The 1,100 member Alloya Corporate Federal Credit Union inWarrenville, Ill., announced that Matt Davidson will be joining asa new supervisory committee member at the credit union.

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Davidson is currently the executive vice president for the165,000 member, $1.3 billion Kern Schools Federal Credit Union inBakersfield, Calif. He has nearly 23 years of credit unionexperience and has previously worked as an executive vice presidentfor both the California and Nevada credit union leagues.

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“Given his financial expertise at a large-scale financialinstitution, Matt Davidson is a perfect fit for the supervisorycommittee,” said Alloya President/CEO Charles Furbee. “Matt isjoining a great team with committee members representing the Eastand Midwest. Matt's perspective as an executive from Kern Schools,a California-based credit union, provides diverse insight andbalanced geographical representation for all of Alloya's 1,100 plusmembers.”

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Davidson was part of an unsuccessful recapitalization effortlast year on behalf of WesternBridge 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 toCatalyst Corporate FCU.

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He will join Michael Daugherty, president/CEO of Community PlusFederal Credit Union, and Charles H. Rogers, COO for ProgressiveCredit Union, on the committee, the credit union said.

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