Advocacy
ACH payments work for the U.S. Government and Americans
Working With Government, Industry
Nacha seeks to protect the interests of private-sector rulemaking and ACH Network participants by fostering positive collaboration with key U.S. government entities, including legislators and regulators (e.g., the Federal Reserve, the Consumer Financial Services Bureau and U.S. Department of Treasury), in addition to financial services and end-user trade groups.
Nacha’s feedback to regulators, Congressional committees, members of Congress and staff and other governmental agencies means that the ACH Network is put to the best use at a governmental level.
Members and ACH Network participants enjoy clear explanations and assistance, from Nacha, about how government initiatives affect the ACH Network.
Financial trade groups and end-users trades have a voice in the inclusive process of rulemaking.
Participate in the Process
Become a Nacha Direct Member
All Nacha Direct Members can participate in the Government Relations Advisory Group (GRAG), which helps to promote the use of the ACH Network and protects participants’ interests by assisting Nacha in developing positions on specific payments system issues as well as reviewing documents such as congressional testimony, requests for comments and statements for the record.
Government and Direct Deposit
Most government payments are made using Direct Deposit. It accounts for:
- 99.5% of Federal Salaries
- 99% of Social Security Benefits
- 90% of Tax Refunds
- 86% of Child Tax Credit Payments (for July 2021)
- 79% of Economic Impact Payments
Learn More About Direct Deposit Learn How Direct Deposit Delivers
Direct Deposit Delivers
As the coronavirus pandemic endured across the country, the U.S. government turned to Direct Deposit to deliver hundreds of millions of stimulus payments to Americans three times.
Latest Policy, News and Resources
Nacha reports on legislative updates as they happen and produces ad hoc summaries of recent legislative activity.