Cooperative Business Services (CBS) is pleased to announce a new partnership with Coastal Credit Union as part of its North Carolina model. This collaboration enables Coastal to participate in commercial loans across the region, providing new opportunities to diversify its lending portfolio and better serve its members.
Through this partnership, CBS will manage loan origination, underwriting, and ongoing servicing, allowing Coastal to expand its commercial lending capabilities without increasing internal resources.
“We’re excited to welcome Coastal Credit Union as a partner,” said T.J. Simyak, CBS’ Regional President — East Coast. “Our North Carolina model continues to strengthen collaboration among credit unions, making it easier to deliver competitive, well-managed lending solutions to members statewide.”
This partnership reflects CBS’ ongoing commitment to helping credit unions grow through shared lending opportunities and operational efficiency.
