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  • Writer's pictureKelsie Papenhausen

Coastal Credit Union Foundation Awards More Than $250k in Grants

 RALEIGH, N.C. (March 15, 2024) – The Coastal Credit Union Foundation has awarded $252,500 to 15 nonprofits in North Carolina during its Q1 2024 grant cycle. The fifteen grants given to these nonprofits will improve access to resources and support financial well-being programs throughout our local communities.


The Foundation’s most recent grantees include: 


Access to Resources

Financial Well-Being


“Our ability to support a variety of organizations in our community is a testament to the Power of a Penny,” said Emily Nail, executive director of the Foundation. “Each time members use their Coastal debit or credit card, the credit union donates a penny to the Foundation. That may seem like a small amount, but all those pennies added up to more than $379,365 last year that will be used to help our community in 2024.”


About the Coastal Credit Union Foundation 

The Coastal Credit Union Foundation is a 501(c)(3) nonprofit and a separate entity from the credit union. The mission of the Coastal Credit Union Foundation is to enrich the lives of Coastal members and their communities by providing financial support to 501(c)(3) organizations, particularly in the 16-county market of Central North Carolina. Learn more at



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