for volume-based financial services, customized banking solutions, or enterprise-level partnership offerings tailored to mid-sized credit unions.