Charles H. Hackman Retires from NCB

Washington, DC (July 7, 2008) — NCB, a leading financial services company, announces the retirement of Chief Credit Officer Chuck Hackman from NCB. A key NCB executive for more than 24 years, Mr. Hackman helped shape the Bank’s mission and growth, making NCB a prominent name in the cooperative and banking communities.

"Over the past 24 years, Chuck Hackman has been instrumental to the success of NCB.   As Chief Credit Officer, he's served as the bank's 'credit compass' during good times and bad," stated Charles E. Snyder, NCB President and CEO.  "He has the ability to manage our risk profile at the same time understand NCB’s unique customer base.   And, as a cooperatively-owned financial institution, we could have it no other way.  I extend my gratitude and thanks to Chuck.   His legacy is quite clear as he has created a strong credit foundation which will serve NCB well in the future."

The industry expert will continue to assist NCB on a consultancy basis in areas of policy development, promoting cooperative principles to a wide of range of audiences at the federal, state and local levels.

In addition to his tenure as Chief Credit Officer, he also served on NCB’s Executive Council, a team of 11 senior managers representing business development units and functional areas of NCB Financial Group.

Mr. Hackman served as President of the Chesapeake Chapter of Risk Management Association, President of the University of Baltimore Alumni Association, and a Member of the Chancellor’s Advisory Board of the University System of Maryland. 

He received his bachelor’s degree from the University of Baltimore and is a graduate of the Stonier Graduate School of Banking at Rutgers University.           

NCB Financial Group (NCB) consists of National Consumer Cooperative Bank, a wholesale funding company; NCB, FSB, a federally-charted savings bank; and, NCB Capital Impact, a 501(c)3 nonprofit.  Loans and other financial services are provided by NCB, FSB and NCB Capital Impact.   Deposit products and services are provided by NCB, FSB, which is a member FDIC.   Each is a separate corporation within the NCB Financial Group.

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, NCB also has offices in Alaska, California, New York and Virginia. In addition, NCB has a growing community banking network in southwestern Ohio. To learn more about NCB, visit