CCUL Headlines: CU Highlights

Faleski, Welborn settle in to new roles at Coastal Credit Union

Tuesday, July 11, 2017   (0 Comments)
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Recently, Coastal Credit Union announced the promotion of David Faleski to SVP/chief information officer, and welcomed Sheila Welborn to the team as a mortgage business development officer.

Faleski brings 24 years of credit union experience to the leadership team, including 15 at Coastal. His breadth of experience includes several VP roles over key departments, namely Marketing and Member Contact Centers, Digital Banking, and most recently, IT Strategy. He also took on a special role as director of business transformation during Coastal’s core processor conversion project in 2013 and 2014, where he led the implementation of essential systems. 

“David’s ingenuity has been tremendous asset to Coastal, and he’s a welcomed addition to our leadership team,” said President & CEO, Chuck Purvis. 

Faleski is a lifelong learner with a BS in Accounting from Excelsior College, an MBA from Campbell University, and an M.Ed in Technology in Education from Strayer University. He also holds several technical certifications, a certificate in graphic and web design, and a Project Management Professional (PMP) designation. His industry credentials include both Credit Union Development Educator (CUDE) and Certified Credit Union Executive (CCUE) designations, as well as being an alumni of Filene Institute’s i3 program.

Faleski fills the role vacated by Kristopher Kovacs, who was named president and CEO of Constellation Digital Partners, LLC in May.

And Welborn joins the Coastal Credit Union mortgage team as a mortgage business development officer. She will focus on expanding Coastal’s mortgage lending presence in the Chapel Hill / Carrboro area. She will be based out of Coastal’s Carrboro location at 310 E. Main Street. 

She has 25 years of financial services experience, primarily mortgage lending in Orange and Durham counties. Her background includes 10 years’ prior experience in credit union lending. 

Welborn holds a BA in Business from Winthrop University.


About Coastal

Coastal Credit Union is a not-for-profit, member-owned, financial cooperative, offering a full range of financial products and services. Coastal was chartered on August 31, 1967 with the mission of fostering the credit union philosophy of “people helping people.” Today, with $2.9 billion in assets, Coastal serves 235,000 members from 1,700 business partners and is among the leading financial institutions in North Carolina. Coastal operates 22 branches in central North Carolina and serves members in all 50 states through a network of 5,000 shared branches, 80,000 surcharge-free ATMs, mobile banking featuring mobile check deposit, and a robust offering of online services at

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1000 Saint Albans Drive
Suite 325
Raleigh, NC 27609

800-822-8859 Phone
919-573-0474 Fax


7440 Broad River Road
Irmo, SC 29063

PO Box 1787
Columbia, SC 29202

800-822-8859 Phone
803-732-4268 Fax