Nacha Direct Members are comprised of financial institutions and payments association organizations that shape and influence the governance and direction of the ACH Network and the Nacha Operating Rules. Through cross-industry cooperation, innovation and collaboration, Nacha’s Direct Members are committed to shaping the future of the ACH Network.
Direct Members are active participants in Nacha’s efforts to educate and advocate for the ACH Network with regulators, legislators, and other stakeholder organizations whose policies affect the payments system. These efforts help increase understanding of the role financial institutions play in the payments system and help them serve their customers more effectively.
Our current Financial Institution Direct Members include:
American Express National Bank
Bank of America Merrill Lynch
BMO Harris Bank
Citizens Financial Group
Discover Financial Services, Inc.
Fifth Third Bank
First PREMIER Bank
Huntington National Bank
J.P. Morgan Chase & Co.
Merrick Bank Corporation
MUFG Union Bank N.A.
Navy Federal Credit Union
Regions Financial Corporation
Silicon Valley Bank
TCF National Bank
TD Bank, N.A.
UMB Bank, N.A.
Financial Institution Direct Members:
- Vote directly on Nacha Operating Rules ballots and participate in the Nacha rulemaking process
- Lead and participate in the Payments Innovation Alliance, committees and initiatives
- Nominate, elect and serve on Nacha’s Board of Directors to help provide vision and leadership for the ACH Network and Nacha’s future
- Contribute to Nacha’s efforts to educate and advocate for the ACH Network with regulators, legislators and other stakeholder organizations whose policies affect the payments system
- Receive member pricing, discounts and special program opportunities
- Network with other payments industry leaders to share ideas and perspectives
$38,050 annually, in addition to a one-time capital contribution of $10,000
Do you have questions or would you like to apply for membership? Contact Us.
Any federally insured depository financial institution that is a member of a payments association can join.
Gain expertise and guidance on Nacha Operating Rules and other payment system initiatives by joining a payments association. As Direct Members of Nacha, payments associations shape the ACH Network and the Nacha Operating Rules. By joining a payments association, your organization will not only benefit from information, resources and ongoing support, but can contribute to the development and future of the ACH Network.
Payments associations are specially recognized and licensed providers of ACH education, publications and support. While each association is a separate organization, payments associations share a common goal of improving U.S. payment systems quality through industry representation, education and support. Representing the diverse breadth of U.S. financial institutions to Nacha, the payments associations are key contributors to the Nacha rulemaking process, professional accreditation programs, and ACH advocacy and education. Nacha strongly encourages all financial institutions to seek and maintain membership in a payments association.
MACHA - The Mid-Atlantic Payments Association
NEACH - New England ACH Association
Southern Financial Exchange
The Clearing House Payments Authority
UMACHA - Upper Midwest ACH Association
WACHA - The Premier Payments Resource
The 11 payments associations also sponsor a joint program called the Center for Payments for the purpose of helping members and staff better prepare for the continued evolution in U.S. payment systems.
Payments associations welcome banks, credit unions, corporations, e-commerce companies and payments technology providers as members. Learn more.
To find a payments association, please visit the Center for Payments.