Each depositor insured to at least $250,000 per insured bank



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Speaker Biography -
Jim Cunha
 

Jim Cunha is Senior Vice President of the Treasury And Financial Services Group. His groupís responsibilities include: First District Cash and Check Processing, and Payments/Mobile Strategies; and Wholesale Payment operations support for six Districts.  The group is also responsible for two emerging payment businesses for the U.S. Treasury: Stored Value Card (SVC) and Internet Payments Platform (IPP). SVC is a prepaid smartcard based service used by the Department of Defense for domestic training bases and overseas peace-keeping bases. IPP helps automate the purchase order and invoice exchange processing for US government agencies and their vendors, and functions as a central repository for vendor payment related information.  Lastly, they are developing the Treasuryís future cash concentration system and account management infrastructure.     

Jim has worked at the Federal Reserve Bank since 1984. Prior to that, he worked at Fleet National Bank.  He has a BS in Accounting and Philosophy from Northeastern University and a BA in Computer Science from Rhode Island College. He is a member of the Board of Directors of the New England ACH (NEACH) Association and Childrenís Friend and Family Services of Salem, Massachusetts. 


Last Updated 111/22/2011 come-in@fdic.gov