Former NCUA Chairman Matz Joins Bank Board

Debbie Matz, a former chairman of the National Credit Union Administration, has joined the board of Mutual of Omaha Bank in Nebraska.

Matz has the distinction of having served two separate terms at the NCUA, with appointments in 2002 and 2009. She stepped down earlier this year.

During her most recent tenure at the NCUA, Matz oversaw the agency's response to the financial crisis.

Matz "brings unparalleled experience and expertise in the oversight, management and regulation of financial institutions," Jeff Schmid, chairman and chief executive of the $8 billion-asset Mutual of Omaha Bank, said in a press release Monday. "She demonstrated vision, integrity and innovation while leading the credit union system through the worst financial crisis since the Great Depression, and has been at the forefront of cybersecurity for financial institutions. She will bring a valuable perspective to the board of directors, and we look forward to her contributions."

Though Matz is best known for her work at the NCUA, she also brings in-the-trenches experience to bear, having worked as an executive at Andrews Federal Credit Union in the years between her NCUA appointments.

Before her first stint at the NCUA, Matz was deputy assistant secretary for administration of the Department of Agriculture. She also worked on Capitol Hill for 12 years in various roles, including nine years as an economist with the Congressional Joint Economic Committee.

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