For years, credit unions looking to buy loans have faced limited access to quality originators, inconsistent pricing, and high operational barriers, while those needing to sell have often struggled to find dependable buyers, especially in volatile rate environments. The ALM First Loan Fund was built to fix that.

The ALM First Loan Fund is a groundbreaking new model for loan buyers and sellers. Whether you’re looking to enhance yield by buying whole loans from Fintechs and other originators not available to individual credit unions or need an efficient outlet to sell your own loans and manage liquidity, the ALM First Loan Fund could be the solution.

Formation of the second loan fund is currently underway and this fund will focus on personal and unsecured consumer loans, an asset class offering attractive risk-adjusted yields and strong diversification benefits for credit unions, participation is limited.

Benefits of the first-of-its-kind structure include:

• Shared underwriting and operating expenses to improve scalability
• Transparent loan pricing for both buyers and sellers
• Enhanced liquidity options for sellers
• An efficient excess cash investment mechanism for buyers
• Access to Fintech and specialty originators not typically available to individual institutions
• A clear fee structure

The ALM First Loan Fund Investment Pilot Program, which the firm received NCUA approval for prior to its April launch, is limited to 30 complex federal credit unions and invests in consumer loans with maturities under 10 years along with overnight investments. Participating institutions are limited to a 50% net worth investment cap.

Register today for an informational webinar on June 23rd at 11am CT to learn how your credit union could participate in the 2nd Loan Fund, which is currently being formed.

Date: June 23, 2026
Time: 11am-12pm

Speakers:
Travis Goodman, CFA
Principal
ALM First

Mark Sun
Loan Fund Portfolio Manager
ALM First

Register Now