Displaying 1 - 20 of 53

Tag: Direct Deposit

Article October 31, 2022
The ability to quickly receive pandemic-related benefits led some of the nation’s previously “unbanked” households to open bank accounts, which contributed to a continuing decline in the number of unbanked Americans, a new FDIC report found. 
Article September 20, 2022
Direct Deposit continues to be the overwhelming choice for Americans to receive their wages. In its 2022 “Getting Paid in America” survey, the American Payroll Association (APA) found that more than 93% of those questioned use Direct Deposit.
Article August 26, 2022
Direct Deposit is a great way to save time and get your Labor Day festivities started sooner.
Article April 20, 2022
May is Direct Deposit Month and there are many good reasons to celebrate.
Article January 14, 2022
No voided check? No problem. How to get employees on Direct Deposit without the paper.
Article December 13, 2021
America Saves Week 2022 is coming. Here's how you can participate by urging employees and customers to use Split Deposit to save automatically.
Article July 22, 2021
It's Simplify Your Life Week, and Nacha has some excellent ideas to help you make things easier by using electronic payments.
Article July 13, 2021
Nacha is among the more than 50 organizations supporting Wisconsin Saves, which aims to get people to save automatically using Split Deposit.
Article July 12, 2021
So far in the 2021 tax filing season 90% of federal refunds have been paid by Direct Deposit, according to the IRS.
Article June 29, 2021
Saving money every payday is crucially important toward achieving financial independence. The Split Deposit feature of Direct Deposit can help.
Basic page March 30, 2021

Do you think ACH payments take 3-5 days to process? They don't. That's a myth. Or do you think if payday is on a Friday, you won’t get your money until Monday (or later if Monday is a holiday)? That's another myth. Learn more about the realities of ACH payments.

Article March 17, 2021
ACH payments provide clear benefits compared to check payments. If your company currently does not send ACH payments to vendors/suppliers, you can contact your bank for recommendations on how to get started with sending ACH payments. 
Article March 11, 2021
Passage of the American Rescue Plan Act of 2021 into law provides relief for tens of millions of Americans. The ACH Network is ready to deliver these relief payments via Direct Deposit, with funds available to people on the day instructed by the IRS.
Article March 3, 2021

Within four days of the Maryland RELIEF Act of 2021 becoming law, the state processed 98% of the payments—nearly two-thirds of which were made by Direct Deposit.

How did they do it? In a word, preparation. 

Article February 2, 2021
When the pandemic hit, a lot of people suddenly found themselves out of work and in need of savings to weather the storm. The trouble is that even before COVID-19, many Americans didn’t have much put away. This highlights the importance of America Saves Week. 
Article January 25, 2021

All those who don’t like getting their money faster can stop reading here. 

For the rest of us, if you’re expecting (or at least hoping for) a tax refund this year, make sure to give the IRS your Direct Deposit information. 

Article January 6, 2021
While Rodgers’ and Hammerstein’s favorite things may have been raindrops on roses, whiskers on kittens and warm woolen mittens, for Nacha some of our favorite things include Direct Deposit and Split Deposit. Throughout 2020, we shared some of our favorite things in posts from Hollywood to a community church in Maryland to tips for simplifying your financial life.
Article December 29, 2020
The IRS and the U.S. Treasury have confirmed that 113 million EIPs by ACH are being processed this week, with an effective date of Monday, Jan. 4, 2021. Under the Nacha Rules, RDFIs must make funds available by 9:00 a.m. (RDFI local time) on Jan. 4.
Article December 22, 2020
To help consumers better understand how Direct Deposit is used every day, Nacha recently launched directdeposit.org. 
Article December 8, 2020
Use Split Deposit to save more in 2021. Each payday, your employer can split your Direct Deposit to put a fixed amount in savings.