Numerica Names HQ After Retiring CEO Cutter

Numerica Credit Union President & CEO Dennis Cutter was caught by surprise last Thursday evening when employees and board members revealed a new sign on the headquarters building, which read “Dennis A. Cutter Administration Building.”

The sign’s unveiling took place at Cutter’s retirement party, celebrating his 40 years as CEO with his last day scheduled for July. The event was attended by over 150 current employees, retired employees and members of the board of directors and supervisory committee.

Board of Directors President Dave Shriver presented the unveiling by saying, “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.”

“I never would have imagined this. I had no idea. I’m speechless,” Cutter exclaimed. The surprise was pulled off after months of careful planning that included secret emails, parking lot diversions, and perfectly-timed tee times.

Once he recovered from the shock, Cutter was able to thank his employees: “You are the reason that Numerica is successful. Your hard work and dedication to our members every day have made me proud.” 

Numerica Headquarters
Located on East Sprague in Spokane Valley, Wash., the Numerica headquarters building was purchased and remodeled for Numerica’s administrative offices and the member service center in 2008. It was a huge objective of Cutter’s to streamline support departments, which were previously housed in multiple locations throughout Spokane, in a secure facility. This accomplishment was instrumental during the economic collapse of 2009, when Numerica was able to cut operating costs by as much as $100,000 per month.

Numerica Credit Union currently has more than 85,000 members throughout Central and Eastern Washington and Northern Idaho and over $1 billion in assets.

Photo: Dennis Cutter, Numerica Credit Union President & CEO, stands in front of the recently installed sign that names the Numerica headquarters building after him.

 

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Posted in Industry Insight.