RALEIGH, N.C. (October 27, 2023 ) – On October 25, Activate Good and Points of Light recognized Coastal Credit Union, as one of the companies honored in the Greater Triangle’s first-ever Civic 50. The honor represents Coastal’s commitment to the Triangle community and overall positive corporate citizenship.
Every Civic 50 applicant took an extensive survey consisting of quantitative and multiple-choice questions designed to measure and rank corporate community engagement programs.
Honorees were selected based on four dimensions:
INVESTMENT – How extensively and strategically the company applies its resources to community engagement, including employee time and skills, cash, in-kind giving, and leadership.
INTEGRATION – How a company’s community engagement program supports business interests and integrates into business functions, or how it “does well by doing good.”
INSTITUTIONALIZATION – How the company supports community engagement through its institutional policies, systems, and incentives.
IMPACT – How a company measures the societal impact of its community engagement program.
Contributing factors to Coastal’s recognition included:
Community Impact activities that connect our philanthropic efforts to our financial well-being expertise
The ongoing development of the Coastal Credit Union Foundation, including making more than $500,000 in affordable housing grants in 2022
A significant involvement and active participation of employees in various volunteer activities outside the workplace.
“Civic engagement is the lifeblood of credit unions,” said Creighton Blackwell, Coastal’s Chief Community Impact & Public Affairs Officer. “We can’t fulfil our mission and improve the lives of our members without fully immersing ourselves into the communities that we serve.”
Points of Light started Civic 50 in 2012 to recognize the 50 most community-minded companies in the nation. Activate Good, as an affiliate of Points of Light, is among only five organizations across the country hosting their own localized Civic 50. The program serves as a benchmarking tool and platform for sharing best practices in the corporate citizenship sector.
About Coastal
Coastal Credit Union is a not-for-profit, member-owned, financial cooperative, offering a full range of financial products and services. Coastal was chartered on August 31, 1967 with the mission of fostering the credit union philosophy of “people helping people.” Today, with $4.9 billion in assets, Coastal serves 331,000 members from 1,800 business partners and is among the leading financial institutions in North Carolina. Coastal operates 24 locations in central North Carolina and serves members in all 50 states through a network of 5,600 shared branches, 30,000 surcharge-free ATMs, mobile banking featuring mobile check deposit, and a robust offering of online services at www.COASTAL24.com. For more Coastal news, visit our online newsroom.
About Activate Good Figuring out how to help can be overwhelming, but it doesn't have to be. Activate Good invites people of all ages in our community to join us on a journey of learning, action, and community-building to become agents of positive change in the Triangle. Our projects and programs provide individuals and groups, youth and families, and companies meaningful opportunities to take action to meet important local needs -- from food insecurity, to homelessness, to education and more. Learn more about our programs at activategood.org or follow us on social media @activategood.
Learn more about the national Civic 50 HERE.
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