William (Bill) Herring is the President and CEO of Cincinnati Central Credit Union and has worked several years promoting financial independence to those living in Over-the-Rhine. In 1988, he partnered with SmartMoney Community Services and community leaders to open a branch of Cincinnati Central in Over-the-Rhine. The branch now serves 3,600 members and processes 160,000 transactions a year.
The son of the late Louise McCarren Herring, Bill Herring has worked for Cincinnati Central Credit Union since 1969. As president and CEO, he has helped grow the credit union from less than $1 million in assets to nearly $57 million in assets, increased credit union membership from 1,500 to 25,000, added three branches, and increased staff from three to 40 full-time employees.
Bill has been imperative to the growth of SmartMoney and has helped create several of the programs SmartMoney provides. SmartMoney Community Services to pleased to present Bill with the 2008 Smart Leadership Award.