Herrera to Fill NCUA Board Vacancy Posted by Association of Vermont Credit Unions on 5:39 PM

Today, President Barack Obama nominated John Herrera to fill the open seat on the board of the National Credit Union Administration.

An immigrant from Costa Rica, Herrera is Senior Vice President for Latino and Hispanic Affairs at Self-Help, a community development credit union. He has held the position since 1999.  From 2003 to 2010, he served as a Commissioner for the North Carolina Credit Union Commission.  He has also served on the Board of the Latino Community Development Center in Durham, North Carolina since 2001 and co-founded the state-charted Latino Community Credit Union in 2000, which is the fastest growing community development credit union in the nation and the first fully bi-lingual financial institution in North Carolina. Herrera holds a B.S. from the University of Delaware and an M.S. from North Carolina State University.

CUNA President Jim Nussle said “On behalf of the CUNA/League system, I extend my sincere congratulations to John Herrera, who President Barack Obama has named the newest member of the National Credit Union Administration board.  Few credit union leaders have worked harder or more passionately to include marginalized and under-served communities into traditional financial services than John, who founded Latino Community CU and has headed Self-Help’s Latino and Hispanic affairs efforts for 17 years. Credit unions will benefit from having someone with direct credit union experience on the board.”