Credit unions have had to get creative over the past couple of years, and some of that attention has turned to loan participations. However, the vehicle to help manage a credit union’s balance sheet has the reputation for being a daunting undertaking. That doesn’t have to be the case, says Tim Bruculere, Senior Vice President of Membership for Alloya Corporate Federal Credit Union.
In this video from CUNA GAC 2022, Bruculere discusses how Alloya’s program makes the process simpler, unlocking loan participations to a larger pool of interested parties.
You’ll also learn:
- How Alloya’s program differs from other loan participation brokers;
- Why Alloya is more than just a broker; and
- What type of timeframe a credit union can expect to closing.
To learn more, click on the video.