August 03, 2010

Beach Business Bank, a $137 million asset community bank based in Manhattan Beach, Calif., has selected ACH Federal to provide Automated Clearing House services for its customers.

Beach Business Bank clients will now have the capability to collect payments from customers online, make payments to vendors and deposit payroll funds into employee accounts.

“Beach Business Bank has a strong history of technology innovation typically only associated with larger financial institutions," said Melissa Rickabaugh, executive vice president, senior operations officer, Beach Business Bank, in a statement. "By engaging the expertise of ACH Federal, we are now able to deliver end-to-end Web-based ACH processing services to our valued customers with the convenience of a trusted neighborhood bank."

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ACH Federal provides a Web-based platform to securely process ACH transactions for Beach Business Bank through a terminal that connects directly to the Federal Reserve using the financial institution’s routing number.

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