The $1.3 billion Westerra Credit Union in Denver named John McCloy to succeed C. Alan Peppers as president/CEO.

Peppers becomes emeritus president/CEO effective July 1, 2014, and plans to retire on July 1, 2015, the 87,500-member credit union said this week in an announcement.

Peppers began his credit union career in 1976 with Municipal Credit Union of Denver and became Westerra's CEO in 1992. He has held leadership positions with CUNA Mutual, CUNA, the World Council of Credit Unions, the National Credit Union Foundation and Mountain West Credit Union Association. 

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