The Automated Clearing House (ACH) provides the electronic movement of money in a cost-saving and efficient manner. The ACH network is the nation's largest electronic payment system and is operated through the Federal Reserve Bank.
SwRCFCU offers members the option of transferring money to other accounts at other facilities through this service. For example, you might have a child in an out-of-state college who needs to have their funds supplemented regularly. You could set up an automatic deposit to their local account, thereby avoiding the need to hear that regular plea to send money.
For more information about ACH services, check with one of our member services representatives.