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.”

Just Posted

City of White Rock responds to Lady Alexandra court petition

City says it did not breach ‘obligation of procedural fairness’

VIDEO: 5X Festival takes over Surrey’s Central City plaza

Second annual event draws thousands of people throughout the day

City shifts proposed transit station to King George after cancellation of LRT

Council to consider Newton Town Centre plan in fall

VIDEO: Plane makes forced landing on Highway 17 in Surrey

Police say no one was injured and no damage to aircraft or vehicles

Nearly 200 motorcycles take off from Cloverdale for Brenden’s Ride

Annual fundraiser supports programs that empower people with disabilities

10 facts about Father’s Day

Did you know that the special day for dads was first celebrated in 1910?

Bombers down B.C. Lions 33-23 in season opener

Former Lion Andrew Harris leads Winnipeg with 148 rushing yards

Northern B.C. family remembers murdered Indigenous woman with memorial walk

Still no closure for Ramona Wilson’s family 25 years later

Pride flag taken down by Township of Langley

Woman said she was told it was removed from her front yard because of a complaint

B.C. university to offer mentorship program for former youth in care

Students using the provincial tuition waiver program will soon be able to form a community at KPU

Cyclists competing in one of the toughest bike races on the planet pass through Fernie

Divide riders looking strong as they finish first leg of 4160 km race

You might not know these B.C. records are public

Hired a lawyer to file a civil claim? Those are published online

B.C. bus driver loses case to get job back after texting while driving full bus

An arbitator ruled that Tim Wesman’s phone usage was a “a reckless disregard for public safety”

Revamped B.C. Lions set to battle veteran Winnipeg Blue Bombers

The Lions’ first test of the season will be a big one

Most Read

l -->