Raleigh, NC (May 6, 2009)- Coastal Federal Credit Union and the City of Raleigh Parks and Recreation Department will plant a tree in front of the credit union’s Wakefield branch. That will be the symbolic start of a partnership that will see Coastal present the Raleigh NeighborWoods program with a donation to continue planting more trees in neighborhoods around the city.
The contribution, more than $9,000, will be made in honor of Coastal members who opened new Go Green Checking accounts in 2008. Coastal introduced the new high-dividend account in January of 2008, and opened more than 21,000 by the end of the year. Of those, 9,270 were to brand-new members or members that did not previously have checking accounts. “We are thrilled about Coastal Federal Credit Union’s support of the Neighborwood’s program. Thanks to Coastal Federal Credit Union we will be able to purchase 500 trees for the City of Oaks”, Sherry Graham, Tree Planting Coordinator.
The tree planting ceremony will take place Thursday at 4:30 PM at the Coastal Federal Credit Union branch located at 10850 Wakefield Commons Drive in Raleigh. Representatives of the Parks and Recreation Department’s Urban Forestry and NeighborWoods programs will join credit union officials for the event. The ceremony will be immediately followed by an open house to showcase new technology that was recently installed at the branch.
Coastal Federal Credit Union is a not-for-profit, member-owned, financial cooperative, offering a full range of financial products and services for individuals, families and businesses. Coastal was chartered on August 31, 1967 with the mission of fostering the credit union philosophy of “people helping people”. Today, with $2.2 billion in assets, Coastal serves 192,000 members from 1,200 business partners and is the 10th largest financial institution in the state. Coastal operates 18 branches in the Triangle and Charlotte markets and is online at www.COASTAL24.com
The purpose of Raleigh Parks and Recreation Department is to actively, encourage, provide, promote, and protect quality leisure, recreation and cultural opportunities, facilities and environments that are essential for the enhancement of the lives of our citizens.
NBC 17- NeighborWoods Tree Planting in Raleigh