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Zia Credit Union finds next CEO

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Zia Credit Union in Los Alamos, N.M., has named Dwayne Herrera as its new CEO.

Herrera succeeds David Woodruff, who became the CEO of Laurel, Md.-based APL Federal Credit Union in March.

“I am excited about the opportunity to work with a high-performing team that is so well established in Los Alamos and Española,” Herrera said in a statement. “What Zia Credit Union has to offer is unbeatable, in my opinion. A small credit union doing big things – that’s what attracted me here.”

With over 35 years of financial services experience, Herrera will continue to focus on Zia’s growth. With roughly 11,500 members, Zia’s loans grew by 5.6% in June from a year earlier, and its assets reached $145 million, the credit union said on Monday.

Herrera previously served as an executive vice president at State Employees Credit Union, which he first joined in 2003. Before that he Herrera held various roles across investment services, branch administration and corporate development at Del Norte Credit Union.

During the credit union’s CEO search, Paul Johnson served as interim CEO. Johnson will continue with the credit union in his role as chief financial officer.

“We’re delighted to bring Dwayne aboard the Zia Credit Union team,” Lawrence Gutierrez, the credit union’s chairman, said in a statement. “His values embody our values, and his diverse experience will help us accelerate our growth in helping northern New Mexico families.”

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