Credit Union Exam Solutions Presents With Flying Colors Loan Participations Are Big Business with Bill Paton of Alloya Corporate Credit Union
May 13, 2025
Bill Paton, a key player at Alloya Corporate Credit Union, shares insights about their groundbreaking loan participation program, which has facilitated over $3 billion in transactions. He discusses how this initiative has transformed the credit union landscape, fostering collaboration and liquidity among nearly 600 credit unions. Bill delves into the importance of compliance under NCUA regulations and the tech-driven approaches that streamline financial processes. Listeners will be intrigued by the diversity of loans available and the innovative strategies enhancing credit union growth.
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Origin Story of Loan Participations
- Alloya started loan participations by brokering deals after a regulatory authority was removed.
- That sparked growth leading to an end-to-end solution developed within the credit union industry.
Purpose of Corporate Credit Unions
- Corporate credit unions were created to provide liquidity and Fed access for credit unions.
- Loan participations serve as liquidity tools without drawing on lines of credit.
Leverage Alloya’s Participation Portal
- Use the Alloya portal to navigate NCUA-required due diligence when buying or selling loan participations.
- The platform automates payments and monthly reporting to reduce operational burdens.