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The $1.3 billion Kern Schools Federal Credit Union said it has selected the Warrenville, Ill.-based Alloya Corporate FCU to provide corporate services.

“We are delighted to have become a capitalized member of Alloya,” said Steve Renock, president/CEO of the Bakersfield, Calif.-based Kern Schools. “Alloya’s flexible capital requirement is based on our usage of their balance sheet and not on our own asset size. This flexibility was an important consideration.”

 

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