Numerica Credit Union employees and board members surprised their outgoing president/CEO last Thursday by naming their headquarters building after him.
Dennis Cutter plans to retire in July after 40 years as CEO of the credit union, which, after a recent merger, has more than $1 billion in assets.
At Cutter’s retirement party, more than 150 well-wishers revealed the sign to the unsuspecting CEO. According to a press release, preserving the surprise required months of planning and such subterfuges as “secret emails, parking lot diversions and perfectly-timed tee times.”
“It’s fitting that this building, with its sturdy foundation, be named after the person who was the foundation of Numerica’s success over the last 40 years,” said Dave Shriver of the credit union’s board of directors.
The Dennis A. Cutter Administrative Building, as it is now known, is located in Spokane Valley, Wash., and has housed the 85,000-member credit union’s offices and member service center since 2008.