Alliant Credit Union promotes Charles Krawitz to Senior Vice President, Chief Capital Markets Officer & Head of Commercial Lending
CHICAGO, IL (March 11, 2022) — Alliant Credit Union announced the promotion of Charles Krawitz to senior vice president, chief capital markets officer and head of commercial lending. Krawitz, who has been elevated to Alliant’s executive leadership team, is a highly regarded innovator, creating long-term value for Alliant’s members through his commercial real estate, loan trading and fintech initiatives.
Under Krawitz’s leadership since 2017, Alliant’s commercial mortgage portfolio, now in excess of $1.2 billion, has grown significantly with a strategic focus on high quality properties owned by experienced operators in strong markets nationwide. In addition to overseeing the expansion of Alliant’s commercial lending business, Krawitz has pursued partnerships with fintech lenders across a variety of asset classes, most notably in the solar and HELOC spaces. Krawitz has also expanded Alliant’s loan trading capabilities by strengthening relationships with both credit unions and intermediaries.
“As a leading digital credit union, innovation is essential to our success,” said Alliant CEO Dennis Devine. “By forging new partnerships and new approaches as part of our capital markets strategies, Charles is playing a key role in furthering our ‘challenger bank’ objectives.”
Krawitz has more than 30 years’ experience in financial services with highly regarded financial institutions including ABN AMRO, KeyBank and Fifth Third Bank. In addition to other honors, he was named to the Midwest Commercial Real Estate Hall of Fame in 2020 and selected as a Manager of the Year finalist by Gallup in 2021.
“I am honored to join the executive ranks of Alliant and work closely with a team of truly accomplished professionals as we seek innovative ways to benefit our members,” said Krawitz. “I take pride in Alliant’s position as a digital native credit union and I am committed to constantly looking for new ways to think differently and create value.”
Krawitz earned a bachelor’s degree in finance from the University of Illinois, a master’s in regional and urban Planning from The London School of Economics and was awarded an executive scholar designation in general management from Northwestern University’s Kellogg School of Management.
ACU Charles Krawitz
About Alliant Credit Union (IL)
Alliant Credit Union is a not-for-profit financial cooperative with more than 850,000 members and nearly $19 billion in assets. Alliant was named one of CNBC's Top Credit Unions for 2023 and one of Money.com's Best Banks for America. Headquartered in Chicago and founded in 1935, Alliant is the largest credit union in Illinois and one of the largest credit unions in the United States. As an all-digital credit union, Alliant's mission is to provide members with a tech-forward banking experience coupled with consistent, superior financial value while simplifying and enabling how people save, borrow and pay.
