Credit Union Buys Naming Rights to N.C. Concert Venue

RALEIGH, N.C. --Coastal Federal Credit Union in, has bought the naming rights to a major concert venue in its headquarters city here.

The $2.6 billion-asset credit union announced Thursday that Walnut Creek Amphitheater will be rebranded at Coastal Credit Union Music Park as part of a multiyear deal.

A spokesman for Coastal FCU declined to discuss the price of the sponsorship deal.

The outdoor venue opened in 1991. It has an average annual attendance of 300,000 people across more than 20 events.

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