MISSION STATEMENT

The Mid-Atlantic Clearing House Association, Incorporated, trading as MACHA-The Mid-Atlantic Payments Association is a not-for-profit, tax-exempt organization engaged in supporting and promoting the electronic transfer of funds between member financial institutions nationwide.

Our Association is one of nineteen regional Automated Clearing House (ACH) associations which belong to NACHA - The Electronic Payments Association. NACHA and its individual member associations have entered into an agreement with the Federal Reserve System making the Operating Rules of NACHA, and its member associations, applicable to all private-sector ACH transfers processed by Federal Reserve Banks, including those involving non-ACH member financial institutions.

Our mission is to increase the use and awareness of electronic payments made through the ACH Network by providing training and operational support to the payments professionals in the Mid-Atlantic region. Also, to be a resource for information related to topics outside of the ACH such as check, wire transfer and electronic commerce in general.

The Association serves member financial institutions comprised of commercial banks, savings banks, credit unions, and savings and loans in Maryland, District of Columbia, Delaware, Northern Virginia, Northeast West Virginia, and Southern Pennsylvania. MACHA also serves associate members comprised of business entities other than financial institutions.

We share a common strategy with our membership in the pursuit to maximize business efficiencies, improve payment processes, reduce risk and cost, and increase customer satisfaction.