
Alliant More Than Doubles Loan Trading Volume Year Over Year
Alliant Credit Union’s loan trading desk sold $268 million in commercial and consumer loan participations in 2021 in 25 transactions, up from $127 million in 2020. On the purchase side, Alliant bought $715 million in residential and consumer loan participations across 14 transactions with credit unions, fintechs and specialized lenders, up from $93 million in 2020.
“Partnering with other credit unions and fintech lenders has enabled us to improve returns for our members and opened the door to innovating with new loan product types,” said Charles Krawitz, chief capital markets officer and head of commercial lending at Alliant. “As we deepen our national network of relationships, we uncover additional loan trading opportunities to continue our success.”
Chicago-based Alliant has established a broad footprint for its loan trading desk, with trading partners encompassing fintech lenders in the digital realm, as well as credit unions throughout the U.S.
- ◦Financing