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For other uses, see Nacha (disambiguation).
Nacha
Founded
June 20, 1974 (1974-06-20)
Type
Not-for-profit
Tax ID no.
23-7451693[1]
Legal status
501(c)(6)[1]
Purpose
To promote the development of electronic solutions that improve the payment system for the benefit of its members and their customers.[1]
Location
United States
Services
Financial services trade association
Members
500+
President, Chief Executive Officer
Jane Larimer[2]
Revenue (2019)
$23,616,643
Expenses (2019)
$22,046,071
Employees (2019)
70
Volunteers (2019)
100
Website
www.nacha.org
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Nacha, originally the National Automated Clearinghouse Association,[3] manages the ACH Network, the backbone for the electronic movement of money and data in the United States, and is an association for the payments industry.[4] The ACH Network serves as a network for direct consumer, business, and government payments, and annually facilitates billions of payments such as Direct Deposit and Direct Payment. The ACH Network is governed by the Nacha Operating Rules.[4]
In 2022, the Nacha through its ACH network handled 30.00 billion payments (3.03% year-over-year (YoY) gain), totaling US$76.7 trillion (5.6% YoY gain).[5]. From 2013-22, overall gain in the volume of transactions was 70.95%, or 5.51% annualized.[5] The 2013-22 overall gain of the value of the transactions was 98.25%, or 7.08% annualized.[5]
Nacha is a not-for-profit association under the Internal Revenue Service code 501(c)(6) and was incorporated in 1974.[6] It represents more than 9,000 financial institutions divided into ten regional payments associations[7] and direct membership. Nacha is not directly involved in the ACH transactions, but develops rules and standards and provides education, accreditation, and advisory services.[7]
^ abcd"Form 990: Return of Organization Exempt from Income Tax". National Automated Clearing House Association. Guidestar. December 31, 2016.
^"Nacha Leadership". Nacha. Retrieved July 17, 2019
^"Nacha definition". Investopedia. Retrieved January 25, 2023.
^ ab"ACH Network: How it Works | Nacha". nacha.org (Press release). Retrieved 2019-02-14.
^ abc"ACH Network Volume and Value Statistics | Nacha". www.nacha.org. Retrieved 1 November 2023.
^"National Automated Clearing House Association", Division of Corporations, Delaware Department of State. Retrieved December 23, 2018
Nacha, originally the National Automated Clearinghouse Association, manages the ACH Network, the backbone for the electronic movement of money and data...
Nacha may refer to: Atlach-Nacha, a novel by H. P. Lovecraft Nacha Guevara (born 1940), Argentine actress Nacha Pop, a Spanish pop/rock group Nacha Regules...
Nacha Guevara (born Clotilde Acosta, October 3, 1940) is an Argentine singer-songwriter, dancer, and actress from Mar de Plata, Buenos Aires province...
Nacha Pop was a Spanish pop/rock group active from 1978 to 1988. The band was formed by Antonio Vega and Nacho García Vega (guitars and vocals), Carlos...
Raut Nacha is a dance performed by people of Raut (caste), For them it is as a symbol of worship to Krishna. They perform the dance at the time of 'dev...
Bagha Nacha or Tiger Dance is performed in Binka, Sonepur of Subarnapur district and Brahmapur and in some parts of Ganjam district in Odisha. It is performed...
Nacha Punthong is a Thai taekwondo practitioner. In 2010, he won the silver medal in the men's 63 kg event at the 2010 Asian Games held in Guangzhou,...
American author H. P. Lovecraft (1890–1937) created a number of fictional deities throughout the course of his literary career. These entities are usually...
July 2011. "Rawat Nacha Traditions". 9 November 2008. Archived from the original on 9 October 2012. Retrieved 27 July 2011. "Raut nacha". Archived from...
10, 1982) , more commonly known as Ignacia Jasso or by her nickname La Nacha, was a Mexican drug dealer. Along with her family, Jasso established one...
Geases (1934), Atlach-Nacha is the reluctant recipient of a human sacrifice given to it by the toad-god Tsathoggua. Atlach-Nacha resembles a huge spider...
characteristics. "Weeks long 'Danda Nacha' concludes in Orissa". news.oneindia.in. 2012. Retrieved 13 April 2012. Weeks long 'Danda Nacha' concludes in Orissa Sahu...
network are established by National Automated Clearinghouse Association (Nacha). In 2018, the network processed 23 billion transactions with a total value...
western Odisha and is enjoyed by many. Laudi Khela, also known as Gauda Nacha is a form of dance practiced in some coastal districts of Odisha, including...
transaction is in compliance. Receiving Depository Financial Institution "ACH Network: How it Works". nacha.org. NACHA. Retrieved 25 January 2015. v t e...
ACH system has its own specifics; see, for example, quick facts for the Nacha ACH Network in the United States and its terminology. The ordering customer...
June 21, 2015. "Nacha Guevara". TomLehrer.org. Archived from the original on February 19, 2015. Retrieved September 20, 2023. Guevara, Nacha (1971). Este...
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