Automated Payment Exchange-Automated Clearing House (APEX-ACH) allows credit unions of all asset sizes to process and originate all types of ACH transactions via APEX-ACH.


APEX-ACH was created specifically as a credit union network based product which means your suggestions for improvements are considered in future enhancements. System flexibility allows you to choose the level of business solutions you need to meet your members’ needs. With the number of ACH transactions growing, this improved technology provides you with a more efficient means of handling a higher volume of ACH payments, faster, and more effectively.


APEX is an Internet-based ACH origination, receipt and exception handling system that can add flexibility to your day-to-day ACH processing. Using the speed and convenience of the Internet, APEX assists in the collection and distribution of ACH transactions for your credit union.


Here are several time-saving and operational benefits to using APEX in your credit union:

• Continuous Flow - processing your files is handled much faster than in the past.
• Browser-Based Technology - convenient access over a secure Internet connection and easy navigation through the system.
• Turnkey Outsourcing - eliminates the need for maintaining hardware, software and operations support.
• Control - user setup and maintenance can be retained through user security at your credit union.
• Automated Posting to Your Transaction Account - all settlement entries can be posted to your Transaction account with VolCorp.

Since APEX operates over the Internet, the need for additional software or hardware is eliminated. Using APEX also reduces your need for complex contingency plans. Nothing is loaded onto the hard drive of your PC, allowing you more flexibility in your day-to-day operations and making recovery easier. Plus, the information is protected through advanced security features, ensuring your credit union’s funds are safe and secure.


Here are several benefits to using ACH Originiation:

• Payroll
• Account Transfers
• Small Fee vs. Wire
• Member Payments - Loans
• Available Next Business Day
• Credit Union can Transfer their own Funds from Bank Account

• ACH Settlement - daily settlement of ACH debits and credits posted to your Transaction Account.

Examiners on your back about contingency for your ACH? Are you looking for an substitute point to receive your ACH receipt files? If you currently receive your ACH receipt via the Federal Reserve or via your data processor, VolCorp can become an alternate access point for you in case of contingency.

Via our internet based APEX-ACH product, VolCorp can receive your receipt file on your behalf if your current access becomes disabled as well as process your returns. During the set up process, VolCorp will work closely with you to perform all testing to ensure you receive your ACH receipt file in the correct format that your data processing system needs as well as showing you the ease of processing your ACH returns. Origination is also an option and as easy to test. You can document and use the set up process as a testing of your ACH contingency plan.

We are always looking for ways to better serve you, and this is one of them. Because of the versatility of the APEX- ACH you are able to access the site from any internet location.

For more information on this service please contact: Sherry Alers at ext. 290 or Karla Knisley at ext. 255.


For more information about our ACH services, contact Product Support at Extension 5.