The $1.1 billion Numerica Credit Union in Spokane Valley, Wash., has named a successor to Dennis Cutter, who is retiring Aug. 31 after 40 years as the institution's president and CEO.

Carla Altepeter has been president/CEO of the $348 million CitizensFirst CU in Oshkosh, Wis., since 1992.

"Her most notable quality is her strong belief in the philosophy of 'people helping people,'" Cutter said. "These qualities run parallel to those of Numerica, making her a perfect fit."

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