Coast Central Credit Union President/CEO James T. Sessa announced that its Board of Directors has approved an increase in the number of scholarships awarded and selected 25 exceptional high school seniors out of 70 applications submitted. CCCU had previously awarded 19 students last year and 11 the previous several years. Scholarships are based on a written essay describing their ability to overcome adversity, displayed commitment to make a positive impact on their schools or communities, and academic performance or improvement. Each recipient receives a total of $5,000 over four years in pursuit of higher education. 2023 recipients Arcata High: Miles …
News Posts
Coast Central Credit Union President/CEO James T. Sessa announced that its Board of Directors has approved $150,000 in grants to 22 local organizations through its Community Investment Program’s spring round, an increase of $50,000 over previous rounds. A total of 70 non-profits had requested nearly $1 million. Coast Central also supports its communities through sponsorships and college scholarships for a total of $650,000 this year throughout Humboldt, Del Norte, and Trinity counties. Additionally, Coast Central employees contribute over 3,500 hours annually in volunteerism. Spring 2023 recipients include: Humboldt/Trinity Counties $25,000 Dream Quest; new community youth center $6,000 Willow Creek Fire …
Coast Central Credit Union announced it is currently accepting applications for up to 25 college scholarships, available to students graduating this year from high schools throughout Humboldt, Del Norte, and Trinity counties. Scholarships are awarded in the amount of up to $5,000 each, disbursed over a four-year period. Recipients will be selected based on multiple factors including financial need; essay on overcoming adversity; commitment to education, either through academic performance or consistent improvement during high school; and community and/or school involvement. Recipients are required to attend Cal Poly Humboldt, College of the Redwoods, Chico State or Shasta College for at …
Coast Central Credit Union (CCCU) announced that the spring 2023 round of its Community Investment Program is now open. With the recent Board of Directors’ approval of an increase up to $300,000 in grants annually, $150,000 is available this round to support local organizations throughout Humboldt, Del Norte, and Trinity counties. Grant amounts generally range from $3,000 to a maximum of $25,000, and there are usually 8 to 12 recipients. The giving program was created in 2008, and since then has awarded a total of over $2 million to 200 organizations throughout its tri-county service area. Recent grant recipients have …
Coast Central announced that Arcata High and McKinleyville High Schools recently received donations for athletic projects through its sponsorship program. Arcata High had requested funds for a new portable scoreboard that could be used at all soccer and softball games. Principal Ron Perry stated, “Our previous scoreboard was unrepairable, and a long-term replacement could not be installed in time for our girls’ softball season this year. Additionally, our soccer teams had never had a scoreboard. Coast Central came through for our student athletes big-time.” The school received $3,000 from CCCU. McKinleyville High had requested funds to improve its softball field. …
January 20, 2023 Coast Central Credit Union announced the completion by local artist Olivia Fox of a mural on a fenced enclosure in the parking lot of its Eureka Downtown location at 4th and F Streets. A project that began in September, the mural represents the organization’s longtime “People Helping People” approach of substantial community giving through grants, sponsorships, college scholarships, and employee volunteerism. To depict the various giving programs, the mural highlights notable scenes from the local community, including Coast Central employees cleaning beaches, a scholarship recipient graduating at Cal Poly Humboldt, the CCCU-sponsored Bloodmobile near Eureka’s Waterfront, Old …
November 21, 2022 Coast Central Credit Union announced that Jasmin Gammel has been appointed Vice President, Member Digital Services, reporting to President/CEO James T. Sessa. Gammel is responsible for the organization’s Digital Banking products,Chat, its Member Support Center including phone support, check processing, ACH, and its Credit/Debit Card Services Department. Gammel brings over 20 years of credit union experience and 12 years of technical project management experience to the organization, most recently serving as Vice President of Digital Strategy at Fortera Federal Credit Union in Clarksville, Tennessee. Her expertise includes enhancing the member and employee experience through strategic planning, …
October 19, 2022 Coast Central Credit Union President/CEO James T. Sessa announced that its Board of Directors has approved $100,000 in grants through its Community Investment Program’s spring round to 12 local organizations, bringing the total awarded to $2 million since 2008. A total of 48 non-profits had requested $600,000. Coast Central also supports its communities through sponsorship, college scholarship, and employee volunteer programs. Fall 2022 recipients include: Humboldt County $20,000 Eureka Rescue Mission; bunk beds and mattresses $20,000 Fortuna Senior Center; bathroom for new building $10,000 Telegraph Ridge Fire Protection; fire station repairs and upgrades $9,800 Hoopa American …
Coast Central Credit Union announced that Fred J. Moore III, CPA, VP Chief Financial Officer, has been promoted to Executive Vice President, working closely with President/CEO James T. Sessa to lead and manage the credit union. Moore has a total of 35 years of financial institution experience and has been with Coast Central for over four years. In his new role, Moore will support vice presidents in providing guidance and oversight of Member Services Branches and various departments throughout the organization. Prior to joining Coast Central in 2018, Moore was Senior Vice President – Chief Financial Officer at Redwood Capital …
August 23, 2022 Coast Central Credit Union announced that Vaughn Peterson has been appointed Vice President, Information Systems, reporting to President/CEO James T. Sessa. Peterson is responsible for the organization’s technology areas, ensuring the highest level of network security and compliance with all systems, increasing efficiencies and enhancing operations, monitoring trends to advance the credit union’s products and services, and overseeing a team of 11 skilled employees. Peterson brings over 20 years of information technology experience to Coast Central, most recently serving as Chief Technology Officer of Cyprus Credit Union in West Jordan, Utah, the longest-serving credit union in the …