Alloya and CenCorp Complete Merger

WARRENVILLE, IL (May 1, 2013) – Effective with the close of business on April 30, 2013, the merger between the $1.4 billion Alloya Corporate and $1.4 billion CenCorp is complete. CenCorp members voted overwhelmingly in favor of the merger on April 4. Under the terms of the merger agreement, the size of the Board was expanded to eleven members.

Board members are:

Amy Sink (Chair), SVP and Chief Financial Officer, Teachers Credit Union, Indiana
John Fiore (Vice Chair), President and Chief Executive Officer, Motorola Employees CU, Illinois
Leanne McGuinness (Treasurer), SVP and Chief Financial Officer, The Summit FCU, New York
Curt Cecala, (Secretary), Chief Executive Officer, TCT FCU, New York
Cheryl DeBoer, President and Chief Executive Officer, First Community FCU, Michigan
Robin Frucci, Chief Executive Officer, LAFCU, Michigan
Peter Gates, Chief Executive Officer, Michigan Schools and Government CU, Michigan
Floyd Rummel, President, Dakota Territory FCU, South Dakota
Daniel Stoltz, President and Chief Executive Officer, SPIRE FCU, Minnesota
David Suvall, President and Chief Executive Officer, Rhode Island CU, Rhode Island
Patrick White, General Manager, Flint Area School Employees CU, Michigan

Supervisory Committee members are:

Charles Rogers (Chair), Chief Operating Officer, Progressive CU, New York
Michael Daugherty, President and Manager, Community Plus FCU, Illinois
Bernard Williams, Chief Executive Officer, Wanigas CU, Michigan

Alloya conducts business in ten core states, providing investment, financial, lending and correspondent services to more than 1,400 member-owner credit unions. Headquartered in Warrenville, Illinois, Alloya also conducts major operations from offices in Southfield, Michigan and Albany, New York. To learn more, visit

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