NAPERVILLE, Ill.—Alloya Corporate Credit Union has made a $250,000 donation to America’s Credit Unions National Advocacy Fund.

“Alloya is inspired everyday by the great work of its credit union members. Credit unions’ business model is based on ‘people helping people’ and has worked since 1934 to help Americans of all economic statuses to realize higher deposit rates, lower loan rates and lower fees,” Alloya CEO Todd Adams said in a statement. “Credit unions are built around serving a community of people and have fulfilled this purpose at a very high level for a long period of time. People helping people should not require additional regulation or taxation. Alloya is proud to make this investment and help credit unions tell their amazing story.”

Added David Suvall, president and CEO of Rhode Island Credit Union and Alloya’s board chair, in a statement, “Alloya’s mission is to support credit union success. The support for the National Advocacy Fund demonstrates Alloya’s commitment to ensure credit unions can continue to provide high value services to their communities and their membership base.”

Alloya Corporate serves approximately 1,300 credit unions.