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      What is ACH and how does it affect your life? Here’s what you need to know.
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28 results related to "Direct Deposit"
March 9, 2023
Supporting Nonprofits and Religious Organizations
… help. Electronic bank transfers is another name for ACH and Direct Deposit—it enables donors to safely send donations to the … congregant donations made by electronic bank transfers go directly to the house of worship’s bank or credit union …
March 9, 2023
Strong Growth Continues for ACH Network as Volume Climbs Nearly 10% in Second Quarter of 2021
… realizing the many advantages that come with having claims directly deposited to their accounts,” said Larimer.  The volume of … the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to …
March 26, 2025
Statement from Jane Larimer, CEO of Nacha, on White House Executive Order to Phase Out Checks for Federal Payments
… and prone to theft and fraud, especially in comparison to Direct Deposit.   Currently, the federal government uses Direct Deposit to pay 100% of its employees, 99% of Social …
March 9, 2023
Simplify Your Financial Life by Using Automatic, Electronic Payments
… electronic payments. Most employers already offer Direct Deposit, which eliminates the need to pick up a paycheck, … either a percentage of your pay or a flat amount and uses Direct Deposit to put it in a savings or investment account. …
May 30, 2025
Ready to Sign Up for Direct Deposit with Your Employer?
… The first thing to do is to ask your employer if they offer Direct Deposit. If you work at a small place, check with your boss; … Finding Your Routing and Account Number To sign up for Direct Deposit, you will need two pieces of information: The …
May 15, 2023
New Federal Paper Shows the Value of Direct Deposit in Delivering Economic Impact Payments
… When Nacha says “Direct Deposit Delivers” we mean it. A new paper from the federal … (EIPs) in 2020. Among the findings is how big a role Direct Deposit played in quickly getting money where it …
March 9, 2023
Nacha Joins Wisconsin Saves, Urging Smaller Businesses to Offer Split Deposit
… be easy if it’s automatic,” said William Sullivan, Senior Director and Group Manager, Government Relations, at Nacha, … automatically goes to savings each payday. Splitting your Direct Deposit is the easiest way to start saving automatically by …
May 22, 2023
Nacha and America Saves Week Highlight the Need to Save Automatically
… it’s much easier, and the way to do that is with Split Deposit .  Split Deposit is basically Direct Deposit with a twist. Just tell your employer you … certain percentage or fixed amount each payday, and they’ll direct that money to savings. After you fill out the initial …
March 10, 2023
Nacha Statement on December 2021 Federal Reserve Payments Study
… compared to 2019. This growth included a 12% increase in Direct Deposit payments, a 15% increase in internet-initiated … partly to consumers and businesses making more ACH payments directly and partly to more use of ACH as a settlement …

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