Coastal Credit Union Surpasses $6 Billion in Assets

RALEIGH, N.C. (January 29, 2026) – Coastal Credit Union announced that it has reached $6 billion in assets. Through the end of December, Coastal’s assets are $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.

 Grodi added, “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.”

About Coastal Credit Union

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 $6.03 billion in assets, Coastal serves 343,000 members from 1,800 business partners and is among the leading financial institutions in North Carolina. Coastal operates 23 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.