Solera National Bancorp, Inc. announced that Douglas Crichfield has retired as President and Chief Executive Officer. Ray L. Nash, who has served on the board since its inception, has been named interim President and CEO until a new person is hired. Nash, who is 61, was Chief Financial Officer at Vectra Banking from 1989 until 1998 when it was acquired by Zions Bancorporation.

Nash continued to work at Vectra until 2000. While with Vectra he participated in all aspects of the bank's strategic planning and managed several stock offerings. Prior to Vectra, he was Controller of the WestAmerica Mortgage Company.