March 6, 2019 - Issue: Vol. 165, No. 40 — Daily Edition116th Congress (2019 - 2020) - 1st Session

[Extensions of Remarks]
[Page E259]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




RECOGNIZING NACHA--THE ELECTRONIC PAYMENTS ASSOCIATION, ONE OF THE 2019 
                    BEST PLACES TO WORK IN VIRGINIA

                                 ______
                                 

                        HON. GERALD E. CONNOLLY

                              of virginia

                    in the house of representatives

                        Wednesday, March 6, 2019

  Mr. CONNOLLY. Madam Speaker, I rise to recognize NACHA--The 
Electronic Payments Association, and to congratulate them on their 
recent designation as one of the 2019 Best Places to Work in Virginia 
by the Virginia Business and Best Companies Group. Determined by a 
statewide survey competition, the annual list honors the best places of 
employment in Virginia.
  NACHA's designation as one of the 2019 Best Places to Work in 
Virginia is a fitting acknowledgment of its many contributions to 
Virginia's economy, workforce, and business community. Headquartered in 
Herndon, Virginia, NACHA proudly employs 61 Virginians, and three of 
their 42 Direct Members are based in the Commonwealth: Navy Federal 
Credit Union, Capital One, and ePayResources.
  NACHA serves as trustee of the Automated Clearing House (ACH) 
Network, enabling payments such as direct deposit and direct payment 
via ACH. Today, NACHA's work is more important than ever, as more than 
80 percent of U.S. workers now receive their regular pay using Direct 
Deposit via ACH, and consumers now pay 800 million bills each month 
with Direct Payment via ACH. In 2018 alone, 23 billion ACH payments, 
valued at a total of $50 trillion, moved across the ACH Network.
  I am thrilled to recognize NACHA's commitment to creating and 
fostering an award-winning work environment, and I commend them on 
their efforts to strengthen the ACH Network. I am proud to represent in 
Congress one of the 2019 Best Places to Work in Virginia.
  Madam Speaker, I urge my colleagues to join me in recognizing NACHA's 
successes, and in congratulating them on the well-deserved honor of 
being named one of the 2019 Best Places to Work in Virginia.

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