Report Helps You
Track ACH Volume

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As the effort to reduce the amount of paper in the payment system accelerates, the number of ACH payments is predicted to increase.

With this expanded focus on ACH, it is more important now than ever to track ACH volume. To help, the St. Louis Fed can provide you with a report that shows the total number of commercial ACH items your financial institution originated or received in a given month. You can have this report designed to contain data for any group of months, starting from June 1994 to the present.

Although this information can be pulled from your billing reports, this one-page summary gives you a condensed snapshot of your experience for a select period of time. This is helpful because it reveals fluctuations and trends in your ACH volume. The summary also saves you the time and effort of having to find your old billing reports and look up past data.

In addition, this report is a good way to measure the results of ACH marketing and educational efforts implemented by your financial institution. This is particularly timely in light of the upcoming kickoff of the Automated Payments Partnership, an alliance between the Federal Reserve and Mid-America Payment Exchange to promote electronic payments to companies and consumers across the Midwest. If you are planning to participate in the Partnership and execute a marketing campaign at your financial institution, this report would be an excellent way to see if your ACH volume increases during your promotion. (See article on page 2 for a more detailed description of the Partnership.)

To request a copy of this ACH report, call Carrie Andert in St. Louis at (314) 444-8946.