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Capitola, CA – February 2, 2022 – Bay Federal Credit Union has announced the promotion of Allyson Stengl to Vice President, Consumer and Business Lending.
Mrs. Stengl has worked for the Credit Union for over ten years, starting as a loan underwriter, team lead, Consumer Lending Manager, and most recently AVP of Consumer Lending. She played integral roles in projects that resulted in improvements in loan origination and underwriting efficiencies during her time at Bay Federal. In her new role, Stengl will utilize her expertise to strengthen the credit union's business lending initiatives and continue to guide all consumer lending functions.
“I am so grateful for the opportunity to work with our Consumer and Business lending teams and look forward to expanding and enhancing our systems and products,” Mrs. Stengl said. “Providing our membership with lending options that will make a real difference in their financial lives is our highest priority.”
“Allyson is a true asset to the Credit Union,” said Carrie Birkhofer, President and CEO of Bay Federal Credit Union. “Her deep knowledge and expertise in lending initiatives will help us continue to offer the best lending products possible to our consumer and business members.”
Mrs. Stengl is a graduate of Leadership Santa Cruz County and the inaugural class of BayFed University, the Credit Union’s management training program. She is also in her third and final year of Western CUNA Management School. Mrs. Stengl is a 2020 Service Excellence Award winner, Bay Federal’s most prestigious award for employees, voted by her peers at the Credit Union. She is a resident of Aptos, where she lives with her husband and two children.
About Bay Federal Credit Union
Bay Federal Credit Union is a full-service, not-for-profit financial institution that serves over 80,000 members and 2,400 local businesses throughout Santa Cruz, San Benito, and Monterey counties. With more than $1.5 billion in assets, Bay Federal is the largest member-owned financial institution in Santa Cruz County, serving its members and the community since 1957. Bay Federal is a certified Community Development Financial Institution, with a primary mission of promoting community development alongside their financial activities. Bay Federal has an award-winning employee volunteer program in which employees have given their own money and volunteer for numerous local schools, nonprofit organizations, and community events each year.
Contact: Amy Ivey, VP Marketing and Development
Bay Federal Credit Union
831.477.8409
aivey@bayfed.com
Allyson Stengl
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