New name and logo for Coastal1 Credit Union. (Source: Pawtucket Credit Union) New name and logo for Coastal1 Credit Union. (Source: Pawtucket Credit Union)

Pawtucket Credit Union announced Monday that it will change its name to Coastal1 Credit Union on May 18 of this year.

Officials stated the reason for the name change is due to the expanding field of membership the credit union has seen since it was founded in 1928. In a statement from the credit union, it said the name Coastal1 will better reflect its larger marketplace beyond its headquarters in Pawtucket, R.I., just northeast of Providence.

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Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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