WARRENVILLE, Ill. — Alloya Corporate FCU has tapped Todd Adams, who has served as interim CEO since September, to be its new permanent CEO, effective immediately.

The corporate selected Adams, previously SVP and president of Alloya's CUSO Balance Sheet Solutions, choosing to hire from within after having conducted a nationwide search.

"After a national search, we are delighted to have found Alloya's new CEO from within the corporate," said Alloya Chairman Amy Sink.

Saying that Alloya is "100% focused on supporting credit union success," Todd added, "I believe in the future of the credit union movement and the important role that Alloya plays to support credit union members."

Todd took the reins as interim CEO after former CEO Bill Walby stepped down from the post Sept. 15 for personal reasons. The news came just months after Alloya absorbed CenCorp CU.

Like the alloy that inspired the name of the corporate, Alloya represents the conglomeration of several former corporates, including two failures, Members United Corporate FCU and Constitution Corporate FCU, as well as Empire Corporate FCU, Central CU Fund and CenCorp.

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