And Same Day ACH is stronger than ever, as the $1 million per-payment limit makes it an even more attractive option. With 30 billion payments valued at $76.7 trillion last year, the ACH Network continues to grow. NAFCU is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.Ĭontact:Patty Briotta|70| 05, 2023 Add to Calendar 14:00:00 14:00:00 What’s Happening at Nacha: ACH Update and an Expanded Risk Framework Schwartz holds a Bachelor of Science, Magna Cum Laude, in economics and marketing from the State University of New York, and a Master in Business Administration in finance and business law from the University of Southern California. Prior to joining Mission Federal, Schwartz served in senior executive positions as chief financial officer at First Future Credit Union, and as eExecutive vice president at San Diego County Credit Union, both San Diego‐based institutions. With $1.8 billion in assets, 23 branches, and over 127,000 members, Mission Federal is one of the largest credit unions in San Diego County. Mission Federal Credit Union is a progressive member-owned organization providing high quality financial and related services to meet the needs of a growing and diverse membership base. She is a seasoned credit union executive with more than 25 years of financial services leadership experience. She served as executive vice president and interim CEO since 2008 and has been with Mission FCU since 2007. Schwartz has been president and CEO of Mission FCU since 2009. Debra brings a unique combination of credit union and business experience, and we look forward to her insight." In announcing Schwartz's appointment, NAFCU Chairman Mike Lussier, president and CEO of Webster First Federal Credit Union, said, "We are delighted to have an industry leader of Debra's exceptional level on the NAFCU board. In accordance with NAFCU's bylaws, Schwartz may serve in her appointed capacity until the association's next annual business meeting in 2012. Schwartz replaces outgoing board member Shelley Clarke, who stepped down when she retired as president and CEO of Goldenwest Federal Credit Union in Ogden, Utah. WASHINGTON – Debra Schwartz, president and CEO of Mission Federal Credit Union, has been named an at-large director to the National Association of Federal Credit Union's (NAFCU) board of directors.
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