2014

After a series of corporate mergers, Alloya realized the importance of placing People and Culture within its three Strategic Goals. To strengthen organizational culture and streamline operating expenses, Alloya began relocating and downsizing its regional offices, which was made possible in part through improved technologies and efficiencies. Operations in Albany, NY were moved to a smaller and modernized office space in 2014. Over the next three years, operations in each of Alloya’s regional offices were relocated. With the relocation of each office, Alloya also opened its doors to members, inviting credit unions to use the corporate’s offices for Board meetings, strategic planning sessions and more. Also in 2014, member credit unions realized an estimated 100% return of value on their invested capital – just three years after Alloya’s launch. At several points during 2014, Alloya provided more liquidity to credit unions through loans and brokered CDs than all its corporate peers combined.