The $1.4 billion Alloya Corporate FCU's 2012 net income ofnearly $6 million is about twice what the Warrenville, Ill.-basedinstitution budgeted.
How did President/CEO Chuck Furbee and his team do it,particularly in an era of low investment rates and little loandemand?
“We adjusted things on the fly,” Furbee told Credit UnionTimes on Friday. “Some parts of the operation weren't veryefficient, and weren't contributing to income so we changedthat.”
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