You can make quick, easy transfers of assessments and other transactions to others or to transfer funds between your community association, Homeowners Association (HOA), Common Interest Development (CID) or Planned Unit Development (PUD) accounts. Our ACH payment system gives you a hassle-free alternative to processing manual checks and credit card payments each month.
Why Work with Alliance Association Bank?
With our ACH management tool1, you can:
- Generate ACH files within your own software; Alliance Association Bank will process them for you.
- Set up worry-free automatic transfers to community association, HOA, CID and PUD accounts.
- Improve payment efficiency, so you can focus on other tasks.
Save Time and Money
- Lower the costs of processing transfers and homeowner payments.
- View an audit trail of payments.
- Improve accuracy of cash flow forecasting.
1. This functionality is based on the National Automated Clearinghouse Association (NACHA) 2017 rule adopting Same Day ACH Origination Solution as amended in 2020. Requires enrollment in Business Online Banking. Some products and services may be subject to prior approval or fees. Refer to disclosures provided at account opening, the Business Schedule of Fees, and Pro Forma for additional information.