Guam - Coast360 Federal Credit Union entered its golden year by not only celebrating 50 years, but bringing on board new leadership. This morning, Coast360 announced the arrival of Richard Northey as the new chief executive officer.

He brings over 41 years of experience in the banking industry and hopes to continue providing its members with the best service. "If you look at my background, you'll see I have quite a bit of experience with small business and commercial lending," Northey explained. "I think that's one of the strengths I bring because I feel that the small business environment on Guam is underserved financially. So I think there's a wide opening to expand that area."

Prior to joining Coast360, Northey was the executive vice president and head of commercial banking for ANZ Guam Inc. He holds a bachelor's in finance from the University of Oregon and a master's in general management from St. Mary's College.