Credit union donates building to N.C. Wesleyan


Coastal Federal Credit Union donated this 6,300-square-foot building at 2900 N. Wesleyan Blvd. to N.C. Weleyan College.


Staff Writer

Sunday, August 20, 2017

N.C. Wesleyan College recently received a much-needed gift from a local credit union.

Coastal Federal Credit Union has donated a 6,300-square-foot building at 2900 N. Wesleyan Blvd., which is less than a mile from the campus. Joe Mecca, marketing strategy and communication manager for Coastal Federal Credit Union, said the former Freedom Federal Credit Union’s branch building will provide space for Wesleyan’s new community engagement office.

Dr. Dewey Clark, president of Wesleyan, said the building is an enormous benefit to the college as Wesleyan has been the fastest growing private college in North Carolina for the past three years.

“We’re growing so fast, and faculty and staff don’t grow proportionally with students,” Clark said. “We have to add people as we grow. We also are running out of office spaces and classrooms and this donated building addresses office space. This will provide us an opportunity to put at least 12 employees and at some point as many as 20 in that building. The key is putting people down there is that they don’t have to be on campus to do their job.”

Mecca said part of the agreement will be Coastal having naming rights to the building and will help the college launch a new school of financial education. Coastal will provide resources and expertise to help bring the program to fruition and for ongoing support, Mecca added.

Clark said the financial literacy component won’t yield college credits for students, but the programming will be more about educating students, faculty, staff and people about understanding how to balance their check book, protect their credit score and other useful financial practices.

“It’s not traditional academic offerings, but these are important and practical common-sense things that people need to know,” he said.

The building also has meeting spaces, which could also enable the college’s business department to begin a life skills and mentoring program for area high schools in conjuction with Communities in Schools of the Rocky Mount Region, Mecca said.

“All of this is getting connected to the community, and we want partnership with everybody,” Clark said. “We want Wesleyan to be viewed as Rocky Mount’s college and to do that we have to have partnership with a lot of different groups.”

Coastal was chartered in 1967 and has assets of $2.9 billion. It operates 22 branches in the Triangle market and expanded in the Twin Counties last year with a merger with Freedom Federal Credit Union. Mecca said Coastal’s community engagement team will continue to stay active in the Twin Counties.

“It’s extremely important to have a presence and we’re particulary stressing our efforts in the Rocky Mount area with us still being fairly new,” Mecca said. “We want people to know what we do and what we stand for.”