Joseph P. Herbst
Profile
Joseph P.
Herbst is Chief Executive Officer of the Members United Corporate Federal Credit Union and Chairman of the Association of Corporate Credit Unions, the National Association of Federal Credit Unions, MemberTrade Financial Group LLC, and MemberTrade Advisory Services LLC.
He is a Director of the US Central Credit Union and CU Business Group LLC.
Mr. Herbst joined the Empire Corporate Federal Credit Union in 1986 and served as President and Chief Executive Officer.
He was a Member of the Federal Reserve Bank's Thrift Institute Advisory Panel.
Mr. Herbst received a Bachelor's degree in Finance from Siena College.
Former positions of Joseph P. Herbst
| Companies | Position | End |
|---|---|---|
Members United Corporate Federal Credit Union (Illinois)
 Members United Corporate Federal Credit Union (Illinois) Savings BanksFinance Members United Corporate Federal Credit Union provides investment, lending, securities and correspondent services to credit unions in US. It provides payment systems, such as automated clearing house services, ATM maintenance & check collection, and liquidity services. The firm has offices in Eagan, Minnesota and Indianapolis, Indiana. The company was founded in 1979 and is headquartered in Warrenville, IL. | President | 2012-04-12 |
| Federal Reserve Bank of Chicago | Corporate Officer/Principal | - |
National Association of Federally-Insured Credit Unions, Inc.
 National Association of Federally-Insured Credit Unions, Inc. Savings BanksFinance National Association of Federally-Insured Credit Unions is a non-profit organization that provides assistance, education, and advocacy to the credit union members. The company was founded in 1967 and is headquartered in Arlington, VA. | Chairman | - |
Empire Corporate Federal Credit Union
 Empire Corporate Federal Credit Union Savings BanksFinance Empire Corporate Federal Credit Union was a financial institution that provides wholesale investment, credit, payment and correspondent services to over 1,000 credit unions. Its offerings included loans, deposit products, payment systems and e-commerce services. The company acted as an advocate for credit unions, pushing for improvements in areas such as technological capabilities and industry communication. The union was headquartered at Albany, NY with branch offices in Jamesburg, Sioux Falls and Warwick. | President | - |
US Central Credit Union
 US Central Credit Union Savings BanksFinance U.S. Central Credit Union operated as a wholesale financial center for the corporate credit unions. It provided liquidity, lending and payment services to the natural person credit unions in the Kansas City area. The firm also offered investment and cash-management products, settlement, funds transfer, safekeeping and custody services. The company was founded in 1974 and was headquartered in Lenexa, KS. | Director/Board Member | - |
Training of Joseph P. Herbst
| Siena College | Undergraduate Degree |
Experiences
Positions held
Linked companies
| Private companies | 5 |
|---|---|
US Central Credit Union
US Central Credit Union Savings BanksFinance U.S. Central Credit Union operated as a wholesale financial center for the corporate credit unions. It provided liquidity, lending and payment services to the natural person credit unions in the Kansas City area. The firm also offered investment and cash-management products, settlement, funds transfer, safekeeping and custody services. The company was founded in 1974 and was headquartered in Lenexa, KS. | Finance |
Empire Corporate Federal Credit Union
Empire Corporate Federal Credit Union Savings BanksFinance Empire Corporate Federal Credit Union was a financial institution that provides wholesale investment, credit, payment and correspondent services to over 1,000 credit unions. Its offerings included loans, deposit products, payment systems and e-commerce services. The company acted as an advocate for credit unions, pushing for improvements in areas such as technological capabilities and industry communication. The union was headquartered at Albany, NY with branch offices in Jamesburg, Sioux Falls and Warwick. | Finance |
Members United Corporate Federal Credit Union (Illinois)
Members United Corporate Federal Credit Union (Illinois) Savings BanksFinance Members United Corporate Federal Credit Union provides investment, lending, securities and correspondent services to credit unions in US. It provides payment systems, such as automated clearing house services, ATM maintenance & check collection, and liquidity services. The firm has offices in Eagan, Minnesota and Indianapolis, Indiana. The company was founded in 1979 and is headquartered in Warrenville, IL. | Finance |
National Association of Federally-Insured Credit Unions, Inc.
National Association of Federally-Insured Credit Unions, Inc. Savings BanksFinance National Association of Federally-Insured Credit Unions is a non-profit organization that provides assistance, education, and advocacy to the credit union members. The company was founded in 1967 and is headquartered in Arlington, VA. | Finance |
| Federal Reserve Bank of Chicago | Government |
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