The 1,100 member Alloya Corporate Federal Credit Union in Warrenville, Ill., announced that Matt Davidson will be joining as a new supervisory committee member at the credit union.
Davidson is currently the executive vice president for the 165,000 member, $1.3 billion Kern Schools Federal Credit Union in Bakersfield, Calif. He has nearly 23 years of credit union experience and has previously worked as an executive vice president for both the California and Nevada credit union leagues.
“Given his financial expertise at a large-scale financial institution, Matt Davidson is a perfect fit for the supervisory committee,” said Alloya President/CEO Charles Furbee. “Matt is joining a great team with committee members representing the East and Midwest. Matt’s perspective as an executive from Kern Schools, a California-based credit union, provides diverse insight and balanced geographical representation for all of Alloya’s 1,100 plus members.”
Davidson was part of an unsuccessful recapitalization effort last year on behalf of Western Bridge Corporate Federal Credit Union in San Dimas, Calif., after failing to raise requisite funds. The corporate was liquidated in July and the remaining capital was moved to Catalyst Corporate FCU.
He will join Michael Daugherty, president/CEO of Community Plus Federal Credit Union, and Charles H. Rogers, COO for Progressive Credit Union, on the committee, the credit union said.