Westerra Credit Union Announces Change in Leadership

Denver, CO – January 30, 2025 - Westerra Credit Union has announced that Steve Schmidle has resigned from his role as President and Chief Executive Officer (CEO). Mr. Schmidle’s six-year tenure at Westerra has been marked by his dual contributions as both CEO and Chief Financial Officer, during which time he brought a professional approach and unwavering commitment that fostered numerous positive advancements for the organization.

Mr. Schmidle will continue to lead as President and CEO until April 30, 2025. During this time,

he will work closely with the Board of Directors to ensure a smooth and seamless transition to

new leadership. A comprehensive Succession Plan is in place to ensure a timely and successful

President/CEO transition.

The Board of Directors extends its gratitude to Mr. Schmidle for his dedication and leadership.

For more information on Westerra, visit www.westerracu.com.

About Westerra Credit Union:

Since its founding by eight schoolteachers in 1934, Westerra Credit Union has remained committed to helping individuals, families and businesses throughout thrive by “teaching one another to prosper”. With over 110,000 members among nine branches, Westerra serves the community through its various offerings, financial literacy initiatives and grants programs, as well as contributing more than $500,000 to regional education foundations and school districts annually since 2010. Also, for the second year in a row, Westerra was recognized on Newsweek’s “Best Regional Banks and Credit Unions” list. Westerra is a modern financial community where everyone belongs. For more information, visit www.westerracu.com or follow Westerra on Facebook, Instagram, LinkedIn and X (Twitter). Federally insured by NCUA.