!!! Overview [{$pagename}] ([NACHA]) manages the development, administration, and governance of the [ACH], the backbone for the electronic movement of money and data in the [United States] . [{$pagename}] is funded by the [Financial Institutions] that it governs. The ACH Network serves as a network for direct consumer, business, and government payments, and annually facilitates billions of payments such as [direct deposit|https://en.wikipedia.org/wiki/Direct_deposit] and [direct payment|https://en.wikipedia.org/wiki/Direct_Payments]. [{$pagename}] is a [501(c)(6)|https://en.wikipedia.org/wiki/501(c)(6)] [Not-for-profit Entity] association incorporated in [1974|Year 1974] and represents nearly 11,000 [Financial Institutions] by way of eleven regional payments associations and direct membership. [{$pagename}] is not directly involved in the [Automated Clearing House] transactions that flow to and from organizations and [Financial Institutions]. !! More Information There might be more information for this subject on one of the following: [{ReferringPagesPlugin before='*' after='\n' }] ---- * [#1] - [NACHA|Wikipedia:NACHA|target='_blank'] - based on information obtained 2021-07-02