$4 billion.
That’s how much in loan participation transactions has flowed through Alloya’s Loan Participation Platform since it launched in 2021. It’s a pretty big deal for credit unions everywhere.
Think of loan participations like a financial potluck. One credit union might have more loan demand than they can handle, while another has capital sitting on the sidelines looking for opportunities. The Loan Participation Platform connects these buyers and sellers in one centralized marketplace, cutting through what used to be a paperwork nightmare.
From Manual Mess to Digital Success
“Alloya’s Loan Participation Platform transformed what was once a time-consuming manual process into a centralized online marketplace where buyers and sellers can quickly and easily harness the power of loan participations through fully automated transactions,” said Andrew Kohl, CIO and President of Alloya Solutions. “This milestone of $4 billion in loan participation transactions on the platform testifies to the value it provides to our credit unions and CUSOs.”
Translation: what used to take forever and involve countless emails, phone calls, and document exchanges now happens online with dramatically faster processing times. The platform was built specifically for the credit union industry, so it actually works the way credit unions need it to work.
More Than Just Software
Here’s what sets this platform apart from your typical tech solution: it comes with actual humans who know what they’re doing. Alloya backs the platform with a dedicated team of loan participation experts who provide guidance, personalized service, and complete transparency throughout every transaction.
“Alloya is honored to serve credit unions and CUSOs with the best Loan Participation Platform in the industry,” said Todd Adams, Alloya’s CEO. “The success of the platform speaks to the Power of Cooperation and Alloya’s commitment to delivering innovative services that simplify and streamline processes that were once complicated. We are thrilled to see how its rapid growth is serving our members across the nation.”
The Bigger Picture
Beyond the impressive transaction volume, the platform represents something fundamental to the credit union movement: cooperation. It helps credit unions share opportunities, strengthen their balance sheets, and keep value circulating within the cooperative system rather than leaking out to other financial institutions.
When credit unions work together through tools like this, they can accomplish things that would be impossible going solo. It’s not just about moving money around—it’s about creating a stronger, more connected network that benefits everyone involved.
And with $4 billion already processed and counting, it looks like credit unions are getting the message loud and clear.
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