MDBs: Advancing development through trade
Apr 18, 2025
Alexander Malaket
Carter Hoffman
Apr 08, 2025
Nacha, the governing body behind the ACH Network, has announced its board of directors for 2025, comprising executives from large and small banks and credit unions.
The board, which oversees the strategic direction of Nacha and the ACH Network, provides a voice for the thousands of organisations that use and benefit from the ACH Network.
The 2025 Board includes:
Hussey said, “I am honoured to again serve as chair alongside this outstanding group of payments professionals. Together, we will foster collaboration and drive forward Nacha’s mission to meet the ever-changing payment needs of American consumers and businesses.”
Nacha – previously known as the National Automated Clearinghouse Association – is a nonprofit organisation that governs the ACH (Automated Clearing House) Network in the United States.
The ACH Network is a part of the financial system that helps facilitate electronic payments such as direct deposits, bill payments, and business-to-business transactions. The organisation also establishes rules and standards for network participants.
In 2024, the network completes 33.6 billion payments, valued at $86.2 trillion.
While it operates independently, Nacha works closely with financial institutions and regulatory bodies, such as the Federal Reserve and the Consumer Financial Protection Bureau (CFPB), to maintain a secure and reliable electronic payment infrastructure.
While focused on the US, Nacha collaborates with global payment organisations to develop international standards for electronic transactions, and ACH-based models are being explored in cross-border payments as a possible means of reducing costs and delays.
Trade Treasury Payments is the trading name of Trade & Transaction Finance Media Services Ltd (company number: 16228111), incorporated in England and Wales, at 34-35 Clarges St, London W1J 7EJ. TTP is registered as a Data Controller under the ICO: ZB882947. VAT Number: 485 4500 78.
© 2025 Trade Treasury Payments. All Rights Reserved.