Nutmeg Board Chair honored with CT Credit Union League Volunteer Award

Dr. Luis Ramos recognized for extraordinary commitment to the credit union movement

ROCKY HILL, CT (May 3, 2018) — Dr. Luis Ramos was honored for his outstanding dedication to the credit union movement as the winner of the prestigious Credit Union Volunteer Recognition Award. Dr. Ramos, Board Chair of Nutmeg State Financial Credit Union (NSFCU), received the award at the CT Credit Union League’s Annual Meeting & Partner Expo held on April 23-24 at Mohegan Sun Resort in Uncasville, CT.

The Credit Union Volunteer Recognition Award is given to volunteer Board or Supervisory members who have gone above and beyond their required duties to help members, credit union employees, or the credit union movement as a whole.  The award is a symbol to all volunteers that their efforts and time are greatly appreciated. Dr. Ramos was chosen by judges comprised of credit union representatives throughout the state and national industry experts.

“One of the most important qualities Luis brings as a leader to the board is his ability draw out the best from each director, ensuring their full participation in decision making and valuing their contributions,” said John Holt, President and CEO of NSFCU. “This leadership characteristic has been essential in our ability to move the credit union forward.”

Holt notes the award also acknowledges additional volunteer time given to credit union community/education initiatives. “Luis enthusiastically advocates for and strongly supports Nutmeg’s focus as a Community Development Financial Institution (CDFI) as well as our designation as a “Juntos Avanzamos” (Together We Advance) credit union.  Luis understands the importance of reaching the large Latino population in Connecticut, many of who are underserved by financial institutions.  His perspective has been important to the development of this strategy.”

Dr. Ramos of Columbia, CT began volunteering at NSFCU in 1998, first as a Supervisory Committee member.  In 2002, he assumed the Supervisory Committee Chairman and Board of Directors Associate Director roles.  During his tenure as chair of the Supervisory Committee, he helped modernize the Supervisory Committee processes, improving the oversight of the committee and developing a volunteer handbook.

He was elected to the Board of Directors in 2008 and immediately voted Board Secretary, a role he held until 2010, when he became Board Vice Chairman.  In addition, Dr. Ramos has served on the ALCO and Board Governance Committees.  He is a member of National Association of Credit Union Chairmen (NACUC).

“He dedicates countless hours each year to NSFCU,” said Holt. I can’t think of anyone more deserving of this award.”

Dr. Luis Ramos, Board Chair of Nutmeg State Financial Credit Union, was honored with the Credit Union Volunteer Recognition Award by Jill Nowacki, President and CEO of the CT Credit Union League, at the group’s Annual Meeting held on April 23-24 at Mohegan Sun Resort in Uncasville, CT.

About Nutmeg State Financial Credit Union (NSFCU)

Established in 1936, Nutmeg State Financial Credit Union is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. Embracing our roots as a steward of the financial cooperative movement, we’re a values-driven collective committed to intentional actions and investments to “be the change” in our community. We believe prosperity for all people is possible through meaningful social and economic relationships and ensuring inclusive and equitable access to resources. Our mission is to create multi-generational prosperity throughout the community we serve through education, collaboration, and the support of local commerce. Nutmeg State Financial Credit Union has assets of approximately $565 million and currently serves approximately 43,000 members. Please visit for more information. Visit them at or more information.


Greg Angelillo

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