Business
Coastal Names New President
EVERETT, Wash., May 18, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), the holding company for Coastal Community Bank
About this update from Coastal Financial Corporation
[{"type":"text","content":"EVERETT, Wash., May 18, 2022 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), the holding company for Coastal Community Bank (the “Bank”), announced the hiring of Curt Queyrouze as President. Eric Sprink will continue as CEO as the Bank expands the Executive team of the almost $3 billion Bank. “As Coastal becomes a more complex and rapidly growing bank, with both our community bank and our Banking as a Service (BaaS) division, CCBX, we are aware of the importance of adding key skills and leadership at every level to enhance the programs we already have in place,” said Sprink. “Adding Curt to our leadership team will ensure we have continued focus and resources as we build a strong infrastructure to serve our increasingly diverse local and fintech customers better,” he said. Queyrouze has a background with expertise in credit, risk management, and financial technology. He was most recently President and CEO of TAB Bank, UT, and brings an extensive background in managing a community bank and fintech partnerships through BaaS. During his tenure at TAB Bank, the $1.2 billion bank leveraged investments in a data platform, API stack, and agile development to transform the wholly digital Bank into a market leader. “I am excited to join the Coastal team at an already successful tech-forward organization that provides innovative banking products and services, through both the community bank and CCBX partners, to a broad spectrum of consumers and small businesses,” Queyrouze said. He is especially proud of bringing the best of community banking to the digital sphere. “Banking has the ability to make a positive impact on our customers’ lives, including the under-served or under-banked populations, and Coastal is uniquely positioned to use a combination of data and analytics while partnering directly with clients to focus on their well-being,” Queyrouze added. In addition to TAB Bank, Queyrouze’s career includes a variety of leadership roles at banks ranging from top-ten and regionals to community institutions, and as Chief Operating Officer of a fintech company. He holds a degree in Accounting from Louisiana State University and is active in his community and banking industry organizations. Coastal worked with The Travillian Group, LLC, a national executive recruiting firm serving the financial services indu...