Coastal Federal Credit Union

Coastal Federal Credit Union, established in 1967 and headquartered in Raleigh, North Carolina, operates as a not-for-profit, member-owned financial cooperative. The institution is dedicated to offering a comprehensive range of banking and financial products designed to meet the diverse needs of its members. These services include home equity lines of credit, auto loans, mortgages, checking accounts, certificates, money market accounts, and individual retirement accounts. In addition to personal financial services, Coastal provides wealth management, investment options, retirement planning, and business services, including loans tailored for small businesses. With a focus on affordability, convenience, and professionalism, Coastal strives to deliver competitive rates and support to its membership.

Kim Howren

Director, Business Analysis and Data Management

Emily Nail

Vice President

3 past transactions

AKUVO

Venture Round in 2023
Developer of a credit risk management platform intended to assist in making financing and lending decisions. The company's platform manages member and loan portfolio risk by leveraging valuable credit union market, business performance data and transforming it into cloud-based applications by applying business rules automation, artificial intelligence, machine learning and natural language processing, enabling clients to enhance business performance and get consultative services.

Freedom Credit Union

Acquisition in 2016
Freedom Credit Union, founded in 1956, was created to serve the financial needs of employees within the Provo School District. The credit union offers a comprehensive range of financial products and services designed to enhance the financial security of its members. These services include savings deposits, vehicle loans, credit cards, mortgages, and unsecured loans. By providing these resources, Freedom Credit Union aims to support its members in achieving their financial goals.
Constellation Digital Partners, LLC is a provider of a cloud-based suite of digital financial solutions specifically designed for credit unions. Founded in 2017 and based in Raleigh, North Carolina, the company offers a comprehensive digital banking platform that empowers upper to mid-tier credit unions and application developers to enhance their service offerings. The Constellation Digital Service Platform stands out as the only suite dedicated exclusively to credit unions, enabling these institutions to meet the evolving needs of their members through mobile banking, online account management, secure transactions, and personalized financial insights. By leveraging this open and innovative platform, credit unions can not only compete effectively in the modern banking landscape but also thrive and better serve their communities.
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