As Senior Vice President of Payments, Kurt Stevenson oversees the corporate’s payment strategy and operations, compliance and member product support. Seperately, Stevenson also serves as the President of Alloya Solutions, LLC (Alloya Corporate FCU’s wholly owned CUSO). In this role, he oversees activities for the broker/dealer services and financial products offered through the CUSO. He has over 30 years of experience in executive leadership; and balance sheet and earnings optimization in the financial services industry.
Previously, Stevenson served as President and Chief Executive Officer for Centrue Financial Corporation, a publicly traded bank holding company, and its wholly owned subsidiary Centrue Bank (Ottawa, IL). Throughout his three-decades with Centrue, Stevenson rose up through the ranks by progressing through various operational and financial roles before being named President and CEO in 2011. During his tenure as CEO, he implemented and executed the overall direction, administration and financial performance of the company. He led the team that created significant market valuation appreciation through improvements in the balance sheet by strengthening and simplifying the capital structure, reducing nonperforming assets, organic growth and improving core earnings.
Stevenson holds his Bachelor of Arts in Business Administration from Lewis University in Romeoville, Illinois; and his Master of Business Administration from Keller Graduate School of Management.