OMAHA, Neb. – Former NCUA Chairman Debbie Matz has been elected to the Mutual of Omaha Bank board of directors, according to the bank’s Chairman and CEO Jeff Schmid.
“Debbie Matz brings unparalleled experience and expertise in the oversight, management and regulation of financial institutions. 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,” Schmid said. “She will bring a valuable perspective to the board of directors and we look forward to her contributions.”
Matz, the only person to ever serve two different terms on the NCUA board, held her last NCUA post from August of 2009 until April 30 this year. She was appointed by President Obama. Matz was first appointed as an NCUA board member by President George W. Bush in 2002. She served in that capacity until 2005.
Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses across the United States. With nearly $8 billion in assets, Mutual of Omaha Bank is a subsidiary of Mutual of Omaha, a Fortune 500 insurance and financial services company founded in 1909.