Alloya Corporate Offering Below-Market Liquidity to CUs Helping Striking Workers

ALBANY, N.Y.–Alloya Corporate FCU said it is making available below-market liquidity to any credit union offering assistance to striking members of the United Auto Workers union.

As CUToday.info has reported, a number of credit unions have stepped up with assistance to UAW workers who are currently on strike against General Motors. The strike has now lasted more than a month.

“Our purpose is to support credit union success, which encompasses the success of the natural person members at our member credit unions,” said Tim Bruculere, Alloya’s senior vice president of membership, in  statement. “Alloya is proud to help credit unions who do such great work in their communities, especially during times of hardship.”

CUToday.info has had coverage of CUs offering assistance to striking workers here and here.

 

 

 

Section: Standard
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