NACHA Issues Top 50 Lists for 2008 ACH Originators, Receivers

NACHA has published its lists of the top 50 ACH originators and receivers for 2008. The origination side is very concentrated with the top 10 originating financial institutions accounting for 73.3 percent of all interbank ACH payments in 2008, up slightly from 72.5 percent in 2007. For the receiving side, most closely representing the distribution of financial institutions deposit accounts across the industry, the top ten receiving institutions accounted for 39.4 percent of all interbank ACH payments in 2008, up slightly from 38.3 percent in 2007.