Biography

Claudia Swendseid, senior vice president at the Federal Reserve Bank of Minneapolis, is a member of the Bank's Management Committee and provides executive oversight to the following functions at the Bank: FedACH Support Services, FedACH Central Operations Support, Electronic Access Customer Contact Center (CCC), Federal Reserve Consumer Help, FedLine Channel Products, Information Technology Department, National Service Desk, Enterprise Program Management Support Office, and Payments Information and Outreach Office. Claudia also serves as the senior officer sponsor to the Employee Diversity Action Council.

Claudia conducts industry relations on behalf of the Federal Reserve System, serving as a liaison to selected national banking associations and corporate payments groups. She represents the Federal Reserve to the Accredited Standards Committee (ASC) X9 and serves as the vice chair of the X9 Board of Directors. As part of her outreach in the Ninth District, Claudia is a member of the Minnesota Women's Economic Roundtable.

Claudia joined the Minneapolis Bank in 1985 as a senior marketing research analyst in Business Development and has since worked in most financial services and support areas of the Bank. She was named assistant vice president in 1989, vice president in 1996, and senior vice president in 2000.

Claudia is also active in her community by serving on the Board of Directors of the East Metro Women’s Council, supporting the St. Croix Valley United Way, and volunteering at her church.

She holds a bachelor of arts degree in English, humanities, and religion from Concordia College in Moorhead, Minnesota and a master's in business administration from the University of Minnesota.