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The Credit Union and the App Helping Nonprofits Reap 100% of Donations with Electronic Bank Transfers
When SPIRE Credit Union set out to help local nonprofits in its Minnesota community, it wanted to make sure each group received as much as possible, without losing money to fees. The key to that success lies in an app built around donating by ACH, or …
… More Money Per Gift . Monthly gifts from congregants using electronic bank transfers are on average 55% higher than with other payment types. Make Gifting Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …
HERNDON, Virginia , Feb. 1, 2023 – Nacha today announced the addition of four new and two re-elected members to its Board of Directors. The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an …
Nacha has again been named as one of the 2023 Best Places to Work in Virginia —for the fifth year in a row—by Virginia Business Magazine and Best Companies Group. Nacha governs the modern ACH Network, the payment system that drives safe, smart, and fast …
… Each depository financial institution that transmits or receives ACH entries is required to pay Nacha an Annual Fee and a Per-Entry Fee for costs associated with the administration of the ACH Network. The fee amounts are set to recover costs of the ACH …
Even if you’ve been in payments for decades, no one in the industry can know it all. “There’s always something new to learn,” said Mary Gilmeister, AAP, NCP, President and CEO of Macha. She’s also the 2022 Dean of the Payments Institute (TPI) . This year …
NASHVILLE, Tennessee —In a New York City public school, barely 3 miles from Yankee Stadium, the idea that became DonorsChoose was born out of necessity. “When I started teaching in the Bronx, I saw firsthand that all schools are not created equal. My …
Nacha today announced its 2022 Board of Directors. These Board members are all senior executives representing different sizes and types of financial institutions that utilize the ACH Network and who bring diversity in thought, experience and perspective …
Donors are the lifeblood for nonprofits and religious organizations. Enabling electronic bank transfers is the choice method to convert them to sustainable donors and to save money so you can devote more to your mission. ACH can help. Electronic bank …