Dennis Sommer has announced that March 1 will be his last day as president/CEO of the $197 million Alliance Credit Union in the St. Louis suburb of Fenton, Mo.

Sommer has been in the credit union industry for 40 years, the past 28 at the helm of Alliance CU, which was the $18 million Emerson Community CU when he took over in 1985.

"I truly appreciate the leadership opportunity that I was given. I've tried to make the credit union the best that it could be," Sommer said. Originally serving primarily employees of Emerson Electric, Alliance CU now has more than 17,000 employees and six locations serving four counties each in Missouri and Illinois.

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