Altra FCU Names New President/CEO

ONALASKA, Wis.– Altra Federal Credit Union has named a new president/CEO. The $1.5-billion Altra has selected Steve Koenen to lead the organization.

Steve Koenen

Koenen had previously served as EVP-retail operations and has been with the credit union for 22 years. He will succeed Jack Peplinski, who is retiring in April.

“Steve has been a key factor in Altra’s success through his various roles in retail operations, lending, membership growth, innovation, and strategic planning,” said Altra FCU Chair Terri Brennan. “He understands Altra’s culture, members, and staff thereby making him ideally qualified to successfully lead Altra into the future.”

Koenen has more than 30 years’ experience in financial services, including responsibilities overseeing branch operations, sales, sales management, innovation, member experience, and product design and delivery.

He also currently serves as president of the Cashton Alumni Association, vice chair/Board Development Committee chair of Coulee Region Junior Achievement, is a member of the Wisconsin Credit Union Shared Service Centers board, and vice chair of the board for 7 Insurance of Tennessee.

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