National Cooperative Bank Announces 2013 Board of Directors

Washington, D.C. (May 10, 2013)—National Cooperative Bank (NCB), a leading financial services company serving cooperatives nationwide, held its annual meeting on May 9th at the Carnegie Institution for Science in Washington, D.C. During the meeting, NCB announced its 2013 Board of Directors with Al Plamann, who recently retired as President and CEO of Unified Grocers in Commerce, CA, and Michael Mercer, President and CEO of Georgia Credit Union Affiliates located in Duluth, GA, remaining as Chair and Vice Chair, respectively. The Board also welcomed two new members Martin Lowery, executive vice president, external affairs of National Rural Electric Cooperative Association located in Arlington, Virginia  and Mary Ann Rothmann, executive director of NYC Council for Cooperatives. Mr. Lowery and Ms. Rothmann replaced Stuart Saft, partner at Holland + Knight and Walden Swanson, CEO of Co-op Metrics, after years of service. 

“We are extremely grateful for Stuart and Walden’s contributions and leadership while on the Board and we thank them for their dedication and service,” said Charles E. Snyder, President and CEO of NCB. “With Al and Michael remaining at the helm, and Mary Ann and Martin joining the Board, we are excited to continue our efforts to find new and innovative ways to expand our reach in the cooperative community.”   

At this year’s annual meeting, NCB invited Jeffery Hollender, an activist for corporate responsibility, sustainability and social equity to serve as the key note speaker. Mr. Hollender was invited as part of NCB’s ongoing commitment to being a socially responsible financial institution and its dedication to meeting the needs of the communities it serves. In 2012 alone, the Bank deployed $232 million to initiatives serving low and moderate income communities, a number they hope to increase in the coming year.  As part of its support for last year’s United Nations declaration the International Year of the Cooperative, NCB is continuing its efforts to develop concepts that build cooperative awareness in many different fields of business.  

The Board benefits from its diverse members who come from varying industries where cooperatives play an important role. In addition to Rothmann and Lowery, NCB’s 2013 Board Members are: Ray Moncrief, Executive Vice President and Chief Operating Officer of Kentucky Highland Investment Corporation located in London, Kentucky; Peter A. Conrad, President and CEO of The Co-operative Central Bank in Boston, Massachusetts; Jane Garcia, CEO La Clinica de La Raza, located in Oakland, CA; Janis Herschkowitz, President and Chief Executive Officer of PRI, Inc. in Cornwall, Pennsylvania; Cyrus Amir-Mokri, Assistant Secretary for Financial Institutions, Department of the Treasury, Washington, DC, Kenneth Rivkin, Managing Director of Hermes Financial Management and Auction.com in New York, New York; Robynn Shrader, CEO of National Cooperative Grocers Association located in Iowa City, Iowa; Nguyen Van Hanh
Professor of Economics at California State University in Sacramento, CA; Doug Wille, CFO of Wakefern Corporation and  Judy Ziewacz, Former Executive Director, State of Wisconsin, Office of Energy Independence located in Madison, Wisconsin. 

About NCB: 

NCB is dedicated to strengthening communities nationwide through the delivery of banking and financial services, complemented by a special focus on cooperative expansion and economic development. Headquartered in Washington, DC, the Bank has offices in Alaska, California, New York, Ohio and Virginia. To learn more, visit www.ncb.coop, National Cooperative Bank on Facebook, or on Twitter @coopbanking.  

The NCB Financial Group consists of the Congressionally-chartered National Consumer Cooperative Bank (NCCB) and NCB, FSB, a federally insured savings bank wholly owned by NCCB. The NCB Financial Group provides financial products and services for the nation’s cooperatives, their members, and socially responsible organizations.