Nacha Releases Top 50 Financial Institution ACH Initiators and Recipients for 2021


The top 50 receiving institutions in 2021 saw ACH volume totaling 18.2 billion payments, up 11% from 2020. They accounted for 62.6% of total ACH network volume, which includes payments received from the government federal.

“These increases in ACH payment volume in 2021 further demonstrate the acceleration of the shift to electronic payments in the U.S. economy,” said Michael Herd, nacha Senior Vice President, ACH Network Administration.

Additionally, Nacha reported over 4.7 billion “out of network” ACH payments in 2021. These are primarily “on us” ACH payments where the originating and receiving financial institution are the same, and therefore not subject to an ACH operator. Including these out-of-network payments, total ACH payment volume for 2021 was 33.8 billion, an increase of 8.8% over 2020.

Full Top 50 lists are available at

About Nasha
Nacha governs the growing ACH Network, the payment system that enables secure, smart, and fast direct deposits and direct payments with the ability to reach all U.S. bank and credit union accounts. More than 29 billion ACH network payments were made in 2021, valued at nearly $73 trillion. Through problem solving and consensus building among various stakeholders in the payments industry, Nacha advances innovation and interoperability in the payment system. Nacha develops rules and standards, provides industry solutions and offers education, accreditation and consulting services.

Contact: Dan Roth
[email protected]



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