Coastal Credit Union Launches Early Pay, Cuts Go Green Transaction Requirements in Half

Coastal Credit Union has announced two new enhancements to its deposit products, designed to improve members’ experience, particularly for checking account holders.  

Effective today, Coastal is introducing Early Pay, a feature that allows members with eligible incoming Automated Clearing House (ACH) deposits faster access to their money. The biggest beneficiaries will be members with direct deposit payroll and Social Security payments.

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. 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 qualified1 ACH deposit.

Additionally, effective November 1st, Coastal 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.  Members will see the new tiers reflected in their November 30th dividend.