Direct Financial Institution 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.
Any federally insured depository financial institution, that is a member of any NACHA Regional Payments Association can join.
$38,050 annually, in addition to a one-time capital contribution of $10,000
"We are very pleased to become a direct member of NACHA and look forward to working with the association on ACH rules and innovative electronic payments solutions."
– Dan Speight, State Bank Vice Chairman and COO
"As a top-50 ACH-originating financial institution, direct NACHA membership enables us to take a more active role at the national level."
– Richard Urrutia, Merrick Bank President