Coastal Expands Executive Team with Key Leadership Appointments
Coastal Financial Corporation (Nasdaq: CCB) has strengthened its executive leadership team with four strategic appointments to support growth in digital banking and community initiatives. The new executives include Ryan Hall as Chief Product Officer (former SoFi Bank executive), Michael Costigan as Chief Commercial Officer (from OnePay), Freddy Rivas as Chief Credit Officer (former Santander executive), and Chris Morgan as Chief Information Security Officer (from Even Responsible Finance).
The appointments bring significant expertise in product development, business growth, risk management, and cybersecurity. Notable achievements of the new executives include Hall's leadership in banking product development at SoFi, Costigan's role in OnePay's $40 million Series B raise, Rivas's extensive credit leadership experience, and Morgan's success in scaling security operations.
Coastal Financial Corporation (Nasdaq: CCB) ha rafforzato il proprio team dirigenziale con quattro nomine strategiche per sostenere la crescita nel banking digitale e nelle iniziative locali. I nuovi dirigenti sono Ryan Hall come Chief Product Officer (ex dirigente di SoFi Bank), Michael Costigan come Chief Commercial Officer (proveniente da OnePay), Freddy Rivas come Chief Credit Officer (ex dirigente di Santander) e Chris Morgan come Chief Information Security Officer (da Even Responsible Finance).
Le nomine apportano competenze rilevanti nello sviluppo di prodotto, nella crescita commerciale, nella gestione del rischio e nella cybersecurity. Tra i risultati pi霉 significativi si segnalano la guida di Hall nello sviluppo dei prodotti bancari presso SoFi, il ruolo di Costigan nel round Series B da 40 milioni di dollari di OnePay, la vasta esperienza di Rivas nella direzione del credito e il successo di Morgan nel far crescere le operazioni di sicurezza.
Coastal Financial Corporation (Nasdaq: CCB) ha reforzado su equipo ejecutivo con cuatro nombramientos estrat茅gicos para impulsar el crecimiento en la banca digital y en iniciativas comunitarias. Los nuevos directivos son Ryan Hall como Chief Product Officer (ex ejecutivo de SoFi Bank), Michael Costigan como Chief Commercial Officer (procedente de OnePay), Freddy Rivas como Chief Credit Officer (ex ejecutivo de Santander) y Chris Morgan como Chief Information Security Officer (de Even Responsible Finance).
Estos nombramientos aportan experiencia significativa en desarrollo de productos, expansi贸n comercial, gesti贸n de riesgos y ciberseguridad. Entre los logros destacados est谩n el liderazgo de Hall en productos bancarios en SoFi, la participaci贸n de Costigan en la ronda Series B de 40 millones de d贸lares de OnePay, la amplia trayectoria de Rivas en cr茅dito y el 茅xito de Morgan escalando operaciones de seguridad.
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鞚措矆 鞚胳偓電� 靸來拡 臧滊皽, 靷梾 靹膘灔, 毽姢韥� 甏�毽� 氚� 靷澊氩� 氤挫晥 攵勳暭鞚� 頀嶋秬頃� 鞝勲靹膘潉 雿旐暕雼堧嫟. 欤检殧 靹标臣搿滊姅 Hall鞚� SoFi鞐愳劀鞚� 鞚�頄� 靸來拡 臧滊皽 毽崝鞁�, Costigan鞚� OnePay 4觳滊 雼煬 攴滊 Series B 彀胳棳, Rivas鞚� 韽創鞚� 鞁犾毄 毽崝鞁� 瓴巾棙, Morgan鞚� 氤挫晥 鞖挫榿 頇曥灔 靹标车鞚� 鞛堨姷雼堧嫟.
Coastal Financial Corporation (Nasdaq: CCB) a renforc茅 son 茅quipe de direction avec quatre nominations strat茅giques pour soutenir la croissance dans la banque digitale et les initiatives communautaires. Les nouveaux cadres sont Ryan Hall en tant que Chief Product Officer (ancien dirigeant de SoFi Bank), Michael Costigan en tant que Chief Commercial Officer (venu de OnePay), Freddy Rivas en tant que Chief Credit Officer (ancien de Santander) et Chris Morgan en tant que Chief Information Security Officer (issu d'Even Responsible Finance).
Ces nominations apportent une expertise significative en d茅veloppement de produit, expansion commerciale, gestion des risques et cybers茅curit茅. Parmi les r茅alisations notables figurent le leadership de Hall dans le d茅veloppement de produits bancaires chez SoFi, le r么le de Costigan dans la lev茅e de 40 millions de dollars en s茅rie B pour OnePay, l'exp茅rience approfondie de Rivas en cr茅dit et le succ猫s de Morgan dans la mont茅e en puissance des op茅rations de s茅curit茅.
Coastal Financial Corporation (Nasdaq: CCB) hat sein F眉hrungsteam mit vier strategischen Ernennungen verst盲rkt, um Wachstum im digitalen Banking und in Gemeinschaftsinitiativen zu f枚rdern. Die neuen F眉hrungskr盲fte sind Ryan Hall als Chief Product Officer (ehemaliger SoFi Bank-Manager), Michael Costigan als Chief Commercial Officer (von OnePay), Freddy Rivas als Chief Credit Officer (ehemals bei Santander) und Chris Morgan als Chief Information Security Officer (von Even Responsible Finance).
Die Ernennungen bringen umfangreiche Expertise in Produktentwicklung, Gesch盲ftsausbau, Risikomanagement und Cybersicherheit. Hervorzuheben sind Halls Leitung der Bankproduktentwicklung bei SoFi, Costigans Beteiligung an OnePays Series-B-Finanzierung 眉ber 40 Millionen US-Dollar, Rivas鈥� weitreichende Erfahrung in der Kreditf眉hrung und Morgans Erfolge beim Ausbau der Sicherheitsoperationen.
- Strategic expansion of executive team with experienced leaders from major financial institutions
- Addition of specialized expertise in product development, commercial growth, risk management, and cybersecurity
- Strengthened leadership to support both digital banking (CCBX) and community banking initiatives
- Potential integration challenges with multiple new executives joining simultaneously
- Increased executive compensation costs with four new C-level positions
EVERETT, Wash., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Coastal Financial Corporation (Nasdaq: CCB) (the 鈥淐ompany鈥�), and its subsidiary, Coastal Community Bank (the 鈥淏ank鈥�), today announced the appointment of four new members to its executive leadership team to support the Company鈥檚 continued growth across its digital banking and community-focused initiatives.
Ryan Hall has joined as Chief Product Officer, Michael Costigan has been appointed Chief Commercial Officer, Freddy Rivas has joined as Chief Credit Officer and Chris Morgan has been named Chief Information Security Officer. Each executive brings deep industry experience and a strong track record of leadership in financial services, technology, and risk management.
鈥淩yan, Michael, Freddy, and Chris each bring a distinct set of skills that will help us expand our product offerings, deepen relationships, manage risk, and safeguard the infrastructure across the bank and our embedded finance offerings,鈥� said Brian Hamilton, the Company鈥檚 President of CCBX. 鈥淲e are excited to welcome them to the Coastal team!鈥�
Mr. Hall brings a background in product strategy and innovation, having most recently served as Head of Product, Engineering, and Design at SoFi Bank. There, he led the development of core consumer banking products and helped launch the bank鈥檚 platform services. He previously worked with The Boston Consulting Group鈥檚 Digital Ventures arm, building fintech businesses and advising global banks on transformation strategy.
Mr. Costigan joins Coastal from OnePay, a Walmart and Ribbit Capital joint venture, where he served as Vice President of Business Development. At OnePay, he led the company鈥檚
Mr. Rivas brings over two decades of commercial banking and credit leadership experience, most recently as Chief Risk Officer at Santander for consumer and business banking. Prior to that he held various leadership roles at BBVA and Citi where he led credit policy development, managed complex loan portfolios, and built high-performing risk and underwriting teams to support sustained portfolio growth.
Mr. Morgan most recently served as Chief Information Security Officer at Even Responsible Finance and OnePay, where he scaled the security function from a team of two to 25 and implemented robust governance programs to support rapid product growth across national channels. Prior to that, he held multiple roles at the Federal Reserve System, where he helped define and implement national security programs and analytics initiatives.
鈥淎s Coastal continues to grow and scale both our CCBX and community bank businesses, it is critical that we attract exceptional leaders who bring proven capabilities and fresh perspectives,鈥� said Eric Sprink, the Company鈥檚 CEO. 鈥淭hese appointments reflect our commitment to building an executive team with the experience and expertise needed to lead the Bank through its next phase of growth.鈥�
About Coastal Financial Corporation
The Company, is an Everett, Washington based bank holding company whose wholly owned subsidiaries are the Bank and Arlington Olympic LLC. The Bank, which has
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Contact:
Joel Edwards
Chief Financial Officer
425.357.3687
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Source: Coastal Financial Corporation
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