Louisiana Corporate offers Automated Clearing House (ACH),
a quicker, less expensive method of processing regular recurring
payments such as credit card or loan payments. Instead
of using checks, payment is transmitted electronically from
one financial institution to another. ACH is the "middle
man" between institutions.
ACH reduces costs, reduces delinquencies of payments to
the credit union, promotes credit union usage, and is a
possible source of fee income for credit unions processing
member and/or company ACH payments/deposits. For more
information, contact the Corporate
staff today.