Don Coulter is new president and CEO of Coast Capital Savings.

Don Coulter is new president and CEO of Coast Capital Savings.

Coast Capital Savings names president

Don Coulter drops interim from his title as head of Surrey-based credit union

Coast Capital Savings has appointed Don Coulter as its new President and Chief Executive Officer. He had been serving as Interim CEO since July 2014.

Coulter joined Coast Capital as Chief Financial Officer in 2009 and has played an instrumental role in the strategic direction and success of the organization over the past six years. During his tenure as CFO, Coast Capital had strong financial performance, growing assets under administration by $2 billion, nearly doubling retained earnings and posting several years of record profits.

He is currently leading the development of Coast Capital’s new corporate headquarters, slated for completion in late 2015 as one of the flagship projects in the revitalization of Surrey’s city centre.

“Don has done a tremendous job and been an effective leader at Coast Capital for many years. Our extensive Canada-wide search for qualified candidates reinforced Don as the natural choice for the CEO position,” said Bill Cooke, Chair of the Board of Directors. “He has extensive experience in financial services, a proven track record of achieving results and a passion for helping our members.”

Prior to joining Coast Capital, Don held senior executive positions with CIBC, First Caribbean International Bank and the Ontario Teachers’ Pension Plan.

“I’m excited and honoured to have this new opportunity and to be able to continue working with such an incredibly talented executive group and team of employees,” Coulter said. “Coast Capital is one of the most innovative, rapidly growing and member focused credit unions in Canada. I intend to build on this proud legacy to help improve the financial well-being of our members and deliver on our purpose to change the way Canadians feel about banking, forever.”

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Surrey Fire Service at a garage fire in the 14400-block of 82A Ave on March 22, 2021. (Photo: Shane MacKichan)
‘Perfect storm’ of variants, increasing COVID cases are concerning for Surrey fire chief

Between police and fire, Larry Thomas said there are 8 confirmed cases, 18 others isolating

Emergency crews on scene after a small plane crashed in a grassy area on the northeast side of Boundary Bay Airport Saturday morning (April 10). A freelancer said the plane caught fire and one person was transported to hospital by BC Emergency Health Services. (Photo: Shane MacKichan)
Small plane crashes at Delta’s Boundary Bay Airport

Plane appears to have suffered ‘significant’ damage, says freelancer

Signage on a South Surrey sidewalk reminds pedestrians to respect social-distancing guidelines. (Photo: Tracy Holmes)
Surrey records 4,400 COVID-19 cases in March

New cases almost doubled between February, March

The Rotary Club of South Surrey is planning to host another shredding event on April 17, 2021.(Contributed file photo)
South Surrey Rotarians to host shredding event

April 17 fundraiser to offer secure shredding by donation

Surrey Fire Service is on scene of a fire in the 12300-block of 72A Avenue Saturday morning (April 10). (Photo: Shane MacKichan)
Surrey crews on scene of house fire

It happened in the 12300-block of 72A Avenue

B.C. Health Minister Adrian Dix and Premier John Horgan describe vaccine rollout at the legislature, March 29, 2021. (B.C. government)
1,262 more COVID-19 infections in B.C. Friday, 9,574 active cases

Province’s mass vaccination reaches one million people

Two-year-old Ivy McLeod, seen here on April 9, 2021 with four-year-old sister Elena and mom Vanessa, was born with limb differences. The family, including husband/dad Sean McLeod, is looking for a family puppy that also has a limb difference. (Jenna Hauck/ Chilliwack Progress)
B.C. family looking for puppy with limb difference, just like 2-year-old Ivy

Ivy McLeod born as bilateral amputee, now her family wants to find ‘companion’ puppy for her

Emergency crews on scene after a small plane crashed in a grassy area on the northeast side of Boundary Bay Airport Saturday morning (April 10). A freelancer said the plane caught fire and one person was transported to hospital by BC Emergency Health Services. (Photo: Shane MacKichan)
1 taken to hospital after plane crash at Metro Vancouver airport

Plane appears to have suffered ‘significant’ damage, says freelancer

A vehicle that was driven through the wall of a parkade at Uptown Shopping Centre and into the nearby Walmart on April 9 was removed through another hole in the wall later that night. (Photo via Saanich Police Department and Ayush Kakkar)
Vehicle launched into B.C. Walmart removed following rescue of trapped workers

Crews cut new hole in parkade wall to remove vehicle safely

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Four members with Divers for Cleaner Lakes and Oceans were out at Cultus Lake on March 28 and 29 hauling trash out of the waters. (Henry Wang)
PHOTOS: Out-of-town divers remove 100s of pounds of trash from Cultus Lake

Members of Divers for Cleaner Lakes and Oceans hauled out 470 pounds of trash over two days

As of Saturday, April 10, people born in 1961 are the latest to be eligible for a COVID-19 vaccine. (Black Press files)
B.C. residents age 60+ can now register to get their COVID-19 vaccine

Vaccine registration is now open to people born in 1961 or earlier

A new saline gargle test, made in B.C., will soon be replacing COVID-19 nasal swab tests for kids. (PHSA screenshot)
Take-home COVID-19 tests available for some B.C. students who fall ill at school

BC Children’s Hospital plans to provide 1,200 kits to Vancouver district schools this April

Ruming Jiang and his dog Chiu Chiu are doing fine following a brush with hypothermia that saw several people work together to get them out of the Fraser River near Langley’s Derby Reach Park on March 25, 2021 (Special to the Advance Times)
Man finds men who rescued him from drowning in B.C.’s Fraser River

A grateful Ruming Jiang says he will thank them again, this time in person when the pandemic ends

Most Read