Arlington, VA (November 4, 2015) — Today, National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, announces that Barry Silver, one of NCB’s first employees and 2014 Cooperative Hall of Fame Inductee, is retiring.
“Barry’s career-long commitment to cooperatives and National Cooperative Bank has been extraordinary”, stated Charles Snyder, CEO of National Cooperative Bank. “His passion and dedication for his customers and working so many years on co-op education and development will be missed at NCB. We wish him well on all his future endeavors. ”
Since joining NCB in 1980, Mr. Silver has been an unstoppable force within the Bank and industry in the development of cooperative programs. A walking educational resource, he is renowned for finding new and innovative ideas that benefit the cooperative community. Over the past 35 years, he has helped thousands of cooperatives obtain financing to succeed in business.
Mr. Silver is also responsible for founding the NCB Co-op 100, the annual listing promoting the financial impact the country’s cooperatives have on the economy. Now, 22 years later, The Co-op 100 still remains the only annual report of its kind to track the profits and success of cooperative businesses in the United States. The report was also the inspiration for the International Cooperative Alliance’s creation of the Global 300 report.
Mr. Silver has also taken his experience and knowledge of cooperatives to an international level. He serves as a board member of the International Cooperative Alliance, ACI Americas section, which is dedicated to the development of co-ops and credit unions in the Americas; and served on its executive committee, representing cooperatives from the United States.
Mr. Silver has also been working as a consultant for the World Bank in Chinese co-op development and with the United States Agency for International Development (USAID) in assisting co-ops in Peru and Ecuador.
Barry will continue leveraging his industry expertise working on international cooperative development through his new company Coop Equity, LLC.
