Nacha Releases Top 50 Financial Institution ACH Originators and Receivers for 2024; Total ACH Payment Volume in 2024 Exceeded 40 Billion

RESTON, Virginia, March 27, 2025 – Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2024.

Among originating institutions, the Top 50 were responsible for 29.7 billion ACH payments in 2024, up 7.4% from a year earlier. They accounted for 93.8% of the ACH Network’s total commercial payments volume.

The Top 50 receiving institutions reported nearly 22 billion ACH payments last year, an increase of 10.4% from 2023. These institutions accounted for 65.5% of total volume on the ACH Network, inclusive of payments received from the federal government.

“Businesses and consumers nationwide rely on the ACH Network to deliver wages, pay bills and vendors, transfer funds, and much more. Financial institutions are the backbone in securely moving these funds through the ACH Network,” said Michael Herd, Nacha Executive Vice President, ACH Network Administration.

Financial institutions also processed 6.7 billion “off-Network” ACH payments in 2024. These are primarily “on-us” ACH payments for which the originating and receiving financial institution are the same and therefore are not submitted to an ACH Operator. Total ACH payment volume for 2024, including these off-Network payments, was 40.2 billion, up 7.2% from 2023.

The complete Top 50 lists can be downloaded as a PDF.

On March 26, President Trump signed two Executive Orders aimed at strengthening the federal government’s payment systems by promoting electronic payments (including Direct Deposit) and reducing the use of paper checks.