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Breaking NewsNACHA Posts Top 50 Lists for 2009Action Requested Background The NACHA top 50 originating financial institutions accounted for 88.3 percent of the total ACH transaction volume and 95.9 percent of the commercial (non-federal government) ACH transaction volume in 2009. Those in the top 50 on the receiving side accounted for 55.6 percent of the total ACH transaction volume in 2009. The NACHA top 50 originating financial institutions yielded 13.54 billion transactions in 2009. The top five originating institutions made up 61.9 percent of the ACH transaction volume, up slightly from 61.6 percent in 2008. The top ten originating institutions accounted for 73.5 percent of the total ACH transaction volume, reflecting figures similar to those of 2008. On the receiving side, the financial institutions in NACHA’s top 50 accounted for 55.6 percent of total ACH transaction volume in 2009, consistent with 2008 numbers. The top five receiving institutions also essentially were even with last year and made up 31.1 percent of total ACH volume. The top ten receiving institutions accounted for 38.9 percent of total ACH volume. All references to ACH volume exclude on-us transactions, but do include direct-send transactions. This Members Memo includes the following attachments (available only to SFE members):
Staff Contacts Michael Herd |
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