ABOUT
Rochdale Capital Leadership
Rochdale Capital benefits from a diverse group of leaders who come from a variety of industries in which cooperatives and community development play a vital role.
John Holdsclaw
President & CEOJohn Holdsclaw IV currently serves as president and CEO of Rochdale Capital, a newly formed, national non-profit community development loan fund that will provide financing and technical assistance to cooperative enterprises and other community-based organizations. Rochdale Capital will focus on making financial services accessible to under-resourced communities, specifically to women and/or minority-owned small and growing businesses. Mr. Holdsclaw currently serves on the board of directors of Global Communities, Groundswell, Partners for Common Good, and American Bankers Association (ABA) Stonier Graduate School of Banking. In addition, John is the immediate past president of the Community Development Financial Institution Coalition (CDFI Coalition), and immediate past chair of ABA’s Diversity, Equity, and Inclusion Advisory Group.
Kladé Hare Nersasian
Chief Loan OfficerMs. Hare serves as Rochdale Capital's Chief Loan Officer and is responsible for sourcing loan transactions that align with the mission of the organization, to support co-op and community development in under-resourced areas nationwide. Ms. Hare has over 13 years of experience working with community development and non-profit organizations. Prior to joining Rochdale Capital, Ms. Hare was the Director of Lending at the National Housing Trust where she oversaw new business development, loan underwriting, and product development.
Chantal Hart
Manager, Operations & Compliance Board LiaisonChantal Hart brings 26 years of community development experience, reporting to senior management, boards, investors, and funders. She is responsible for compliance, monitoring and reporting Rochdale activities, and providing overall administrative and operational support for loan administration, operations, and credit management. Prior to Rochdale, she worked for several CDFIs and the CDFI Fund.
Vichet (Chet) Inhar
Loan OfficerVichet (Chet) Inhar is a loan officer at Rochdale Capital, leveraging over four years of experience in commercial banking and lending. With a background in credit analysis, lending policies, and operations management, Chet brings valuable expertise to the team. He is proficient in navigating government-guaranteed loan programs and is recognized for his proactive leadership style. Chet holds an M.B.A. from Liberty University and a B.A. from West Liberty University. Previously, as a Commercial Relationship Manager at First United Bank and Trust, Chet demonstrated excellence in acquiring new clients and managing complex credit relationships.
Board of Directors
Andrea Levere
Board Chair; President Emerita of Prosperity NowAndrea Levere is President Emerita of Prosperity Now (formerly CFED). In 2013 President Obama appointed Ms. Levere to National Cooperative Bank’s Board of Directors to represent the interests of low-income consumers. Ms. Levere currently serves as the chair of NCB’s Co-op and Community Development Board Committee. She has been the Chair of ROC USA (Resident Owned Communities USA), a national social venture that converts manufactured home parks into resident-owned cooperatives since its founding in 2008.
Paul Hazen
Executive Director, Overseas Cooperative Development Council (OCDC)Paul Hazen became executive director of the OCDC in February 2012. Previously, he served as the Executive Director of the National Cooperative Business Association. Under Hazen’s leadership, NCBA’s cooperative development portfolio grew from $8 million to over $30 million annually. During his 25-year tenure at NCBA, he held key positions, including chief operating officer, vice president of public policy, vice president of member services, and director of consumer cooperatives.
Shannan Herbert
Chief Executive Officer, Washington Area Community Investment FundMs. Herbert is CEO of Wacif, a nonprofit CDFI that works within communities to foster inclusive entrepreneurship, equitable economic development, and community wealth building. Prior to joining Wacif, Shannan was the Executive Vice President of Inclusive Credit for Stratyfy, a women-led fintech company on a mission to drive greater financial inclusion by introducing technology that eliminates bias in critical financial decisions. While at Stratyfy, she led strategy and program creation for CDFIs and large to mid-size community banks, by illuminating the use of emerging technologies to better serve individuals typically excluded from the financial system. Partnering with Beneficial State Foundation, Shannan was instrumental in the launch of the Underwriting for Racial Justice (URJ) lender pilot program.
Before joining Stratyfy, Ms. Herbert was the Executive Vice President and Chief Credit Officer for City First Bank, a $1 billion CDFI headquartered in Washington, DC.
With more than 20+ years of experience, Ms. Herbert has served in key leadership roles for most of her career, leveraging her expertise to direct enterprises in the strategic development and delivery of value-driven, user-friendly solutions in the commercial credit and financial services arena.
Stacy Patrick
Senior Vice President, National Cooperative BankMs. Patrick has extensive industry experience in capital markets and commercial real estate. Ms. Patrick joined National Cooperative Bank in 2006 and has held positions on the Capital Markets Team and the Commercial Real Estate Lending Team. During her tenure at the bank, she has been involved in the pricing, trading, and other capital markets functions, for both market-rate and limited equity cooperative housing loans. She is currently responsible for the execution of loan sales as they relate to cooperative housing loans inclusive of limited equity cooperatives.
She is a member of NCB’s Management Advisory Council (MAC).
Valeria Roach
EVP and CFO of National Cooperative Business AssociationMs. Roach has over 30 years of experience in the profit, not-for-profit and NGO industries in domestic and global operations. She has extensive international cooperative development experience in Africa, Asia, Central America, Eurasia, and the Middle East. Her expertise includes financial management, strategic development, government contract acquisition, government contract accounting, program management, compliance, and capacity building.
Dion Smith
Chief Credit Officer, National Cooperative BankAs Chief Credit Officer, Mr. Smith is responsible for setting loan policy, managing the credit and loan closing processes, provide credit guidance throughout the organization and assure documentation follows loan committee approvals and regulatory audits. He was previously the Senior Credit Officer for NCB overseeing the commercial real estate, cooperative housing, and community association loans. Mr. Smith has over 40 years of banking experience, and prior to joining NCB in 2016, was Vice President, Senior Relationship Manager at M&T Bank. He has also served as board chair of the FSC First, a Prince George’s County, MD-based CDFI.
Chelsea Amelia Cruz
Senior Advisor, Community Relations, CitigroupA dedicated social and economic inclusion advocate, with a focus on policy, access to capital, and financial innovation, Chelsea is currently a Senior Advisor on the U.S. Community Relations team at Citibank, where she leads strategic initiatives, impact reporting, and regulatory compliance.
Prior to joining Citi, she served as a Senior Policy & Outreach Lead with the Federal Reserve Board where she focused on leading various analysis, policy development, engagement, and communications on modernization efforts for the Community Reinvestment Act. She was previously a Senior Community Affairs Specialist with the Strategic Partnership and Program Development team within the Division of Depositor and Consumer Protection at the Federal Deposit Insurance Corporation (FDIC). Chelsea is a multicultural Latina, Bronx native, and a first-gen college grad with a Bachelor of Arts in Political Science with a concentration in international affairs from Hofstra University.