Nerdwallet Recognizes Coastal for Its Commitment to Consumer Banking
RALEIGH, N.C. (June 16, 2014) – Coastal Federal Credit Union has been recognized by personal finance website NerdWallet for its consumer-friendly products and services. Coastal was named a top credit union in the Southeast region in NerdWallet’s Consumer Banking Index.
“NerdWallet's mission is to identify financial institutions that serve the best interests of everyday consumers, and Coastal Federal Credit Union is a perfect example of one. Their simple, low-fee checking accounts and variety of free, simple access options makes Coastal a top credit union,” said NerdWallet analyst John Gower.
“It’s always an honor to be recognized by an organization like NerdWallet, which is known for providing unbiased, consumer-focused financial guidance to help their users prosper,” said Joe Mecca, Coastal’s spokesman. “We certainly share those values, which are reflected in the products and services we provide.”
NerdWallet’s Consumer Banking Index assesses banks and credit unions based on 7 criteria: Free Checking, High-Yield Savings, Free Online Bill Pay, ATM Access, Branch Access, Mobile Access, and Customer Service. These criteria were selected by a survey of 1,000 U.S. adults as key considerations when choosing a financial institution. Spring 2014 marks second semi-annual release of this index and includes 150 of the nation’s largest banks and credit unions. Receiving high marks for each category indicates Coastal’s superior value to consumers.