RALEIGH, N.C. –Coastal Credit Union is reporting it has added two new enhancements to its deposit products, particularly for checking account holders.
The $4.9-billion Coastal CU has introduced Early Pay, a feature the credit union said allows members with eligible incoming ACH deposits faster access to their money. The biggest beneficiaries will be members with direct deposit payroll and Social Security payments, according to CCU.
“Coastal is now crediting ACH deposits to a member’s account as soon as they have been notified of the transaction, regardless of when they receive the funds,” the credit union stated. “There's no need for enrollment, and no additional fees are involved. Early Pay comes as a standard benefit of all Coastal checking, savings or money market accounts, and applies to any qualified1ACH deposit.”
Additional Checking Offers
In addition, Coastal CU said it is making its Premium Tier dividend more attainable for members with Go Green Checking and Go Green Money Market accounts. The requirement to qualify for the highest dividend tier is being reduced to just 15 or more debit card transactions posted per month. It was previously 30. Members with 0 to 14 posted debit card transactions will earn the Standard Tier dividend, Coastal explained.
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