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Coastal is Working in Your Community

Community Development & Faith-Based Loans

As a not-for-profit, member owned, financial cooperative, Coastal is committed to our community and is proud to provide a wide variety of financial services to our members.

We are an experienced Faith-Based lender with Financial Officers capable of working with your organization on any loan request, investment or financial need. Whether your vision includes purchasing or constructing a new building, renovations, land purchases, or buying an automobile, Coastal has the right loan for you. Our mission is to deliver quality services and solutions to our membership and to foster the credit union philosophy of “People Helping People”.

If you meet Coastal's eligibility requirements, Coastal's Community Development & Faith-Based Loans can accomodate you and your business needs.

Types of Loans:

  • Church Sanctuary or Family Life Center
  • Affordable Housing (Available in NC, SC and VA only)
    • 100% 30 year Fixed Rate (No PMI) Mortgage Program
  • Start Up / Venture Capital Requests
  • Business Auto / Vehicle Loans
  • Investment Property / Real Estate Secured (commercial and residential)

Fore more information or to apply for a loan, contact our Financial Officers:

Jeff Dowd
Community Development Manager
Phone: (919) 420-8017
(800) 868-4262, ex. 8017
(919) 882-6604 - fax
Tilman Kelly
Senior Mortgage Loan Officer
Phone: (919) 420-8105
(800) 868-4262, ex. 8105
(919) 420-8257 - fax

Special Note:
To help Coastal analyze your loan request in a timely and efficient manner, please fill out the Community Development & Faith-Based Lending Application (pdf) completely including the questionnaire and checklist.

Related Links:
Community Development & Faith-Based Lending Application (pdf)
Financial Education & Counseling
My-Milestones


Have a Question?
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Members' accounts are insured by the National Credit Union Administration (NCUA) up to $100,000 (IRA accounts are insured up to $250,000). Equal Housing Lender. Penalty for early withdrawal from Certificate Accounts. Rates subject to change daily. Terms and Conditions do apply. » indicates a 3rd party link. © 2008 Coastal Federal Credit Union All rights reserved.
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