Deborah Matz, a former credit union executive and Clinton administration official, was sworn in Monday as the chairman of the National Credit Union Administration.

Matz, whose seat on the NCUA board will expire in April 2015, succeeds Michael Fryzel as the head of the agency. Fryzel retains his board position, which will expire in 2013.

After a prior three-year term on the board ending in 2005, Matz was until last year the executive vice president and chief operating officer at Andrews Federal Credit Union in Suitland, Md., and later worked on the transition team for the Obama administration.

In the Clinton administration, Matz served in the Department of Agriculture, including a stint as deputy assistant secretary for administration.

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