Why A Fintech Unicorn Is Donating Millions To Start A Credit Union [Forbes]
Coastal Financial Corporation (CCB)
Last coastal financial corporation earnings: 4/27 09:25 am
Check Earnings Report
Company Research
Source: Forbes
Aven cofounder and CEO Sadi Khan says credit unions are structurally set up to lower people's borrowing costs. Cody Pickens for Forbes In an apparently unprecedented move, Sadi Khan, the 40-year-old CEO and cofounder of fintech startup Aven , says he and the company are donating "a few million dollars" to launch a new federal credit union. While the not-for-profit credit union will be independent, Khan hopes it will offer Aven products to its members and will advance his stated goal of lowering borrowing costs, particularly for homeowners. Aven, based in the San Francisco Bay Area, offers credit cards grafted onto home equity lines of credit (HELOCs) of up to $400,000. The new financial institution it's sponsoring, Haven FCU, will be based in Silicon Valley's Santa Clara. Khan expects Haven to start offering digital banking products this year and to open a physical location over the next 18 months. He says the credit union's management team will decide how many branches it op
Show less
Read more
Impact Snapshot
Event Time:
CCB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CCB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CCB alerts
High impacting Coastal Financial Corporation news events
Weekly update
A roundup of the hottest topics
CCB
News
- Coastal Financial (NASDAQ:CCB) had its price target lowered by analysts at Hovde Group from $140.00 to $133.00. They now have an "outperform" rating on the stock.MarketBeat
- Coastal Financial (NASDAQ:CCB) Exceeds Q4 CY2025 Expectations [Yahoo! Finance]Yahoo! Finance
- Coastal Financial Corporation (CCB) Q4 Earnings and Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Coastal Financial Corporation Announces Fourth Quarter 2025 ResultsGlobeNewswire
- Coastal Financial CEO Sells 12,402 Shares Worth $1.4 Million [Yahoo! Finance]Yahoo! Finance
CCB
Earnings
- 1/30/26 - Miss
CCB
Sec Filings
- 1/29/26 - Form 8-K
- 1/29/26 - Form 8-K
- 1/28/26 - Form 4
- CCB's page on the SEC website