ATLANTA, GA– June 7, 2016—Atlantic Capital Bank, NA announced it has been ranked among the Top 50 Largest Originators of Automated Clearing House (ACH) Payments for 2015, according to the National Automated Clearing House Association (NACHA.). Atlantic Capital’s Payments Industry Banking Group is an emerging market leader, boasting an increase in ACH transaction volume of 36.7 percent over the last year.
“We’ve seen tremendous growth in Atlantic Capital Bank’s ACH volume over the last few years in support of our dynamic client base in the Payroll and Fintech industry segments,” said Nathan Ottinger, Senior Vice President of Payments Industry Banking at Atlantic Capital Bank.
Mr. Ottinger adds that Atlanta is a leading hub of payment processing activity in the United States and Atlantic Capital Bank is well positioned to continue to grow its ACH transaction volume and deliver payments expertise to our clients.
NACHA ranked Atlantic Capital as number 50 on the list of Top 50 Originators of ACH Payments. NACHA annually compiles the list of the top 50 originating and receiving financial institutions of ACH payments. ACH transaction volume grew to more than 24 billion electronic payments in 2015, an increase of 1.3 billion payments or 5.6 percent over 2014 volume, according to new statistics released recently by NACHA. The increase marks the second consecutive year in which ACH payments grew by more than 1 billion.
For more information on ACH Network volume and Top 50 Originators and Receivers, visit www.nacha.org.
View the complete 2015 list at: https://www.nacha.org/system/files/resources/The-NACHA-TOP-50-Originators-2015.pdf
About Atlantic Capital Bank, NA
Atlantic Capital Bank, NA is a subsidiary of Atlantic Capital Bancshares, Inc. which is a $2.6 billion publicly traded bank holding company headquartered in Atlanta, Georgia. Atlantic Capital offers banking, treasury management, capital markets, trust, and mortgage services to privately held companies and individuals in Atlanta, eastern Tennessee, and northwest Georgia. Atlantic Capital also provides specialized financial services to select clients nationally. For more information, visit our website at www.atlanticcapitalbank.com.