Announcing: Coastal Credit Union Music Park at Walnut Creek
- Created on Wednesday, 27 April 2016 09:00
- Written by Live Nation
LIVE NATION’S RALEIGH VENUE RENAMED COASTAL CREDIT UNION MUSIC PARK AT WALNUT CREEK
Live Nation and Coastal Federal Credit Union today announced a multi-year agreement to name the Triangle area’s largest outdoor amphitheater Coastal Credit Union Music Park at Walnut Creek.
“We’re joining forces with Coastal Federal Credit Union and integrating their brand into the excitement of live entertainment in the Triangle region and the wide array of assets this amphitheater has to offer. It’s the perfect partnership to connect with music fans and the Raleigh community,” said Marc Abend, Senior Vice President of Live Nation venue sales operations.
""I'm thrilled by this unique opportunity to strengthen Coastal's brand, and to engage our community in a new, entertaining way," Chuck Purvis, Coastal’s President and CEO.
Coastal Federal Credit Union Coastal Federal Credit Union is a not-for-profit, member-owned, financial coopera-tive, offering a full range of financial products and services. Coastal was chartered in 1967 with the mission of “people helping people” and continues to embody a mission, vision and cooperative philosophy that are express succinctly in the brand statement, “We Share”. Today, with $2.6 billion in assets, Coastal serves 212,000 members from 1,400 business partners and is among the leading finan-cial institutions in North Carolina. Coastal operates 17 branches in the Triangle market and serves members in all 50 states through a network of 5,000 shared branches, mobile banking featuring mobile check deposit, and a robust offering of online services at www.COASTAL24.com.
About Coastal Credit Union Music Park:
Celebrating 25 years, it originally opened on July 4, 1991 and was built by the City of Raleigh
Average Yearly: Attendance - 300,000; Events - 20+
Major touring acts who have performed at the venue include: Aerosmith, Bob Dylan, Kanye West, David Bowie, Sting, Zac Brown Band
For the most up-to-date listing of shows at Coastal Credit Union Music Park at Walnut Creek, please visit Live Nation.
Coastal 49th Annual Meeting - April 25th
- Created on Monday, 18 April 2016 07:00
- Written by Lisa Sullivan
Coastal members…make plans now to attend our 49th Annual Meeting on Monday, April 25th at 7:00 pm at our St. Albans headquarters.
2015 was a GREAT year for us! Hear from our Board of Directors and President/CEO, Chuck Purvis, as he speaks of Coastal's 2015 strong financial performance in 2015 and the goals we have set forth for 2016. Our Annual Meeting is an important event for the credit union and our members. Member participation is what sets cooperatives like ours apart from other financial institutions.
We will be serving local favorite – Lumpy's Ice Cream – for refreshments too.
We hope to see you there!
Maximize Your Member Giveback Benefits with Mobile Payment and Digital Wallet Services
- Created on Wednesday, 13 April 2016 09:00
- Written by Lisa Sullivan
In our last blog post, we explored the benefits of mobile payment services and payment automation as secure payment solutions. In 2015, Coastal embarked in the mobile payment space by partnering with Apple Pay for your in-person transactions as well as VISA Checkout for secure online purchases. As a matter of fact, to date Coastal is proud to report that 4000 of our members are taking advantage of Visa Checkout, in addition to nearly 9,000 mobile devices that are using Apple Pay.
It's also becoming more common place to make every day purchases on Amazon. Recently, the company launched Amazon Prime Now in the Raleigh-Durham market, offering same day service to those that order products from it too.
Mobile payment services and payment automation is the now.
How can you maximize your member giveback benefits with these services?
It depends! If you're looking to perform the 30 transactions needed to increase your dividend rate through Go Green Checking, you'll want to use your Go Green debit card for all or most of your transactions. If you prefer earning reward points from gas, groceries and all purchases in general, you'll want to use your Cash Back Visa.
To illustrate this point, here is a simple chart breaking down how using mobile payment solutions can help you maximize your monthly dividend rate on your Go Green Checking or earn points towards your Cash Back Visa accounts:
The products and services below could also help you maximize your benefits:
*If the app allows you to place your credit/debit card number as payment AND you list it as the primary source for payment. With the Starbucks App, for instance, if you reload the Starbucks card (that you associate with the App) via your Go Green Checking debit card or your Cash Back Visa card, that too helps you earn towards your percentage/points.
Can you imagine if you combined the products and services of both charts above? You'd easily earn your percentage or your points.
The bottom line, anywhere you have the chance to make your Go Green debit or your Cash Back Visa card as your preferred method of mobile or automatic payment, the easier it is to earn percentages or points towards your Member Giveback reward of choice!
So, before binge-watching the next two episodes of House of Cards on Netflix or ordering (through Amazon Prime Now) the ingredients to make tonight's dinner with, add your Coastal credit or debit card as your method of payment.
If you're using Apple Pay, see how to get started and set your Coastal card as top of wallet to start maximizing your Member Giveback.
Setting up payment automation and using mobile contactless technologies to pay for goods and services not only exemplify today's consumer buying practices, they're also more convenient and represent more secure ways to pay for the things you want or need too. The added bonus - by making your Coastal Go Green debit or your Cash Back Visa card as your method of choice, you earn towards your desired percentage and/or reward points as well. It's a win-win!
Mobile Payment Services and Payment Automation Are Now - Not the Future
- Created on Monday, 11 April 2016 09:00
- Written by Lisa Sullivan
As of 2015, 12.7% of smartphone users in the U.S. were actively using mobile payment services, including mobile wallet apps (such as Apple Pay) with another 12% waving or tapping their mobile phones to pay at checkout. By 2018, these technologies are projected to create over 114 billion U.S. dollars in transaction value.
That last statistic is staggering, but not entirely far-fetched. If you enjoy a Starbucks Venti mocha-something on occasion, and especially if you are a loyal customer of theirs so much so that you also use their App to pay for your transaction, then think about it. Do it daily and you could essentially consider yourself an avid user of mobile technologies to "pay at checkout." And we haven't even brought into the equation the most popular mobile payment services – PayPal and Apple Pay, with Android Pay and Samsung Pay not far behind.
Mobile payment services are the now. Why? Because they are considered more secure than most other forms of payment. Most applications used specifically for that purpose require several layers of authentication and some even need an additional method (i.e. a fingerprint) to complete the transaction via an encrypted code versus the transmission of your personal information through the swipe or insert of your debit/credit card number.
Payment automation has also increased in popularity through services like Netflix, Hulu, Amazon, even the Apple App Store and Google Play. In each of those services, most consumers store their card numbers to automatically draft their transaction instead of having to enter their card information each time.
Are you using mobile payment services (like Apple Pay, Android Pay, PayPal, etc.) or have you set up payment automation for the services you use most? Please share your experience in the comments below.