Advised Line of Credit
Alloya’s popular Liquidity Services are designed to meet the specific funding needs of each member credit union at favorable rates. By establishing a dependable Line of Credit with Alloya, you can trust that liquidity is available when your credit union needs it.
The Advised Line of Credit is a primary liquidity source intended to help member credit unions with expected or unexpected short-term funding needs. More than half of Alloya’s membership utilize the Advised Line of Credit daily. A majority of members’ line advances happen automatically to cover overdrafts in operating accounts, while others are initiated by members with an expected liquidity need.