As we approach the 250^th anniversary of our nation, we celebrate a part of that history that is near and dear to our hearts: the lives changed and communities transformed by the credit union movement in the United States. The nation’s first credit union was established in 1909, kicking off the rich history of the institutions that now serve and empower millions nationwide through the Power of Cooperation. Today, there are over 4,200 credit unions and financial cooperatives in the nation[1], and Alloya is proud to partner with over 1,300 of them to simplify their operational lives and multiply their impact in their communities.

Alloya may only be celebrating its 15^th anniversary this year, but its roots go back much further. Alloya traces its origins back to Central CU Fund, America’s very first corporate credit union, which was formed in 1932. After a series of mergers, Alloya was established in 2011 and is now the leading corporate credit union in the nation, offering the best products and services in the industry, including liquidity, investments, digital payments and member solutions, to give each credit union a strategic advantage in the marketplace.

Over the past 15 years, Alloya’s cooperative model has translated shared values into meaningful action, proving that it’s more than just a corporate. Through the Power of Cooperation with member credit unions, Alloya has:

• Expanded payments solutions to meet evolving needs by investing in modern, secure payments capabilities, including services for ACH, wire transfers and real-time payments, reflecting the cooperative value of shared infrastructure and shared success.
• Facilitated the credit union system’s first multi‑issuer prime auto loan asset-backed securitization, opening the door to global fixed‑income investors and creating a new, cooperative liquidity pathway built by and for credit unions.
• Built a Loan Participation Platform that has exceeded $3.5 billion in transactions, helping credit unions manage liquidity, diversify portfolios and keep loans within the cooperative system.
• Provided reliable liquidity and balance-sheet support through changing economic conditions, offering access to funding resources designed to promote stability and preparedness.
• Grown investment and capital solutions with a long-term lens, supporting credit unions in strengthening their financial foundations through prudent, forward-looking strategies.