President Barack Obama announced Wednesday the nomination of John Herrera to the open seat on the NCUA board. CUNA President/CEO Jim Nussle congratulated Herrera on the nomination.
“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,” Nussle said. “Few credit union leaders have worked harder or more passionately to include marginalized and underserved 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.”
Herrera is the senior vice president for Latino and Hispanic affairs at Self-Help CU of Durham, N.C., and the co-founder and board chair of Latino Community CU.
The NCUA has had two board members, Chair Rick Metsger and J. Mark McWatters, since the departure of former chair Debbie Matz in April. McWatters has been nominated to serve on the board of the Export-Import Bank, but has not yet appeared before the Senate for a nomination hearing.