-

Nacha Releases Top 50 Financial Institution ACH Originators and Receivers for 2024; Total ACH Payment Volume in 2024 Exceeded 40 Billion

RESTON, Va.--(BUSINESS WIRE)--Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2024.

“Businesses and consumers nationwide rely on the ACH Network to deliver wages, pay bills and vendors, transfer funds, and much more. Financial institutions are the backbone in securely moving these funds through the ACH Network.”

Share

Among originating institutions, the Top 50 were responsible for 29.7 billion ACH payments in 2024, up 7.4% from a year earlier. They accounted for 93.8% of the ACH Network’s total commercial payments volume.

The Top 50 receiving institutions reported nearly 22 billion ACH payments last year, an increase of 10.4% from 2023. These institutions accounted for 65.5% of total volume on the ACH Network, inclusive of payments received from the federal government.

“Businesses and consumers nationwide rely on the ACH Network to deliver wages, pay bills and vendors, transfer funds, and much more. Financial institutions are the backbone in securely moving these funds through the ACH Network,” said Michael Herd, Nacha Executive Vice President, ACH Network Administration.

Financial institutions also processed 6.7 billion “off-Network” ACH payments in 2024. These are primarily “on-us” ACH payments for which the originating and receiving financial institution are the same and therefore are not submitted to an ACH Operator. Total ACH payment volume for 2024, including these off-Network payments, was 40.2 billion, up 7.2% from 2023.

The complete Top 50 lists can be found at https://www.nacha.org/sites/default/files/2025-03/Top-50_Originators_and_Receivers_2024.pdf

About Nacha

Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 33.6 billion ACH Network payments made in 2024, valued at $86.2 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.

Contacts

Dan Roth
Nacha
571-579-0720
media@nacha.org

Nacha


Release Versions

Contacts

Dan Roth
Nacha
571-579-0720
media@nacha.org

More News From Nacha

Same Day ACH and Business-to-Business Payments Propel ACH Network Volume Growth in 2025

RESTON, Va.--(BUSINESS WIRE)--The ACH Network reached new highs in 2025 as both standard and Same Day ACH usage continued to grow, both in the number of payments and their value. Full year ACH Network volume totaled 35.2 billion payments, up nearly 5% over 2024. The value of those payments reached $93 trillion, an increase of almost 8%. Along the way there were several noteworthy milestones, including: December 2025 saw the ACH Network’s highest ever monthly volume of 3.22 billion payments, and...

Affirmative Is Now a Nacha Preferred Partner for Compliance/Fraud Monitoring/Risk and Fraud Prevention

RESTON, Va.--(BUSINESS WIRE)--Nacha announced today that Affirmative, a leading provider of ACH risk management, compliance, and fraud monitoring solutions, is now a Nacha Preferred Partner for Compliance/Fraud Monitoring/Risk and Fraud Prevention. Affirmative helps financial institutions implement effective, risk-based oversight aligned with Nacha Operating Rules and regulatory guidance. Affirmative’s solutions provide a centralized view of all electronic payment activity across both originate...

Winners Announced in Spotlight! Payments Video Challenge from Nacha’s Payments Innovation Alliance

RESTON, Va.--(BUSINESS WIRE)--May we have the envelope, please! The winners of the second annual Spotlight! Payments Video Challenge, sponsored by Nacha’s Payments Innovation Alliance, are in. The contest invited videos of up to one minute, focusing on the theme “Take a Stand Against Scammers.” The short video contest provides an opportunity to broaden the ecosystem messaging and reach consumers more quickly through educational pieces that are developed by a wide range of contributors that can...
Back to Newsroom