The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Coastal Financial in Wash. hires head of technology

Coastal Financial in Everett, Wash., has hired an outsider to oversee tech initiatives.

The $3.1 billion-asset company said in a press release that it hired Barb MacLean as its head of technology operations and implementation. She previously served as vice president of integration and analytics at Celero Solutions.

“The capabilities and experience that Barb brings to our organization will be instrumental as Coastal continues to advance into a more complex organization,” Eric Sprink, Coastal’s CEO, said in the release. “Her experience will help Coastal as we navigate the data-driven fintech landscape.”

MacLean is the second big hire for Coastal in recent months. Last year, the company brought on Curt Queyrouze, former president and CEO of TAB Bank, to become its president.

Coastal, through its CCBX division, provides Banking-as-a-Service (BaaS) services. The company said when it reported third-quarter earnings that it had 19 active BaaS partners. Five companies had signed letters of intent, while two others were in the middle of testing.

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