Solera National Bancorp, Inc. announced that John P. Carmichael has been named President and Chief Executive Officer of both Solera National Bancorp, Inc. and its wholly-owned subsidiary, Solera National Bank. He will become a member of the Board of Directors of both the Company and the Bank. Within the past 12 years, Mr. Carmichael has held senior level positions in local community and regional banks.

Most noteworthy was serving as President, Chief Executive Officer and Vice-Chairman of a local community bank, where, as a founder, he helped build the bank from de novo status. Ray L. Nash, who has served as Interim President & CEO since the end of July, will remain on the Board of Directors of both the company and the Bank.