RECOGNIZING NACHA, ONE OF THE 2020 BEST PLACES TO WORK IN VIRGINIA; Congressional Record Vol. 166, No. 25
(Extensions of Remarks - February 06, 2020)

Text available as:

Formatting necessary for an accurate reading of this text may be shown by tags (e.g., <DELETED> or <BOLD>) or may be missing from this TXT display. For complete and accurate display of this text, see the PDF.


[Extensions of Remarks]
[Pages E143-E144]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




   RECOGNIZING NACHA, ONE OF THE 2020 BEST PLACES TO WORK IN VIRGINIA

                                 ______
                                 

                        HON. GERALD E. CONNOLLY

                              of virginia

                    in the house of representatives

                       Thursday, February 6, 2020

  Mr. CONNOLLY. Madam Speaker, on behalf of myself and my colleague, 
Rep. Jennifer Wexton (VA-11), I rise to recognize Nacha, and to 
congratulate them on their recent designation as one of the 2020 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. A testament to their 
commitment to success in this area, this is the second consecutive year 
Nacha has been named to the list.
   Nacha's designation as one of the 2020 Best Places to Work in 
Virginia is a fitting acknowledgement of their many contributions to 
Virginia's economy, workforce, and business community. Headquartered in 
Herndon, Virginia, Nacha proudly employs 66 Virginians,

[[Page E144]]

and three of their 43 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. 24.7 billion ACH payments, valued at a 
total of $55.8 trillion, moved across the ACH Network in 2019 alone, 
the fifth straight year to see a gain of more than one billion 
payments.
   Rep. Wexton and I are thrilled to recognize Nacha's commitment to 
creating and fostering an award-winning work environment in Northern 
Virginia, and we commend them on their efforts to strengthen the ACH 
Network. We are proud to represent in Congress many employees of one of 
the 2020 Best Places to Work in Virginia.
   Madam Speaker, I urge my colleagues to join us in recognizing 
Nacha's successes, and in congratulating them on the well-deserved 
honor of being named one of the 2020 Best Places to Work in Virginia.

                          ____________________