Skip to main content


Automated Clearing House (ACH)

What is an ACH Transaction?

It is the electronic movement of funds between an originator and a receiver by means of the Automated Clearing House (ACH).  If your payroll is direct deposited to your account it is most likely being deposited by means of an ACH transaction.  (Your employer is the originator and you are the receiver).  Likewise, if you pay your bills by disclosing your routing number and account number to a merchant these funds are being withdrawn from your account by means of an ACH transaction.  (You are authorizing the entity you are paying to originate an ACH transaction from your account, the receiver)

You may sign up for scheduled recurring transactions or a non-recurring transaction.  Utilize this service to pay your loan payments, fund your savings accounts at CBI Federal Credit Union, or to send funds to your account.  There is NO FEE for scheduled recurring debit or credit transactions.  This is a service offered to you.