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Supporting Credit Union Success
Through the Power of Cooperation


 

15 years ago, Alloya was born and our mission was formed – to support credit union success through the Power of Cooperation. From that moment on, everything we have done has started with the question: “What is in the best interest of the credit unions we serve, and how can we simplify their operational lives?”

When we embarked on our mission in 2011, we committed to continuously changing what a credit union’s partner can be by pursuing innovation and finding the best solutions to help our members thrive in a rapidly changing financial landscape. As we look back over the past 15 years, we can say mission accomplished, and then some!

Through the support and vision of our members and Board of Directors, we have been able to achieve what no other company has. Alloya has a resoundingly strong capital and liquidity position, provides record amounts of dividends to its members, and offers industry-leading technology through its innovation-focused mindset that strives to provide the best products and services for credit unions – no matter how large or small they are.

Our job has always been to make your job easier, and in honor of Alloya’s 15th anniversary, we are celebrating all the ways we have simplified the operational lives of our member credit unions through the Power of Cooperation. From digital payments to liquidity options, from investment opportunities to member solutions, Alloya continues to prove that it’s the best partner a credit union could ask for.

Have a look below to celebrate some of the corporate’s highlights throughout its history. Here’s to 15 years of supporting credit unions through the Power of Cooperation and many more to come!

What the Power of Cooperation Provides

2011
2012
2013
2014
2015
2016
2018
2019
2020
2021
2023
2024
2025

2011

Alloya is formed on October 24 with over 1,000 credit unions contributing $70M in capital to found the corporate.

2012

Seven new products and services are launched, including Remote Deposit Capture and the Supplemental Line of Credit.

2013

Alloya merges with CenCorp on April 30.

2014

Members realize a 100% return on their initial invested capital.

2015

  • On February 29, SunCorp credit unions join the Alloya family.
  • Alloya holds its first Credit Union Leadership Symposium.

2016

A new CUSO, TranzCapture, is formed by Alloya and Catalyst Corporate, focusing on remote deposit capture services.

2018

Alloya’s new online trading investment management system, Premier Portfolio, launches.

2019

  • Alloya launches its Associate Membership program, allowing credit unions to access a line of credit without a capital contribution.
  • Alloya rebrands its wholly owned investment solutions CUSO as Alloya Investment Services.

2020

  • A modernized Premier View makes its debut.
  • The Loan Participation Platform is launched.
  • During the global pandemic, Alloya launches the $1M Alloya CARES Grant Program and donates $250,000 towards league and association initiatives.

2021

  • A modernized Premier View makes its debut.
  • The Loan Participation Platform is launched.
  • During the global pandemic, Alloya launches the $1M Alloya CARES Grant Program and donates $250,000 towards league and association initiatives.

2023

  • Alloya deploys its own core processing system, Premier Core, on March 31.
  • Alloya launches a new category of offerings, Member Solutions, to enable credit unions to offer more B2C services.
  • QCash, a CUSO focused on small-dollar lending, is acquired by Alloya.
  • Alloya partners with Neural Payments to launch P2P payment capabilities.

2024

  • Alloya launches its first mobile application, Premier View Mobile, allowing access to key functions anytime, anywhere.

2025

  • Alloya successfully transitions to the new ISO 20022 wire standard.
  • Alloya facilitates the credit union network’s first multi-issuer prime auto loan asset-backed securitization (ABS).

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