Chuck Furbee

• CEO Walby Optimistic CenCorp Members Will Approve Alloya Merger

  By Heather Anderson  |  March 14, 2013

  Vote by mail will precede April 4 meeting at corporate's suburban Detroit office.

• NCUA Approves Alloya/CenCorp Merger; Member Vote Pending

  By Heather Anderson  |  March 14, 2013

  Consolidation would create nearly $3 billion corporate credit union.

• Alloya Net Twice Budgeted

  By Heather Anderson  |  February 27, 2013

  The $1.4 billion Alloya Corporate FCU’s net income of nearly $6 million as of Dec. 31, 2012 is more than twice what the Warrenville, Ill.-based institution projected. How did President/CEO Chuck Furbee and his team do it in an era of low investment rates and little loan demand?

• Alloya’s 2012 Net Income Doubled Projections

  By Heather Anderson  |  February 15, 2013

  The $1.4 billion Alloya Corporate FCU’s 2012 net income of nearly $6 million is about twice what the Warrenville, Ill.-based institution budgeted.

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  Alloya, CenCorp Intend to Go Big

  By Robert McGarvey  |  April 15, 2012

  Go big or go home. Those five words outline exactly what is happening with the proposed merger of $1.8 billion Warrenville, Ill.-based Alloya with $1.5 billion Southfield. Mich.-based CenCorp. It’s a marriage of corporate credit unions that, if approved by CenCorp members and regulators, will produce an entity with assets...

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  Alloya, CenCorp Intend to Go Big: Print Preview

  By Robert McGarvey  |  April 13, 2012

  Proposed corporate merger would produce one of the nation's largest remaining corporate credit unions. Find out more in this preview from next week's print edition.

• Alloya, CenCorp Announce Intent to Merge

  By Robert McGarvey  |  April 10, 2012

  Alloya Corporate FCU and Central Corporate Credit Union announced Tuesday that their boards have signed a non-binding letter of intent to merge.

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  Bridging the Gap to the New Corporates Model

  By Robert McGarvey  |  March 30, 2011

  For those who thought there might be wiggle room in the NCUA’s willingness to tolerate a merger of Tier 1 corporates, unambiguous words came from Scott Hunt, director of the NCUA office of corporate credit unions, at a panel discussion about the future of corporates at the New Jersey Credit...