Credit/Shutterstock
The $6.1 billion, Naperville, Ill.-based Alloya Corporate Federal Credit Union announced Wednesday that its founding CEO, Charles "Chuck" Furbee, III, passed away on July 29 at home in Naperville. He was 81.
Charles "Chuck" Furbee, III (Credit/Friedrich-Jones Funeral Home) Furbee, who led the corporate from 2010 to 2013, was also a U.S. Marine Corps Vietnam War veteran and former SVP at the Federal Reserve Bank of Chicago. According to his obituary posted to Friedrich-Jones Funeral Home's website, he spent the earlier part of his civilian career at the Chicago Title & Trust Company in Chicago and mortgage banking firm the Kissell Company in Springfield, Ohio. He is survived by his wife, Diane Noble Furbee; three children, Nicole, Charles Wesley "Chad" Furbee IV, and Carly; and eight grandchildren, according to the obituary.
Recommended For You
"Chuck was a great man and a mentor to many of us. He was a strong leader who listened first, processed information and then took decisive action," Todd Adams, current CEO for Alloya Corporate, stated. "He will be greatly missed."
A memorial visitation and celebration of life will take place on Friday, Aug. 11, 2023 at Friedrich-Jones Funeral Home in Naperville. In lieu of flowers, Furbee's family asked that donations be made to the Wounded Warrior Project or Naperville Responds for Our Veterans.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
