“We are very proud of Lena and Stacy for earning such a prestigious designation. This certification doesn’t come lightly and we look forward to their expanded understanding of ACHs..." stated Michael Ligon, CFO.
Woodbridge, VA (PRWEB) February 22, 2016
Belvoir Federal Credit Union’s Accounting Manager, Yelena Gureyeva, and Senior Financial Specialist, Stacy Coates, earned their Accredited ACH Professionals (AAP) designation from the National Automated Clearing House Association (NACHA).
NACHA, formed in 1974 within the American Bankers Association, is an organization that establishes the standards and rules followed by financial institutions for transferring payments. Through NACHA’s expertise and guidance, the ACH Network is now one of the largest, safest, and most reliable payment systems, creating value and enabling innovation for all participants.
The AAPs are an elite group of highly-skilled payment professionals nationally recognized for their electronic payments expertise. Before being accredited, candidates must demonstrate knowledge of the NACHA Operating Rules, the ACH Network and other payment systems, technical and operational ACH requirements, risk management, and payments-related regulations across channels.
“We are very proud of Lena and Stacy for earning such a prestigious designation. This certification doesn’t come lightly and we look forward to their expanded understanding of ACHs to help further Belvoir Federal and assist member transactions on the backend,” stated Michael Ligon, CFO of Belvoir Federal.
“I am excited about the opportunity this designation affords me in the financial sector,” stated Yelena. “The classes gave me a deeper insight into the technical side of ACHs, which I hope to continually use throughout my career.”
Along with the latest accreditation, Yelena holds a Master of Science in Accounting and Finance from the All-Russian Finance & Economics Institute along with 22 years of professional industry experience.
Stacy stated, “Earning this certification has given me a deeper appreciation for operational requirements and risk management that is entailed within the ACH Network and payments industry. I look forward to applying my extensive understanding as I continue with my career.”
In addition to her recent accreditation, Stacy is also a graduate of The Payments Institute and has been in the financial industry for 22 years, concentrating mainly in Accounting, ACH operations, and Member Service.
NACHA administers and facilitates private-sector operating rules for ACH payments, which define the roles and responsibilities of financial institutions and other ACH Network participants. As a not-for-profit association, NACHA represents more than 10,000 financial institutions via 13 Regional Payments Associations and Direct Membership. To learn more about NACHA, please visit http://www.nacha.org.
About Belvoir Federal Credit Union
Belvoir Federal is a member-owned, full-service financial institution that provides the foundation for the financial success of our Members. Belvoir Federal, a not-for-profit organization, has served the Fort Belvoir and U.S. Armed Forces community since 1946 and named 2014, 2015, and 2016 Best Places to Work in Virginia. For more information about Belvoir Federal, please visit http://www.BelvoirCreditUnion.org.