2013

CenCorp and Alloya completed a strategic merger on April 30, 2013, leading to a stronger balance sheet, a fuller set of services, and significant expense savings. The corporate’s wholly owned CUSO, Balance Sheet Solutions (now Alloya Solutions), added a credit support and research service, online investment accounting and industry-leading analytics. Premier View received significant upgrades to accommodate merger integrations. Net income reached $9.0 million, total capital topped $212 million and total assets surpassed $2.3 billion. The membership in aggregate realized an annual return of an estimated $59 million on their $162 million capital investment.