Strategic Insights into Banking & Fintech

Coastal in Wash. hires fintech vet to run BaaS division

Coastal Financial in Everett, Wash., has a new president for its fintech and Banking-as-a-Service division.

The $4 billion-asset company said in a press release that it bifurcated the bank president role by appointing Brian Hamilton, a Coastal director, to lead CCBX. Curt Queyrouze, president of the company and the bank, will serve as president of the community bank division.

“As Coastal focuses on growing CCBX, we continuously seek out individuals with the skillsets and experience that we believe will bolster our banking-as-a-service division and who complement the leadership team already in place,” Eric Sprink, Coastal’s CEO, said in the release.

“Brian’s appointment to this new role will allow the Company to benefit more deeply from his background and extensive expertise in banking, lending, payments and digital products development,” Sprink added.

Hamilton was a co-founder and CEO of One Finance, which was sold to a Walmart-led joint venture in 2022. A banking veteran, he once was president of Capital One’s merchant services division.

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