ACH Services

The Automated Clearing House (ACH) is a secure payment transfer system that connects all financial institutions nationwide, and has been used for many years as a cost-effective alternative to checks.

Our ACH platform, called ezfunds, is an internet-based ACH system that handles origination, receipt, and returns (exceptions). It’s easy to get started, and your ACH transactions will be easier, more convenient, and more flexible than ever.

Ezfunds gives you:

• Continuous Flow
• Simple, browser-based technology
• A user-friendly interface
• A single platform for origination and receipt
• Advanced security features
• Derived return capabilities
• Automated posting to your account
• Comprehensive reporting (including IAT reports)
• NACHA compliance
• Experienced and ACH-accredited staff support

ACH Settlement

We make it simple! We can receive your daily ACH settlement from the ACH operator and post it directly to your VolCorp account. This simplifies your settlement process to a single source, so you don’t have to maintain multiple relationships with different institutions.

ACH Receipt

ACH Receipt through VolCorp allows your credit union to become a Receiving Depository Financial Institution (RDFI), which gives you the ability to receive daily ACH debits and credits for your members.

With ezfunds, your daily activity can be delivered to you, or directly to your data processor for posting to your member’s account. We have several different secure options and can customize your ACH file delivery to best fit your processing needs.

ACH Origination

When you become an Originating Depositing Financial Institution, you’ll have the ability to initiate electronic debits and credits for your members and SEGs within the ACH Network and reduce payment processing costs.

ezfunds makes ACH Origination flexible and easy – you can create one-time entries, or use templates for recurring transactions. Manage payments by date, type, or person, and create offsetting entries with minimal data entry for posting on your data processing system.

ezfunds handles both domestic and international transactions (including Mexico) via a secure online connection, with controls available to reduce risk exposure. And your SEGs or small business members can have direct access to the system for their payroll or payment processing, streamlining the system even more. And ACH Origination also creates potential fee income for your credit union.

ACH Return (Exception) Handling

ezfunds gives you an efficient and cost-effective way to handle your ACH returns and NOCs (Notification of Change). Simply upload a return file or enter the trace number and a return reason code. We take care of the settlement through your VolCorp transaction account.

ACH Contingency

Even if you already receive your ACH receipt through the Federal Reserve or your data processor, we can be an alternate access point in case of contingency.

With ezfunds, VolCorp can receive your receipt file on your behalf (and process returns) if your current access ever becomes disabled. We’ll work closely with you to set up your ACH receipt file and make sure it’s in the correct format for your data processing system, and perform testing for both receipt and origination. You can document and use this set-up process as a testing of your ACH contingency plan.

Use ezfunds to make your ACH processing easier and better than ever, and give your members the services and flexibility they need!