WESTMINSTER, Colo., and WARRENVILLE, Ill. (1/16/15)--System United Corporate FCU (SunCorp), Westminster, Colo., and Alloya Corporate FCU (Alloya), Warrenville, Ill., announced that the National Credit Union Administration has approved the application for SunCorp to merge into Alloya.
The members of SunCorp will now be asked to vote on the plan next month. If approved, the merger is expected to be completed by the end of February. SunCorp will host town hall meetings and webinars for members in advance of the vote.
As previously announced, the combined corporate's name will be Alloya Corporate. It will serve members coast to coast from five offices (including Westminster), with member contact staff in all four U.S. continental time zones. Alloya will retain approximately half of SunCorp's employees.