ACH Services — Electronic Payment Processing

Reduce the cost and accelerate the speed of payment processing, increase the accuracy and security of payments made and received, and extend greater convenience to your employees and vendors through direct deposit and direct payment solutions using the Automated Clearing House (ACH) network.

The ACH network is a highly efficient, secure and reliable electronic funds-transfer system operated by the Federal Reserve and the Electronic Payments Network. It provides for the interbank clearing of electronic payment transactions, such as direct deposits of payroll checks.

You can conveniently and securely access ACH Services through your Business OnCommand online banking account — with no additional software required — so you can manage all your business banking in one place.1

Direct deposit using ACH

Direct deposit is a simple, secure and cost-effective way to pay your employees. By making direct deposit your preferred method of distributing payroll, you can:

  • Reduce or eliminate manual check preparation and handling, saving time and administrative costs and reducing the potential for errors
  • Reduce the chance of loss and fraud — with direct deposit, there are no paper checks to be stolen, counterfeited, altered or forged
  • Enhance employee satisfaction and productivity — payroll deposits are credited to employees’ bank accounts immediately, eliminating the need to take time off work to deposit or cash a payroll check

To begin enjoying the benefits of ACH, call 888.763.7600 or e-mail fcbcustsvce@firstcommandbank.com.

1 Enrollment in ACH commerce solutions requires an initial $25 set-up fee and a $15 monthly fee. Each returned item is charged $0.25, and each item submitted after daily processing cut-off time is charged $4.50.